Africa / ‘Crippling Spikes’ In Power Prices Underscore Need For New Sources Of Energy, Says IEA

Continent has only two commercial nuclear plants in operation
‘Crippling Spikes’ In Power Prices Underscore Need For New Sources Of Energy, Says IEA
Image courtesy Flickr/Jbdodane.
Today’s crippling spikes in energy prices underscore the urgency and the benefits for African countries of accelerating the scale up of cheaper and cleaner sources of energy, the International Energy Agency has said.

According to the agency’s Africa Energy Outlook 2022, fossil fuel plants remain the main source of generation through to 2030 in North Africa, but this is more than offset by much higher output from renewables and the start of nuclear power production in Egypt, the International Energy Agency said.

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