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Released January 31, 2013 | JOHANNESBURG
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Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--With growth in African economies continuing to pick up speed, the need for commensurate growth in power generation capacity is driving a project pipeline, which includes new plant proposals that are being evaluated and launched.
In Ghana, the local MacBaron Group is proposing to develop a modular, 2,000-megawatt (MW), combined-cycle gas turbine and heat recovery system. The Ketu power plant project is being planned as an efficient base-load provider for the West Africa Power Pool (WAPP). The developers are looking to fast-track the project.
The WAPP grid is estimated to have a shortfall of at least 5,000 MW, according to ESI-Africa. Industry experts estimate that the demand for power in West Africa is growing at more than 5% annually, while power consumption in the region is expected to double every 10 years.
The Ketu project will be fuelled with liquefied natural gas for up to 15 years. It will source gas from Nigeria when it becomes available from the West Africa Gas Pipeline.
Currently, the project promoter is soliciting strategic partners and lead developers. The promoter hopes to attract international equity and debt financing.
In Uganda, the developers of the proposed 600-MW Karuma hydropower plant have completed the technical re-evaluation process for bidders interested in construction. The procurement process has entered the financial evaluation stage. When this is completed, the firm with the best evaluation will be invited to negotiate and sign before the construction phase begins.
The Uganda electricity regulatory authority's statistics indicate that the country's peak demand for power is growing at a rate of 10% annually, which translates into a need for at least 50 MW of additional power annually if load-shedding is to be avoided.
Following the commissioning of the 250-MW Bujagali hydropower project, electricity demand has increased sharply, which indicates that new projects need to be brought online to prevent recurring load-shedding.
Uganda's national development plan identifies limited generation capacity and corresponding limited transmission and distribution networks as key constraints to the performance of the energy sector. The plan also cites increasing power generation capacity as the best way deal with this problem, and the construction of larger hydropower plants as the best strategy.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
In Ghana, the local MacBaron Group is proposing to develop a modular, 2,000-megawatt (MW), combined-cycle gas turbine and heat recovery system. The Ketu power plant project is being planned as an efficient base-load provider for the West Africa Power Pool (WAPP). The developers are looking to fast-track the project.
The WAPP grid is estimated to have a shortfall of at least 5,000 MW, according to ESI-Africa. Industry experts estimate that the demand for power in West Africa is growing at more than 5% annually, while power consumption in the region is expected to double every 10 years.
The Ketu project will be fuelled with liquefied natural gas for up to 15 years. It will source gas from Nigeria when it becomes available from the West Africa Gas Pipeline.
Currently, the project promoter is soliciting strategic partners and lead developers. The promoter hopes to attract international equity and debt financing.
In Uganda, the developers of the proposed 600-MW Karuma hydropower plant have completed the technical re-evaluation process for bidders interested in construction. The procurement process has entered the financial evaluation stage. When this is completed, the firm with the best evaluation will be invited to negotiate and sign before the construction phase begins.
The Uganda electricity regulatory authority's statistics indicate that the country's peak demand for power is growing at a rate of 10% annually, which translates into a need for at least 50 MW of additional power annually if load-shedding is to be avoided.
Following the commissioning of the 250-MW Bujagali hydropower project, electricity demand has increased sharply, which indicates that new projects need to be brought online to prevent recurring load-shedding.
Uganda's national development plan identifies limited generation capacity and corresponding limited transmission and distribution networks as key constraints to the performance of the energy sector. The plan also cites increasing power generation capacity as the best way deal with this problem, and the construction of larger hydropower plants as the best strategy.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
