Africa-EU Renewable Energy Cooperation Programme (RECP) A European Platform for Private Sector Investments in Africa s RE Markets

Transcription

1 Africa-EU Renewable Energy Cooperation Programme (RECP) A European Platform for Private Sector Investments in Africa s RE Markets Niklas Hayek, Project Manager Waste to BioEnergy Africa Valladolid, 26 September 2017

2 Status & Needs: Energy Access & Efficiency 2

3 Africa: Rich in energy resources Gas Oil Gas Oil Hydro Oil Fossil fuels Oil Oil Gas Wind Solar Coal In the last 5 years, almost 30% of global oil & discoveries were in sub-saharan Africa; the region has vast untapped renewables potential, notably hydropower & solar Source: World Energy Outlook 2014

4 poor energy supply Share of population with access to electricity: More than 50% Less than 50% In sub-saharan Africa, 620 million people two-thirds of the population live without electricity. Only a handful of countries have electrification rates above 50% Source: World Energy Outlook 2014

5 Growth in Sub-Saharan Africa Source: The Economist, 2011 Source: The Economist

6 Solid biomass remains at the centre of the sub-saharan energy mix Total primary energy demand in sub-saharan Africa Bioenergy Modern renewables Oil Coal 2012 Additional demand in 2040 Gas Nuclear Mtoe Reliance on fuelwood & charcoal remains high, even as incomes grow; 650 million people still cook with biomass in an inefficient & hazardous way in 2040 Source: World Energy Outlook 2014

7 What is the RECP? The RECP is a African-European platform for promoting renewable energy market development and investment in Africa Funded by the European Commission, the Netherlands, Germany, Austria, and Finland 7

8 How can the RECP Provide Support? Well structured and accessible Market Information 16 Market Briefings developed Match-Making Events in Africa and Europe 10 Match-Making Events with over 3300 B2B meetings Successful Access to Financing Identifying Project Opportunities in Partner Countries 2 Business trips to Rwanda/Uganda and Nigeria 65 project opportunities presented at events Project preparation support and access to financial support 35 projects supported by the RECP Finance Catalyst Over 12,000 visitors on Funding Database + complementary policy advisory + support to skills development and innovation 8

9 RECP Innovation & Skills Development Higher Education Technical & Vocational Training Africa-EU Research Cooperation Business innovation

10 How can the RECP support your business? Access to Market Information Web-based market briefings introducing the political and economic situation, the electricity sector, and the RE potential Doing business guides with how-to - information, providing an in-depth analysis of a certain market segment (e.g. Captive- Power/Self-Consumption in Nigeria) Project scouting: through in-country partners, and consultants Information events: workshops that introduce certain markets presentations or panels; organized through partners 10

11 How can the RECP Provide Support? Access to Potential Business Partners and Project Opportunities RECP matchmaking events help you identify your next project/partner: Meet technology suppliers, project developers, service providers from Europe Meet potential clients and business partners from African markets Meet potential financiers More than 16 events implemented in both Africa and Europe since 01/2016 Events are organized standalone or attached to other events, through partners (African and European industry associations) with structured match-making sessions 11

12 How can the RECP Provide Support? Information on Financing Opportunities RECP s finance database helps you identify sources of funding: Information on more than 50 individual sources of funding; currently gathering data on funds Initial risk-mitigation instruments included, to be expanded Inclusion of local banks is planned 12,250 unique visitors since 01/

13 How can the RECP Provide Support? Advisory to Project Developers: the Finance Catalyst Advisory support to project developers on project development, structuring and access to finance ( bankability TA ) Cooperation ( two-way-street ) with financing instruments: feeding into as well as upstream referral A team of highly experienced professionals Standardized and fair access procedure through an intake on the RECP website Time budget of up to 100 hours per project (deviations possible) 13

14 Initial Results Access to Finance Finance Catalyst is supporting Projects in accessing Finance 35 Projects currently supported IPP Mini-Grid Provider applications 35 selected Captive Power Distributor of Energy Systems 4 3 Financial Intermediary End-user Financing with a total projected installed capacity of 351 MW with a total projected investment volume of EUR 1,034 Mio. Clear need in the market for this type of early-stage project preparation support! Solar PV Wte Biogas Solar Home Systems Hydro WtE Biomass Biocropscombustion 14

15 How can the Services and Products be accessed? Countries, Partners and Access The RECP operates in depth in six African countries (Nigeria, Rwanda, Uganda, Senegal, Zambia, and Mozambique) We cooperate with and implement through a network of partners, both in-country as well as global or European industry associations Information and support services are accessible through 15

16 Upcoming Events: October & November 2017 Info Workshop B2B Match-Making 16

17 Upcoming Event: January

18 Thank you for your attention! Questions & Feedback always welcome! Contact: Niklas Hayek,