A number of large-scale gas and renewables projects are expected to advance towards financial close in the coming 12 months, offering power at very low prices. At the same time, a multitude of relatively small-scale projects are close to agreeing power purchase agreements (PPAs) directly with end-users, representing a notable shift in the power sector investment environment. The implementation of deregulation (formally introduced by the 2015 electricity law, but only now taking effect) has opened up a valuable space for smaller-scale participants who cannot compete for the large scale build-own-operate (BOO) tenders.
Tagged with:
Related topics:
Subscribe to African Energy