Energy Transition

Nigeria will host the brand new Africa Energy Bank, aimed at aiding energy projects and enhancing development and energy security on the continent.

Keir Starmer’s government has pledged to double onshore wind, treble solar, quadruple offshore wind and eliminate fossils fuels from the grid by 2030.

Belgium’s dependence on natural gas is expected to remain strong in the coming years as nuclear power is gradually phased out and the country’s green transition faces challenges.

Nigeria needs to industrialise its energy transition without significantly increasing carbon emissions, a report funded by the Agence Française de Dévelopment said.

The Nigerian electricity regulator’s 300 percent tariff hike has raised concerns, prompting calls for alternative energy development.

Last year’s COP28 provided an important framework for discussing a new energy systems order where fossil fuels would be less central, one analyst said.