Infrastructure Insights
While liberalizing electricity markets is a worthy goal, it can only be achieved by adhering to best practices. Lowering barriers to entry, maintaining liquidity in consumer markets, and protecting consumers are vital steps.
Building infrastructure often requires the investment of substantial amounts of money over long periods, which makes pursuing socially responsible and sustainable development more vital.
Financing for renewable energy in Africa involves dealing with unique challenges. Currency fluctuations, less reliable power grids, and shifting political situations can derail projects.
The Gulf Cooperation Council (GCC) which includes the countries of Bahrain, Kuwait, Saudi Arabia, Oman, Qatar, and the United Arab Emirates face increasing demand for water and limited supply.
Zambia has a strong commitment to renewable energy, but the nation faced power generation challenges in recent years. Zambia relied heavily on hydroelectric power, so a protracted drought reduced the supply of energy.