Alparslan Bayraktar, Türkiye’s Energy Minister, has announced that Türkiye and the World Bank have begun talks for $6 billion in financing to upgrade the country’s electricity transmission system.
During the G20 Africa Energy Investment Forum, African leaders stated that Africa’s path to future-ready energy systems depended on leveraging both fossil fuels and renewables.
Iraqi Prime Minister Mohammed Shia al-Sudani has announced a 20-year plan to increase electricity capacity by 57 GW through agreements reached with Siemens and GE, as well as the increased use of renewable energy.
The Nigerian Independent System Operator (NISO) and the West African Power Pool Information and Coordination Centre (WAPP-ICC) have announced the completion of a synchronisation test between the Nigerian power grid, which includes Niger Republic and parts of Benin and Togo, and the rest of the West African power grid.
The Philippine Department of Energy (DOE) has proposed a new policy to allow power generation companies to finance and construct transmission infrastructure to accelerate the completion and delivery of power projects in the country.
Nigeria is in advanced negotiations with the Export-Import Bank of China (EximBank) for a €2 billion loan to finance construction of a new transmission network.
According to a report, The Future of Electricity in the Middle East and North Africa, by the International Energy Agency (IEA), electricity consumption in the Middle East and North Africa (MENA) has tripled since 2000 and is predicted to rise by an extra 50 per cent by 2035.
Caribbean Transmission Development Company (CTDC) and Siemens Energy will collaborate on the Hostos Interconnection Project, which includes a submarine interconnection between Puerto Rico and the Dominican Republic.
Qatar has announced that it will expand its supply of power in Syria by the Qatari development fund paying for deliveries of gas from Azerbaijan through Turkiye.
A large electricity outage struck parts of the Czech Republic on 4 July. The blackout affected large sections of Prague and several regions.