Energy market

In Sub-Saharan Africa, there are huge opportunities for countries to trade renewable energy, enabled by interconnected power systems. While importing energy from another country or region might be seen as a risk (as being experienced in Europe, where countries are trying to reduce their dependence on Russia’s oil and gas following Russia’s invasion of Ukraine) – trading electricity generated from renewable energy resources across borders can actually help to meet energy demands, bolster security of supply, and assist the transition to clean energy. Simon Trace, programme director of the Energy and Economic Growth (EEG) research programme, funded by the UK’s Foreign, Commonwealth & Development Office (FCDO), explains more.