Libros Blancos
World Economic Forum Regional Action Group for Africa Financing the Future of Energy
In collaboration with Deloitte
In collaboration with Deloitte
Africa’s power sector will play a central role in the transition from fossil fuel-driven power generation to a renewable-strong energy mix. The migration to a multi-stakeholder-oriented net-zero power grid is being driven by “the 3Ds:”
- Decarbonization: moving from fossil fuel sources to renewables
- Decentralization: Shifting from centrally managed generation, transmission, and distribution to decentralized systems
- Digitalization: Leveraging digital technology to advance the transition
The report contends that new coalitions and investments with developed nations and NGOs including the World Economic Forum must coordinate and enable countries to leapfrog existing technologies and infrastructure.