Why Cape Verde May Reach Its Goal Of 100% Renewable Energy By 2025
Cape Verde, the small island archipelago nation off Africa’s northwest coast, has set itself a very renewable energy target. As part of ‘sustainable energy for all’ agenda, it has pledged to obtain 100 percent of its electricity from renewable resources by 2025.
Cape Verde is made up of 10 islands, nine of which are inhabited, that lie about 600km west of Senegal. of the islands’ 550,000 residents have access to electricity, but about one-third still rely on firewood and charcoal for cooking. Cape Verde’s per capita electricity consumption of 727 kWh per person per year is substantially higher than the sub-Saharan Africa average of . But electricity prices are high. They range from in recent years compared, for example, to an average of for residential homes in the US.
Although most of its electricity is produced by generators, which run on imported petroleum products, Cape Verde has started to diversify its energy portfolio. A quarter is now provided by . This is good news because there are that, between 2015 and 2020, Cape Verde will almost double its annual electricity consumption to 670 GWh, up from 360 GWh.
With cutting-edge technologies and innovative business practices, Cape Verde can achieve its 100% renewable energy goal in a way that is cost-effective and equitable. suggested that a system based on solar, wind and energy storage (as batteries and pumped hydropower) could meet Cape Verde’s goals. It certainly has a wide range of options for increasing its share of renewable energy to achieve this.
Read more at Menafn.
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