Africa GreenCo and the Independent Off-Taker Model: Beyond ‘Single-Buyer’ Power Markets and Uncreditworthy Utilities

Main author: Sam, Joel
Format: Conference or Workshop Items           
Online access: Click here to view record


Summary: Africa GreenCo is challenging the existing model of how new private-sector-funded grid-scale power is brought online. By introducing the first non-government-owned buyer of renewable energy in sub-Saharan Africa—a region with few creditworthy public utilities—GreenCo will act as a bankable counterparty for independent power producers. The company aims to catalyse private investment and boost the growth of additional clean generation capacity in support of climate change mitigation, adaptation, and energy access. The paper reviews modelled investment- and climate resilience impacts.
Language: English
Published: MDPI 2022