See also:
» 10.12.2010 - Djibouti sees Eritrea President as "lunatic"
» 01.12.2010 - Djibouti cleared Blackwater to kill pirates
» 11.11.2009 - Djibouti forcibly repatriates Somali asylum seekers
» 30.01.2009 - Regional cooperation key to uprooting Somali piracy
» 11.07.2008 - Eritrea debunks overstepping in Djibouti
» 01.07.2008 - AU condemns Eritrea military attack on Djibouti
» 27.06.2008 - AU commission investigations on Djibouti-Eritrea clashes
» 17.06.2008 - Eritrea shuns border dialogue











China wholesale online through DHgate.com


Finn autentiske matoppskrifter fra hele verden på Verdensmat.no:
Gazpacho Børek Kartoffelsalat Taboulé Gulasj Albóndigas Cevapi Rougaille Japrak sarma Zwiebelbrot Klopse Giouvetsi Paella Pljeskavica Pica pau Pulpo a la gallega Flammkuchen Langosj Tapenade Chatsjapuri Pasulj Lassi Kartoffelpuffer Tortilla Raznjici Knödel Lentejas Bœuf bourguignon Korianderchutney Brenneslesuppe Proia Sæbsi kavurma Sardinske calamares


Autentiske matoppskrifter fra hele verden finner du på Verdensmat.no:
Réunion Portugal Aserbajdsjan Serbia Tyskland Seychellene Bosnia Spania Libanon Belgia India Kroatia Hellas Italia Ungarn Komorene Georgia Mauritius Østerrike Romania Frankrike


Djibouti
Politics | Economy - Development

Djibouti desperate for energy investors

Djibouti's Lac Assal is the saltiest lake in the world, located at Africa's lowest point

© Fishercd/GNU/afrol News
afrol News, 19 January
- With power consumption steadily rising, also through new businesses opening in Djibouti, electricity production remains erratic and causes increased outages. Government desperately seeks investors, new documentation reveals.

In a US Embassy cable from June 2009, recently published through Wikileaks, the Ambassador notes large investment possibilities for US companies in the small African Horn country. Several Djibouti officials, including Minister of Energy Moussa Bouh Odowa, had called for foreign assistance to invest in electricity production.

Djibouti was struggling with "a widening gap between electricity demand from consumers, and a constrained supply of expensive, diesel-generated electricity provided by the national electricity company," it was noted. Government realised it needed improved supplies of lower-cost energy to maintain economic momentum and meet the basic needs of ordinary Djiboutians.

Djibouti's parastatal electricity monopoly Electricity of Djibouti (EDD) in 2009 officially had an installed capacity of 100 megawatts, but the company's "realistic production capacity is much lower - closer to 47 MW," the Ministry of Energy admitted.

The EDD was seen as capable of sustaining a short-term "surge" in production to 60-70 MW, but not for prolonged periods. Summertime demand - when Djibouti's hot season leads to greater air conditioner use - was in 2009 set at 87 MW, leaving a significant gap between production and consumption needs. Furthermore, already for 2010, the Ministry projected that Djibouti's energy needs would reach 125 MW or even higher, as the country was attracting large-scale foreign direct investment projects.

Meanwhile, Djiboutians were experiencing more and more frequent power outages. The worst situation was experienced in May 2009, when Djibouti City experienced multiple, prolonged power cuts of up to 9 hours a day.

During the last y

Djibouti Energy Minister Moussa Bouh Odowa

© Hydrocrabon DCPL/afrol News
ears, Djiboutian authorities had tried to attract investors to its considerable renewable energy resources, focusing on geothermal, wind and solar energy projects. But Djibouti lacked both knowledge and capital to develop these resources.

In particular, a planned 50-100 MW Djibouti-Iceland geothermal plant at Lac Assal was frustrating government. Not only did Minister Bouh Odowa distrust the Icelandic investors following the financial crisis, he revealed to the US Ambassador, but the Icelanders were also acting in an undiplomatic way, with "errors of protocol and communication."

The Djiboutian Minister said he was not as confident that Iceland had the full US$ 25-30 million available to fund the Lac Assal project feasibility phase. The Icelanders had agreed to cover 35 percent of the Djibouti project's exploration costs, which would lead to the largest-ever energy project in the country.

Minister Bouh Odowa revealed that he would be very interested in getting further investors than the Icelanders into the project - and other renewable energy projects - to make sure Djibouti could increase its energy production quickly. He would even offer a higher Djiboutian government participation in such investments.

Meanwhile, the Icelanders a few months after the US report managed to produce the awaited feasibility report, including the expensive deep wells drilled in the Lac Assal region. The report had a generally positive evaluation of the geothermal power project.

But little else has been done to increase Djibouti's energy production since the 2009 report. Djibouti still desperately looks for new investors into its large energy production potential.


- Create an e-mail alert for Djibouti news
- Create an e-mail alert for Politics news
- Create an e-mail alert for Economy - Development news


 
    Printable version


On the Afrol News front page now

Rwanda
Rwanda succeeds including citizens in formal financial sector

afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.

Famine warning: "South Sudan is imploding"

afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
Guinea
Panic in West Africa after Ebola outbreak in Guinea

afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
Ethiopia
Ethiopia tightens its already strict anti-gay laws

afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
Ethiopia
Ethiopia plans Africa's biggest dam

afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.



front page | news | countries | archive | currencies | news alerts login | about afrol News | contact | advertise | español 

©  afrol News. Reproducing or buying afrol News' articles.

   You can contact us at mail@afrol.com