Mozambique: Key role in energy transition, gas reserves worth $100 bln - Deloitte
Image: APUA 58th Annual Meetings are being held in Maputo, Mozambique [ Uganda Electricity Transmission Company - UETCL/Facebook]
The president of Mozambique’s state owned electricity company, Eletricidade de Mozambique (EDM), Marcelino Gildo, said on Monday that Africa needs more investment to take advantage of its energy potential, with a view to an effective transition to clean energies.
“At a time when the world is making remarkable progress in the energy transition process, by replacing fossil fuels with clean and renewable energies, our continent is still at the mercy of more investment in technologies to optimise Africa’s rich, diverse and abundant energy matrix,” said Gildo, during the 58th Annual Meetings of the Association of Power Utilities of Africa (APUA), taking place in Maputo.
The continent must focus on joint solutions to maximise its energy potential, especially from renewable sources, added the EDM president:
“Investment in infrastructure, especially interconnecting transmission lines between neighbouring countries, on the one hand, and a commitment to the energy transition, on the other, are often pointed to as the answer to leveraging energy supply levels, which are so necessary for the industrialisation and modernisation of the African continent.”
Marcelino Gildo added that companies in the sector in Africa have an obligation to trigger accelerated progress in the energy sector on the continent, through the realisation of major projects to provide more quality and affordable energy, with a special focus on clean and renewable sources.
The regional integration of energy hubs is also an essential solution for boosting trade in the energy business, actively contributing to the development of the African economy, he added.
He pointed to the constant and intense occurrence of natural disasters as a major challenge that requires joint strategies to establish more robust and resilient infrastructures.
Marcelino Gildo pointed out that Mozambique is implementing various national electrification projects to achieve the goal of universal access to energy by 2030.
“Since 2020, more than 6.4 million Mozambicans have had electricity for the first time in their lives and families,” he emphasised.
The country, he continued, is making a significant contribution to energy stability and economic development in southern Africa by harnessing its vast energy resources, including hydro, natural gas and renewable sources.
“This effort involves building robust infrastructure, promoting investments and strategic partnerships, as well as strengthening our technical and institutional capacities,” he emphasised.
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