WFES expo to focus on global energy access
Abu Dhabi, December 31, 2012
A special programme and exhibition that focus on finding solutions for universal energy access will be among the highlights of the upcoming World Future Energy Summit (WFES) in Abu Dhabi.
The sixth WFES, from January 15 to 17, hosted by Masdar, Abu Dhabi’s multi-faceted renewable energy company, is the centerpiece of Abu Dhabi Sustainability Week (ADSW) and will be co-located with the inaugural International Water Summit, also hosted by Masdar, at Abu Dhabi National Exhibition Centre.
The International Energy Agency’s World Energy Outlook reports that, in 2011, around half of the 1.3 billion energy-poor populations live in Africa. Additionally, there are 2.7 billion people living without clean cooking facilities; more than 25 per cent of these people reside in Africa.
Providing universal energy access has been the forefront of sustainability discussions, and in January 2012, the United Nations launched their International Year of Sustainable Energy for All program at WFES.
Technological advancements in renewable energy and the rising cost of fuel have made rural electrification projects a financially viable option, according to Ernesto Macias Galan, president of the Alliance of Rural Electrification (ARE), an international, non- profit business association dedicated to the promotion and the development of off-grid renewable energy solutions for rural electrification in developing countries.
Galan, who will be a featured speaker during the “Rural Renewable Energy “ session at the International Renewable Energy Conference (IREC) hosted by WFES 2013, highlights that, with 84 per cent of the world’s energy poor residing in rural and remote areas, the need to find quick and sustainable solutions is imperative for the survival of these communities.
“Off- grid renewable projects are an innovative method to tackle energy poverty that is so prevalent in remote and rural communities,” Galan said.
Galan cited the example of the Monte Trigo solar village as a successful step in overcoming the obstacles posed by energy poverty. In February 2012, the Monte Trigo solar energy plant provided 60 of the 80 households in this Cape Verdean village uninterrupted electricity supply for the very first time.
Situated on the western most tip of Africa, this village depends on fish for food and more importantly, as a source of income through trade with neighbouring island villages.
“Until early this year, producing ice for storing fish was impossible, as Monte Trigo remains unconnected to any main electricity grid. Fishermen would often have to make 10 hour round trips to the nearest main island of Sao Vicente to buy ice. Their need for an energy source to sustain their village was critical,” said Galan.
According to Galan, a Multiuser Solar micro-Grid (MSG) was installed in this village, which is capable of producing approximately 90 kWhr per day—enough to power 60 households.
The Monte Trigo project is one example of how solar energy can bring small but significant changes to rural communities. However, the IEA predicts that a $48 billion investment is required for electrification – 49 per cent of this investment is required for Africa, for communities like Monte Trigo.
The Project and Finance Village, first introduced to WFES in 2011, is making a significant contribution to sourcing finance for renewable energy projects such as the one in Monte Trigo. During WFES2012, up to 27 projects worth over US$5 billion were showcased to investors; however, the number of projects is set to increase significantly at WFES 2013 this January.
“The Project and Finance Village at WFES2013 is responding to the challenges of rural electrification. This year, it has expanded to include 40 projects valued at over $8 billion. Considering that the investment for the Monte Trigo project was just 290,000 euros, the Project and Finance Village has the ability to make powerful strides in overcoming energy poverty,” said Naji El Haddad, WFES 2013 show director.
The World Future Energy Summit will also be the host venue for the prestigious biennial International Renewable Energy Conference in Abu Dhabi (Adirec), running from January 15 to 17. – TradeArabia News Service
More Energy, Oil & Gas Stories
- S Korea to pay Iran $550m under nuke deal
- Qatar LPG exports will stay unchanged till 2018
- $14bn Bahrain energy sector focus for summit
- Iraq now world's fastest-growing oil exporter
- Old IT systems pose risk to oil firms
- Thomson Reuters adds commodity monitoring tool
- Oil below $90 to hit GCC economies
- GlassPoint appoints new Oman director
- Sheffield company opens Dubai hub
- Oman targets big rise in gas output
- Intertek buys UAE firm for $66m
- Qaiwan to tender Baizan refinery EPC contract
- Al Maha wins Oman Air fuel supply deal
- Iran to become top gas importer by 2025
- UAE hydrocarbon projects seen hitting $11bn
- Summit focus on occupational safety
- Aramco names new senior VP
- Siemens gets $253m Qatar power contract
- Taqa-led group's India deal worth $1.6bn
- Taqa-led group to buy India power plants
- Iraq oil exports hit record 2.8m bpd
- Korean refiners eye more Iraq crude
- Dana starts Egypt gas plant upgrade
- Opec oil production hits new high in Feb
- Taqa-led group to buy Indian hydropower plants
- Schneider gets energy management certification
- Morocco moves ahead with $1.7bn wind farms
- Iraq approves power plant investments
- 670,000 oil & gas wells ‘need to be drilled’
- Qatar bourse celebrates Mesaieed listing