Africa is projected to experience increasing climate hazards for the remainder of the 21st century, which are likely to pose a challenge to hydropower generation in Africa. To minimise the adverse effects of climate change, hydropower is needed to enhance Africa’s resilience to climate change....

Although Africa accounts for one-fifth of the global population, the region currently attracts only 3% of global energy investment. By 2030, energy investment needs to double to over USD 200 billion per year, in order for African countries to achieve all their energy-related development goals,...

Today’s global energy crisis underscores the urgency and magnitude of the task of transforming Africa’s energy sector, as well as the benefits of an accelerated shift to more affordable and cleaner sources of energy.The Africa Energy Outlook 2022 is a new special report from the...

This year’s edition of the World Energy Investment report presents the latest data and analysis of how energy investment flows are recovering from the shock of the Covid-19 pandemic, including full-year estimates of the outlook for 2021. It examines how investors are assessing risks and...

Our climate is changing. Less certain, however, is the timing and magnitude of climate change, and the cost of transition to a low-carbon world. This book identifies how climate change policy uncertainty may affect investment behaviour in the power sector. For power companies, where capital...

This booklet considers the impact of electricity market reform on power generation costs and investment. Governments throughout the OECD are restructuring their electricity supply industries, reducing the direct role of the state and introducing competition. These changes are designed to...

This report looks at how investors have responded to the need to internalise investment risk in power generation and how these responses have affected the organisation of the power sector and technology choices. This study looks at several cases of volatile prices in IEA countries’ electricity...