Microgrids could capture an increasing share of the $740 million sub-Saharan off-grid market, according to a report released by Rocky Mountain Institute today. The study found that cost reduction and service improvements, supported by coordinated financing from development agencies and clear off-grid plans from African governments, could enable microgrids to reach up to 31 million people who are without electricity access but with the means to pay. “The mini-grid market has the potential […]
Part 1 of this post addressed the issue of global energy poverty in rural areas: its implications, challenges, and promising developments in African nations and in India. Part 2 addresses off-grid problems in Haiti, potential microgrid solutions in Alaska, and the population-empowering “Minigrid Game.” Haiti struggles with extreme energy poverty Haiti is the poorest nation in the Western Hemisphere. Seventy-five percent of Haitians lack electricity access and must cook and light their homes with […]
More than 1.2 billion people worldwide lack basic access to electricity. According to the International Energy Agency (IEA), 95% of these people are in Sub-Saharan Africa and developing Asia, and 80% are the rural poor. Providing reliable, resilient clean energy to the world’s often remote, off-grid rural communities gives these communities the power (in both senses of the word) to run businesses, create new economic opportunities, and ultimately improve health and sanitation while increasing […]
Clusters of gas-fired turbines, big dams, and geothermal projects in Sub-Saharan Africa tend to have very complex financing structures. In addition, they also often involve complex debt/equity structures from local banks. Microgrids, however, are within the reach of much smaller organizations.