The year’s African Energy Week event closed with the message the continent is not ready to abandon fossil fuels, with one speaker casting doubt on the efficacy of renewables to keep the lights on, and a government representative stressing the need for oil and gas-fired electricity to power solar manufacturing.
On the final day of the event in Cape Town – organized by industry body the African Energy Chamber – Sara Vakhshouri, of SVB Energy International, told the conference each African nation has its own unique energy needs and that a ‘mixed basket’ of energy sources would be the best approach for nations to secure energy security.
Vakhshouri is founder and president of the Washington-based consultant, which lists ‘major national and international oil companies’ as its biggest client type. She told the event: “Energy transition doesn’t mean we only need solar and wind. We are not sure that the energy transition to renewables with the current technology is sustainable and viable yet. The high energy prices, increase in population, and lower efficiency of solar and wind make us see a different scenario.”
Mohammed Amin Adam, deputy energy minister of Ghana, called upon international investors to devote as much attention to developing renewables in Africa as they do in other markets, such as Europe and Asia.