KEY STRATEGY ISSUES FOR POWER GENERATION COMPANIES IN AFRICA TO CONSIDER AS THEY PLAN FOR THEIR 2025 BUSINESS:

1. Increase Generation Capacity: Invest in new power plants to meet growing demand.

2. Diversify Energy Sources: Explore renewable energy (solar, wind, hydro) to reduce dependence on fossil fuels.

3. Improve Plant Efficiency: Upgrade existing infrastructure to increase capacity factor.

4. Reduce Gas Constraints: Develop strategies to ensure reliable gas supply.

5. Enhance Maintenance: Implement predictive maintenance to minimize downtime.

 

1. Invest in Smart Grids: Leverage technology for efficient grid management.

2. Expand Renewable Energy: Achieve 36% renewable energy target by 2030.

3. Develop Energy Storage: Integrate energy storage solutions for stability.

4. Regional Cooperation: Participate in West African Power Pool (WAPP) initiatives.

5. Private Sector Participation: Encourage PPPs and IPPs.

 

1. Decentralized Power Generation: Explore mini-grids and embedded generation.

2. Electric Vehicle Integration: Prepare for EV adoption and charging infrastructure.

3. Grid Modernization: Upgrade transmission and distribution infrastructure.

4.  Research and Development: Invest in new technologies (e.g., hydrogen fuel cells).

5. Capacity Building: Develop local expertise in power generation and transmission.

 

1. Regulations: Engage with the  Electricity Regulatory Agency.

2. Government Policies: Align with  Government’s power sector reforms.

3. Environmental Considerations: Comply with environmental regulations.

4. Community Engagement: Foster positive relationships with host communities.

5. Investor Confidence: Ensure transparency and stability.

 

1. Investment Attractions: Access funding from local and international investors.

2. Cost Recovery: Ensure tariff stability and revenue assurance.

3. Risk Management: Mitigate operational, financial, and regulatory risks.

4. Public-Private Partnerships: Explore collaborative financing models.

5. Return on Investment: Optimize profitability.