DBSA provides $105m for Zambia hydropower expansion
Zambia-focused private power firm moving ahead with 40-MW...
Kabompo Gorge hydropower project, Zambia
Renewable energy investors show strong interest in SA’s... http://us-cdn.creamermedia.co.za/images/mw/video.png
World Bank to help boost African power by 30 GW by 2016
The World Bank is planning to coordinate funding for 30 gigawatts (GW) of new power generation in Africa over the next five years, a senior official said on Monday.
"We are not going to finance everything ourselves, but how we can help leverage financing for that 30 gigawatts of additional capacity," Reynold Duncan, the bank's Africa energy specialist, told reporters on the sidelines of power conference.
All potential projects, including the mammoth Inga hydropower scheme on the Congo river in Democratic Republic of Congo, would be considered, Duncan added, but gave no details of specific project funding.
In a major report last year, the World Bank said sub-Saharan Africa needed to double its infrastructure spending to $93-billion a year, 15% of regional output, to drag its road, water and power networks into the 21st century.
The region needs an extra 7 000 megawatts of capacity a year to meet the demand of its 800-million people, who currently have access to the same amount of power as Spain, with a population of just 45-million.
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Zambia firm seeks EPC contractors for hydropower project
Independent electricity utility Copperbelt Energy Corporation (CEC) has called on engineering, procurement and construction (EPC) contractors to show their interest in building the 40-MW Kabompo Gorge hydroelectric scheme, in Zambia.
The power company, which supplies electricity to mines in the Copperbelt Province of Zambia, has previously indicated that it plans to spend about $120-million on developing the hydropower project by 2015.
CEC this week called on EPC contractors or turnkey construction providers to submit expressions of interest to participate in the project, by November 19.
It anticipated issuing invitations for bids by March 2011.
In October, CEC corporate development MD Michael Tarney said that the company plans to start construction on the project within the next two years.
The company’s current demand from customers amounted to 450 MW, but this could increase to between 750 MW and 800 MW by 2012, as the copper-mining industry in the country continues to grow.
CEC, which is also involved with the transmission of power on behalf of Zambia Electricity Supply Corporation (Zesco) and the Democratic Republic of Congo’s SNEL electricity utility, has indicated that the Kabompo Gorge project would provide additional power supplies for the mining industry, but that it could also assist in stabilising the electricity on Zambia's main power grid.
The Southern African country has an installed capacity of about 1 800 MW, with the majority of power being generated through hydropower schemes.
The largest contribution comes from Zesco’s 900-MW Kafue Gorge power station, followed by the Kariba North Bank power station, which has an installed capacity of 720 MW.
However, power supplies in the country were expected to be tight in 2012, before new generation capacity is brought on line between 2013 and 2015.
Zesco was currently expanding the Kariba North Bank power station by an additional 360 MW at a cost of $430-million.
China’s Sinohydro started the construction of the plant in November 2008. The project was expected to be completed by December 2012.
Besides the Kariba North extension project, Zesco was also working on implementing the $275-million 120-MW Itezhi Tezhi hydropower station, which was expected to be completed by 2013.
In August, Zambia Ministry of Energy and Water Development office for promoting private power investment manager Israel Phiri said that the country expected construction on the Kafue Gorge Lower hydropower project, in Zambia, to start in June 2011.
At current projections, the project would initially deliver 600 MW of power generation, but would have a design capacity of 750 MW. It would require an investment of between $1,5-billion and $1,8-billion to develop the project.
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Lake Kivu could generate 1 000 MW over 50 yrs
About $50-billion a year worth of energy could potentially be generated at Lake Kivu, on the border of the Democratic Republic of Congo and Rwanda, if the resources there could be unlocked.
Lake Kivu project promoter Phillip Morkel told delegates at an Africa investment summit in Johannesburg on Friday, that about 1 000 MW of electricity could be generated from the lake's resources over the next 50 years.
Thereafter, power generation could continue at about 200 MW.
