Past Event

Fostering energy access in Sub-Saharan Africa: what role for Europe?

Lack of energy access is a major challenge for Sub-Saharan Africa. How can Europe contribute to solving this issue?

Date: October 5, 2017, 11:00 am Topic: Green economy

VIDEO & RECORDING


SUMMARY

Limited energy access is an important obstacle to economic growth and improved livelihoods in sub-Saharan Africa (SSA). Solving the issue will require a combined effort by the international community and the SSA countries themselves. Europe should focus on scaling up its investment in the energy supply of SSA, while ensuring that the investment promotes energy use within, as opposed to outside, the region. Investment in the energy supply may be particularly favourable today in view of the following circumstances:
• A strong political will to improve global energy access
• Innovation has contributed to a large reduction in the cost of energy technologies
• Low natural gas prices
European policies aimed at promoting energy access should be tailored to the local context. It should be recognised, for instance, that the economic viability of using on- and off-grid technology will differ between regions. Moreover, policy makers should take into account the initial endowment of energy resources in countries. The cost of adding renewables may be larger than deploying abundant traditional energy sources. Hybrid solutions, involving increased use of both renewable and traditional energy sources, may therefore be efficient.
The EU promotes greater access to energy in SSA by providing finance, technical assistance and strengthening the business environment. The key financing instruments are grant funding and blending. Blending may be less effective in stimulating investment in economically unviable projects (such as in remote and poor areas). Improving energy access will require a more coordinated approach across the private sector, institutions and countries in Europe. Greater access to funding from financial institutions would enable more private investment in energy projects. The coordination between the various funding mechanisms of the EU may also need strengthening. Some investors may currently lack an understanding of the available support from the EU for energy projects in SSA. This issue could be overcome by establishing a platform on which institutions can provide details about the kind of funding they offer.
A number of other ideas were also discussed, including:
• European energy projects in SSA should improve their monitoring and results measurement.
• There is a need to broaden the discussion on improved ‘energy access’ from merely electricity to other uses of energy, such as cooking and transport.
• Energy projects in SSA should promote capacity building and education.
• Energy infrastructure projects may face a trade-off between the length of the pay-back period and the degree of environmental damage.

Event Notes by Gustav Fredriksson, Research Assistant, Bruegel

eVENT MATERIALS

Presentation by Alexander Huurdeman

 

Schedule

Oct 05, 2017

10:30-11:00

Check in and welcome coffee

11:00-11:20

Kick-off presentation

Laura Cozzi, Head of the Energy Demand Outlook Division, World Energy Outlook, International Energy Agency (IEA)

11:20-12:00

Discussion

Chair: Simone Tagliapietra, Senior Fellow

San Bilal, Head of Programme 'Trade, Investment and Finance', European Centre for Development Policy Management

Laura Cozzi, Head of the Energy Demand Outlook Division, World Energy Outlook, International Energy Agency (IEA)

Alexander Huurdeman, Senior Oil and Gas Expert ,World Bank

Lapo Pistelli, Executive Vice President, Eni

12:00-12:30

Q&A

12:30-13:00

Lunch

Speakers

San Bilal

Head of Programme 'Trade, Investment and Finance', European Centre for Development Policy Management

Laura Cozzi

Head of the Energy Demand Outlook Division, World Energy Outlook, International Energy Agency (IEA)

Alexander Huurdeman

Senior Oil and Gas Expert ,World Bank

Lapo Pistelli

Executive Vice President, Eni

Simone Tagliapietra

Senior Fellow

Location & Contact

Bruegel, Rue de la Charité 33, 1210 Brussels

Matilda Sevon

[email protected]

Read about event More on this topic
 

Upcoming Event

Jul
5
12:30

Green public investment after COVID-19

How can the public sector meet the climate funding needs of the EU?

Speakers: Zsolt Darvas, Elena Flores and Laurent Zylberberg Topic: Macroeconomic policy Location: Bruegel, Rue de la Charité 33, 1210 Brussels
Read article Download PDF More on this topic
 

Policy Contribution

How to make the EU Energy Platform an effective emergency tool

The EU Platform could become an effective emergency tool to safeguard Europe’s security of gas supply in case of a sudden interruption of Russian gas flows, but policymakers need to address challenges to make it work.

By: Walter Boltz, Klaus-Dieter Borchardt, Thierry Deschuyteneer, Jean Pisani-Ferry, Leigh Hancher, François Lévêque, Ben McWilliams, Axel Ockenfels, Simone Tagliapietra and Georg Zachmann Topic: Green economy Date: June 16, 2022
Read article More on this topic
 

Blog Post

Europe’s Russian oil embargo: significant but not yet

The ban on most Russian oil significantly scales up the EU response to aggression against Ukraine, but the bloc should stand ready for retaliatory actions.

By: Ben McWilliams, Simone Tagliapietra and Georg Zachmann Topic: Green economy Date: June 1, 2022
Read article More on this topic More by this author
 

Podcast

Podcast

An embargo on (most) Russian oil

A timely reflection on the EU’s latest round of sanctions banning Russian oil imports.

By: The Sound of Economics Topic: Green economy Date: May 31, 2022
Read article More on this topic
 

External Publication

Economics of access to energy

This chapter discusses the key obstacles that have so far prevented 840 million people worldwide from gaining access to electricity.

By: Giacomo Falchetta and Simone Tagliapietra Topic: Green economy Date: May 30, 2022
Read about event More on this topic
 

Past Event

Past Event

Is China’s private sector advancing or retreating?

A look into the Chinese private sector.

Speakers: Reinhard Bütikofer, Nicolas Véron and Alicia García-Herrero Topic: Global economy and trade Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: May 18, 2022
Read article More on this topic More by this author
 

Blog Post

REPowerEU: will EU countries really make it work?

By acting together, the European Union can optimise its response to the energy crisis in all scenarios but each country will have to make concessions.

By: Simone Tagliapietra Topic: Green economy Date: May 18, 2022
Read article
 

Blog Post

The EU needs transparent oil data and enhanced coordination

The EU lacks the coordination structure and transparent data necessary to most effectively navigate an embargo on Russian oil.

By: Agata Łoskot-Strachota, Ben McWilliams and Georg Zachmann Topic: Global economy and trade, Green economy Date: May 16, 2022
Read article More on this topic
 

Opinion

For Europe, an oil embargo is not the way to go

Even at this late hour, the European Union should consider taking a different path.

By: Simone Tagliapietra, Guntram B. Wolff and Georg Zachmann Topic: Global economy and trade Date: May 9, 2022
Read about event More on this topic
 

Past Event

Past Event

What is in store for Euro area economies?

ECB Executive Board Member Philip Lane discusses the outlook for Euro area economies.

Speakers: Maria Demertzis and Philip Lane Topic: European governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: May 5, 2022
Read article More on this topic
 

Opinion

A tariff on imports of fossil fuel from Russia

A tariff on imports of Russian fossil fuels would allow Europe to hit Russia's energy sector without great suffering.

By: Guntram B. Wolff and Georg Zachmann Topic: Global economy and trade Date: May 2, 2022
Read article More on this topic
 

External Publication

How to weaken Russian oil and gas strength

Letter published in Science.

By: Ricardo Hausmann, Agata Łoskot-Strachota, Axel Ockenfels, Ulrich Schetter, Simone Tagliapietra, Guntram B. Wolff and Georg Zachmann Topic: Global economy and trade Date: May 2, 2022
Load more posts