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Fostering a sustainable coal value chain: world coal association joins african energy week (aew) 2023 as partner

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Fostering a sustainable coal value chain: world coal association joins african energy week (aew) 2023 as partner

Posted on : 12-09-2023 | Author : APO AFRICA

Photo by Ventures Africa

Africa possesses substantial coal reserves, estimated at 16.4 billion short tons, which have historically played a vital role in providing consistent power to the continent's grid and supplying global coal plants. As energy security gains prominence worldwide, African nations endowed with coal resources are actively pursuing best practices to optimize resource extraction and utilization. This aligns with the goal of accelerating sustainable development and addressing global energy demands. Organizations like the World Coal Association are pivotal in advancing this agenda and will be instrumental in promoting sustainable coal development in the long term.

The African Energy Chamber (AEC), representing the voice of the African energy sector, is delighted to announce the partnership with the World Coal Association for the African Energy Week (AEW) 2023 conference. AEW is Africa's premier energy sector event, scheduled for October 16–20 in Cape Town. The World Coal Association is committed to advocating for the adoption of clean coal technologies to drive sustainable economic growth. During the conference, the organization will facilitate discussions on the role of coal in addressing energy poverty in Africa.

Amid the ongoing global debate on the future of coal, the World Coal Association is actively shaping discussions and initiatives to revitalize the global coal value chain through innovative approaches. By promoting investments in coal mining and clean coal technologies, the organization contributes significantly to ensuring the sustainable development of economies worldwide. These efforts are aligned with global energy security and environmental goals.

Despite calls from various stakeholders for a transition away from coal toward cleaner energy sources, coal remains a crucial energy source in Africa. Currently, 600 million people on the continent lack access to electricity. Africa's coal reserves hold the potential to enhance electrification and development. African coal-producing nations, including South Africa, Mozambique, Zimbabwe, Nigeria, Tanzania, and Swaziland, continue to face significant electricity shortages primarily due to insufficient investment. This underscores the urgent need for increased capital expenditure in the coal industry, both for domestic consumption and exports.

Recognizing coal's integral role in sustainable development, African nations are actively advancing their coal industries to reap associated benefits. For instance, South Africa is modernizing its coal-fired power plants to enhance energy security. Botswana plans to construct a $2.5 billion coal-to-liquids facility to reduce dependence on imported petroleum products. Senegal has reactivated its 125 MW Sendou power plant, and Zimbabwe has expanded its coal exports, contributing to revenue growth and meeting global demand.

In addition to energy security, effective utilization of these resources can lead to job creation, capacity building, and technology transfer across the entire coal value chain, including mining, storage, and transportation. The coal industry presents a significant opportunity for Africa to increase export revenues, which can be strategically reinvested in vital sectors such as infrastructure development. Organizations like the World Coal Association are poised to stimulate industry development by promoting the benefits of coal for Africa.

NJ Ayuk, the Executive Chairman of the AEC, commended the World Coal Association for its commitment to fostering global dialogue on the critical importance of coal in driving sustainable development and facilitating the transition to a low-emissions future.

AEW 2023 will feature prominent representatives from the World Coal Association during exclusive networking sessions, showcasing cutting-edge innovative and clean coal technologies and projects. These initiatives actively contribute to Africa's energy renaissance, address energy poverty, enhance access to reliable and cost-effective energy, and drive industrialization across the continent.