The Ruzizi river, into which Lake Kivu empties, could generate a further 500 MW of hydropower.
While the lake was smaller than many other lakes in the Great Lakes region of Central Africa, it was 500 m deep. It held around two-trillion cubic feet of methane resources and ten-trillion feet of carbon dioxide resources.
This was a significant gasfield that remained underdeveloped, said Morkel.
He noted that it currently cost about $0,36/kWh to produce electricity in Rwanda. If electricity generation projects along the lake came to fruition, the costs would be significantly lower at $0,10/kWh. Production costs could be reduced further to $0,07/kWh if carbon credit funding was realised.
Such projects could potentially provide electricity to between 40% and 60% of the population in the surrounding communities.
However, in order to unlock the potential of this lake, an infrastructure investment of about $3-billion would be required. A further $2-billion would also need to be invested on developing the lake.
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Yangtze Power may buy into EuroSibEnergo
China Yangtze Power Co, the nation's biggest hydro-dam operator, is in talks to buy a stake in OAO EuroSibEnergo as a key investor for the Russian utility's planned initial share sale in Hong Kong.The investment requires approval from the Chinese government. The companies are still negotiating on the price.
Chinese utilities are cooperating with neighboring countries including Myanmar on power projects that will help supply the world's fastest-growing major economy. EuroSibEnergo said on Monday it is forming a venture with China Yangtze, whose output more than doubled in the first nine months, to develop generators in Siberia and the Russian Far East.
China is undertaking a study with Myanmar and Thailand on a 7,000-megawatt hydro-dam on the Salween River, the Chinese government said on Nov 16. EuroSibEnergo and China Yangtze are planning 10,000 megawatts of generation capacity, some of which will be exported to China, according to the Russian company.
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Ethiopia has a potential to generate over 60,000 MW electric power
Ethiopia has a potential to generate over 60,000 MW electric power from hydroelectric, wind and geothermal sources according to a study cited by Corporate Communication Chief Officer with Ethiopian Electric Power Corporation (EEPCo), Misikir Negash.
Miniskir told the state-run news agency ENA that Ethiopia's potential capacity in hydroelectric power is 45,000MW while 10,000 MW can be generated from wind and 5,000 MW from geothermal sources.
Ethiopia plans to expand electric service coverage in the country to 75 per cent during the coming five years from the present 41 per cent.
Ethiopia currently generates about 2,000 MW almost exclusively from hydroelectric power. The country plans to expand this to about 8,000 MW in the next five years. A 120MW wind power plan is being constructed in Tigray State and similar wind power projects will start in Adama, Aysha - an area located between Dire Dawa and Dewelle as well as in Debreberhan and Mesebo, ENA reported.
EEPCo said it will install for the first time in the country a 500 kilovolt high-voltage electric cable covering up to 434-km.
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Russia To Build Power Plants for Nepal
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Hydro Power Summit Latin America 2011
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Event:Hydro Power Summit Latin America 2011
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Place:Sao Paulo
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Starts:04-MAY-11
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End:05-MAY-11
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Webpage: Click Here
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E-mail:kbauco@bnamericas.com
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Contact:Ken Bauco
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Phone:56-2-9410308
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Price: Since USD$1695 To USD$2295
This event is being held at the Sao Paulo from the 04-MAY-11 - 05-MAY-11.
The Hydropower Summit Latin America will bring together stakeholders from across the region to discuss new project development, technological innovation, regulation and investment in the hydropower sector. With some 140,000MW in total hydropower capacity, Latin America is one of the most important markets in the world for hydro investment and development.
Featuring case studies, keynotes and panel discussions led by project developers from Brazil, Chile, Ecuador, Panama, Peru and Venezuela, the Hydro Power Summit is a must-attend summit for regional public and private sector developers, service and solution providers, regulators and investors. Attendees include EPC companies, government ministries and public works authorities, investment banks, law firms, private equity, hedge funds, institutional and multilateral investors, water investors, hydro power project developers, water power experts, and rating agencies.
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