Africa seeks to secure energy through Geothermal energy as it struggles with Power outages and unreliable Hydropower, impacting economies like Nigerias with huge losses.
- Nigeria faces an estimated $26 billion annual loss due to Power outages, while businesses spend about $22 billion on off-grid diesel generators to mitigate energy shortages.
- Countries like Ethiopia and Uganda experience frequent blackouts as droughts diminish their reliance on Hydropower, highlighting the urgent need for alternative energy sources.
- Geothermal power offers a promising solution, particularly in Kenya, where Reservoir development could harness underground heat for sustainable Renewable energy generation.
Why It Matters
Addressing energy security through Geothermal energy is crucial for Africas economic stability and growth. Sustainable energy sources can reduce reliance on fossil fuels and enhance resilience against climate-related disruptions.