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: Energy & Climate

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, Research 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

Research Fellow

Location & Contact

Bruegel, Rue de la Charité 33, 1210 Brussels

Matilda Sevon

matilda.sevon@bruegel.org

Read article Download PDF More on this topic More by this author

External Publication

The impact of the global energy transition on MENA oil and gas producers

Endowed with half of the world's known oil and gas reserves, the Middle East and North Africa (MENA) region is cornerstone of the global energy architecture. This article argues that – together with the pressing need to create jobs opportunities for a large and youthful population – the possibility of the world moving more aggressively towards a low-carbon future should represent a key argument for the implementation of economic reform programmes.

By: Simone Tagliapietra Topic: Energy & Climate Date: August 5, 2019
Read article More on this topic

Blog Post

China’s investment in Africa: What the data really says, and the implications for Europe

China has clearly signalled to Europe that it does not shy away from involvement in Africa, historically Europe’s area of influence. But the nature of China’s direct investment flows to the continent will have to change if they are to prove sustainable.

By: Alicia García-Herrero and Jianwei Xu Topic: Global Economics & Governance Date: July 22, 2019
Read article More on this topic More by this author

Podcast

Podcast

Deep Focus: Energy transition in the next EU institutional cycle

Bruegel fellow Simone Tagliapietra speaks to Sean Gibson in this instalment of 'The Sound of Economics', on the matter of the European energy transition and how the EU should proceed in the new institutional cycle.

By: The Sound of Economics Topic: Energy & Climate Date: July 10, 2019
Read about event More on this topic

Past Event

Past Event

Eurozone agreement: a mini revolution?

What does the new Eurozone budget do, and what does it not do? What are its strengths and weaknesses?

Speakers: Bruno Le Maire and Guntram B. Wolff Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: July 8, 2019
Read article More on this topic More by this author

Opinion

Faut-il s’endetter pour le climat?

Jean Pisani-Ferry, soutient qu’il ne faut pas s’interdire de financer une partie du coût de la transition écologique par l’endettement.

By: Jean Pisani-Ferry Topic: Energy & Climate Date: July 2, 2019
Read about event More on this topic

Past Event

Past Event

Tech-enabled payment processes: policy implications of new developments

What challenges does a shift towards new payment processes imply for EU financial services policy?

Speakers: Rebecca Christie, Etienne Goosse, Chirag Patel, Jörn-Jakob Röber, Johannes Vermeire and Nicolas Véron Topic: Finance & Financial Regulation Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: June 25, 2019
Read about event More on this topic

Past Event

Past Event

How comprehensive is the EU political realignment?

Has the left-right divide become obsolete in EU politics?

Speakers: David Amiel, Otilia Dhand, Nicolas Véron and Silke Wettach Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: June 25, 2019
Read about event More on this topic

Past Event

Past Event

China’s investment in Africa: consequences for Europe

How is Chinese investment impacting Africa, and what could be the consequences for Europe?

Speakers: Solange Chatelard, Maria Demertzis, Alicia García-Herrero, Abraham Liu and Estelle Youssouffa Topic: Global Economics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: June 24, 2019
Read about event More on this topic

Past Event

Past Event

Financial inclusion of SMEs for growth and job creation

How can increased access to finance benefit SMEs? What reforms are needed to encourage SME financial inclusion?

Speakers: Jihad Azour, Bruno Balvanera, Zsolt Darvas, Barbara Marchitto, Anta Ndoye and Guntram B. Wolff Topic: Global Economics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: June 21, 2019
Read about event More on this topic

Past Event

Past Event

Sound at last? Assessing a decade of financial regulation

What has changed since the financial crisis of 2008 that makes the financial system sound at last? Is regulatory reform going in the right direction? Has it run its course? 

Speakers: Patrick Bolton, Rebecca Christie, Maria Demertzis, Mathias Dewatripont and Xavier Vives Topic: Finance & Financial Regulation Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: June 20, 2019
Read about event More on this topic

Past Event

Past Event

What reforms for Europe's Monetary Union: a view from Spain

How is a successful European Monetary Union still possible in today's ever-shifting political landscape? What reforms need to occur in order to guarantee success of cohesive policies?

Speakers: Fernando Fernández, José Carlos García de Quevedo, Gabriele Giudice, Inês Goncalves Raposo, Javier Méndez Llera and Isabel Riaño Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: June 19, 2019
Read about event More on this topic

Past Event

Past Event

Role of national structural reforms in enhancing resilience in the Euro Area

At this event Gita Gopinath, Chief Economist at the IMF will discuss the role of national structural reforms in enhancing resilience in the Euro Area.

Speakers: Shekhar Aiyar, Maria Demertzis, Romain Duval, Gita Gopinath and Guntram B. Wolff Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: June 17, 2019
Load more posts