Financing energy communities in Africa

Michael Addaney, Felix Agbatey and Paul Adjei Kwakwa

Chapter 62 in Elgar Encyclopedia of Energy Economics, 2025, pp 233-239 from Edward Elgar Publishing

Abstract: Africa has a low rate of access to clean cooking and electrification technologies with only 46 percent of the population having access. Energy communities involve the economic and operational participation and ownership by citizens of a defined community such as a village or city in the renewable system by generating and distributing electricity regardless of the size and scope. This entry argues that energy communities can play significant role in addressing challenges that undermine energy and power systems such as losses, grid congestion, and the growing peak demand in Africa. It however notes that improving the prospect of renewable energy communities requires a rethink of how these communities are being formed and governed financed.

Keywords: Africa; Energy communities; Renewable energy communities; Energy poverty; Financing models (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035310364
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