HOW CAN THE ENERGY TRANSITION BE FINANCED WHILE ENSURING GLOBAL ENERGY SECURITY?
HOW CAN THE ENERGY TRANSITION BE FINANCED WHILE ENSURING GLOBAL ENERGY SECURITY?
29 Oct 2024
In a discussion led by Amena Bakr, Senior Research Analyst at Energy Intelligence Group, the focus is on the energy trilemma, exploring how to finance the energy transition while ensuring energy security. The panel includes experts like Dr. Yahya Nuti from PwC, Eric Cantor from Mollison Company, and Yannick John from BNP Paribas. They address the complexity of long-term investments in energy projects, emphasizing the need for de-risking through blended finance and infrastructure development. The conversation highlights Africa's energy challenges, with 600 million people lacking electricity, and the need for sustainable hydrocarbon production. The discussion also touches on the dual industrial revolutions of renewable energy and digital technology, requiring significant capital investment9. Regulatory stability is crucial for attracting investments, and Africa's energy security and transition are discussed, given its low emissions.