African Energy’s latest piece of investigative journalism is based on a stream of leaked documents, mostly in Arabic, which have been translated and verified by John Hamilton, a senior editor who over the past 17 years has reported in detail and in depth on Libya's energy sector including all aspects of the oil, gas and electric power sectors.
This exposé of mismanagement, corruption and lack of accountability is part of an ongoing reporting project.
African Energy has examined dozens of internal documents from the Ministry of Oil and Gas, NOC, the Government of National Unity, and other related institutions which provide a unique insight into how Libya’s oil and gas sector is being managed. African Energy’s research has revealed key risks which any participant in the sector will need to understand and navigate.
In every country and region of Africa the addition of more transmission capacity will open new IPP opportunities, allow more wind and solar to be added, will stimulate trade making generation projects more bankable, and of course will bring power to more businesses and people, improving lives and stimulating economic growth. Detailed planning, better financial models, and improved regulation are finally being put in place at utility, power pool and multilateral institution level. The test is whether serious money will follow.
African Energy is following what could be the single most important phase of African power markets development.
Drastic regulatory reforms are reshaping South Africa’s electricity supply industry (ESI). With the unbundling of the state power utility Eskom into separate units for generation, transmission and distribution, a deregulated energy market dominated by private players and electricity traders, is emerging.
Authorities hope competition will increase the reliability of supply, bring down prices and help to close an enormous infrastructure funding gap.
Through reporting and the latest data, African Energy has been closely monitoring and covering the transition and the trends towards a liberalised ESI.
Tunisia has some of the best prospects for renewable energy in Africa. It has good wind resources, excellent solar resources and a strong economic imperative to displace imported and expensive Algerian gas. Its proximity to Europe also means that it will amongst the first countries to benefit from HVDC and – potentially – green hydrogen technology.
Excellent officials are driving policy at the Ministry of Industry Mines and Renewable Energy and want projects to succeed. But President Kaïs Saïed’s poisonous scapegoating of alleged ‘profiteers’, and his inflationary and subsidy-dependent macro-economic policy make delivering projects much harder than it needs to be.
African Energy has been weighing the risks and opportunities.