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Category: Electricity

IEA Forecasts 35% Increase in Global Electricity Supply by 2025 1 International Electricity 

IEA Forecasts 35% Increase in Global Electricity Supply by 2025

Constance
The International Energy Agency (IEA) projects a 35% increase in global electricity supply by 2025, up from 30% in 2023, according to its latest report published this month. The report indicates a gradual decrease in dependence on coal, which is expected to decline from 36% to 33% during the same period. Titled “Electricity Mid-Year Update,” the report highlights the significant role of solar photovoltaic (PV) and wind power in this energy transformation. Their combined share in the global electricity mix is anticipated to rise from 13% in 2023 to 15%… Read More Here
DRC Faces Energy Deficit, Relies on Imports from Neighbors 2 Mining in DRC Electricity Mining in Zambia 

DRC Faces Energy Deficit, Relies on Imports from Neighbors

Constance
The Democratic Republic of Congo (DRC) relies heavily on electricity imports to support its mining sector and overall economy. During a press briefing organized by the Ministry of Communication and Media on Thursday, Minister of Water Resources and Electricity, Teddy Lwamba Muba, discussed the challenges and potential solutions to address this growing dependency. Dr. Teddy Lwamba Muba, an electromechanical engineer and former Deputy Director General of the National Electricity Company (SNEL), highlighted the stagnation in the country’s electricity production since 1982. “The history of electricity production in the DRC effectively… Read More Here
DRC's Mining Sector Consumes 1,400 MW, Generating $35 Billion GDP 3 Mining in DRC Electricity 

DRC’s Mining Sector Consumes 1,400 MW, Generating $35 Billion GDP

Constance
The Democratic Republic of Congo’s mining sector consumes 1,400 MW of electricity, contributing $35 billion to the country’s GDP. This information was shared by Minister of Hydraulic Resources and Electricity, Teddy Lwamba Muba, during a press briefing on July 18, 2024, alongside Communication and Media Minister Patrick Muyaya. Lwamba highlighted that mining is a significant economic driver, stating, “For every 1 MW produced, approximately $20 million is generated in GDP.” He emphasized the importance of prioritizing energy allocation to the industrial sector to boost production. Lwamba outlined the government’s strategic… Read More Here
Zambia Urges Mining Companies to Double Power-Saving Efforts Amid Severe Drought 4 Mining in Zambia Copper Economy Electricity 

Zambia Urges Mining Companies to Double Power-Saving Efforts Amid Severe Drought

Constance
Zambia has requested mining companies, operating in Africa’s second-largest copper producer, to double their power-saving measures to 40% of their normal demand due to the worst drought in decades impacting hydroelectric power generation. Zesco Ltd., the state-owned power utility, has asked operators to either increase their power curtailments or source emergency power independently starting this month. First Quantum Minerals Ltd., which is responsible for over half of Zambia’s copper output, confirmed this request. Zesco did not respond to a request for comment. First Quantum has managed to cover more than… Read More Here
Maamba Collieries Limited Announces New 300 MW Power Plant Project 5 Mining in Zambia Electricity Hydro power plant 

Maamba Collieries Limited Announces New 300 MW Power Plant Project

Constance
The Board of ZCCM Investments Holding Plc (ZCCM-IH) has announced that Maamba Collieries Limited (MCL) has successfully reached an agreement with its anchor lenders to secure financing for the construction and installation of an additional 300 MW power plant, known as the Phase II Project. MCL has solidified its commitment to this project by signing a 20-year Power Purchase Agreement (PPA) with ZESCO Limited, Zambia’s national electricity utility company. This agreement will ensure the long-term viability and sustainability of the Phase II Project. Maamba Collieries Limited has a rich history,… Read More Here
Zambia Promotes Solar Energy Adoption to Mitigate Electricity Challenges for SMEs 6 Mining in Zambia Electricity Energy Green Energy 

Zambia Promotes Solar Energy Adoption to Mitigate Electricity Challenges for SMEs

Constance
To address the disruptions caused by electricity load shedding, the Zambian government is actively promoting the adoption of solar energy among small and medium-sized enterprises (SMEs). The initiative aims to enable businesses to maintain operations smoothly even during power cuts. Hon. Elias Mubanga, MP, Minister of Small and Medium Enterprise Development, is leading this effort. He emphasized the importance of supporting small businesses through reliable and sustainable energy solutions like solar power. “We want to ensure small businesses can thrive, even in the face of power outages,” Mubanga stated. “Solar… Read More Here
CEC Mining in Zambia Electricity News in Brief 

Copperbelt Energy Corporation to Address Mining Power Shortfall with Imports

Constance
Copperbelt Energy Corporation (CEC) Group Chief Executive Officer Owen Silavwe announced that imported power will start flowing next month to address the significant shortfall in the mining industry, which is estimated to be between 20% and 30%. Zesco has declared a force majeure on the mining sector, retracting 20% of the energy previously supplied to the mines. In response, CEC stated last month that it had signed contracts with the mining companies it serves to supply the power deficit through imports. During the Energy Indaba held last week in Lusaka,… Read More Here
First Cogeneration Plant in DRC Ushers in a New Era of Clean Energy 7 Mining in DRC Electricity Energy 

First Cogeneration Plant in DRC Ushers in a New Era of Clean Energy

Constance
The Democratic Republic of Congo (DRC) has achieved a milestone with the inauguration of its first cogeneration plant, which can produce 140 kilowatts of electricity. The plant was officially opened on Tuesday, June 24, 2024, in Yangambi, located more than 100 km from Kisangani in the Tshopo province. This marks a historic moment for the country. According to information from ACP, this pioneering plant uses biomass to generate electricity. Developed by the International Forestry Research Center (CIFOR), the plant was handed over to the National Institute of Agronomic Research (INERA)… Read More Here
Zambian Govt Aims for 23,000MW Power Generation by 2050 8 Mining in Zambia Electricity News in Brief 

Zambian Govt Aims for 23,000MW Power Generation by 2050

Constance
The government, through the Integrated Resource Plan (IRP), aims to ramp up power generation to 23,000 megawatts (MW) by 2050, requiring an estimated US$31 billion in financing. Minister of Energy, Peter Kapala, announced at the recent Energy Indaba that the IRP, launched last year, is a strategic long-term initiative designed to meet Zambia’s future energy needs. Mr. Kapala highlighted that the plan includes a target to increase power generation to 6,500MW by 2026, with an initial capital requirement of US$5 billion. SOURCE:Zambia Daily Mail Read More Here
Ndola Launches 105MW Electricity Production to Address Zambia’s Power Deficit 9 Mining in Zambia Electricity 

Ndola Launches 105MW Electricity Production to Address Zambia’s Power Deficit

Constance
Ndola, an energy company, has commenced production of 105MW of electricity to help alleviate Zambia’s power deficit. This initiative is part of a series of short- and long-term strategies announced by the government to tackle the challenges of the electricity shortage. During the official launch of the plant’s production, Energy Minister Peter Kapala encouraged private sector investment in the energy sector. He stated, “Independent power producers, also known as IPPs, are welcome to invest in the energy sector. The government has created a conducive environment for private sector participation. The… Read More Here

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