Powering Up : Costing Power Infrastructure Spending Needs in Sub-Saharan Africa
Sub-Saharan Africa will require substantial investments in the power sector on the order of 4 percent of the region's gross domestic product (GDP) annually before 2015 if it is to meet the demands of economic development, keep pace with popula...
Main Authors: | , |
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Format: | Report |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2017
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/785271468203982865/Main-text http://hdl.handle.net/10986/28073 |
Summary: | Sub-Saharan Africa will require
substantial investments in the power sector on the order of
4 percent of the region's gross domestic product (GDP)
annually before 2015 if it is to meet the demands of
economic development, keep pace with population growth, and
expand electrification beyond the 2005 regional average of
just 34 percent. Developing a regional power-trading market
that exploits the vast hydropower potential of the
subcontinent may be the best way to bring those costs down
while also protecting against increases in oil prices and
curbing carbon emissions. Expanding electrification is a
daunting challenge, but the costs associated with extending
the transmission network are minor in comparison with the
investments in generation needed to accompany the demand of
Africa's growing economies. |
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