58
M. Irowarisima
Therefore, technological advancements in the sector have finally
presented new ways of managing electricity distribution systems that will
boost distributed energy resource such as rooftop and communal solar
photovoltaic panels and battery systems. For an industry that is yet to get
its feet, any policy reform should be geared towards encouraging more
people getting access to energy and not the other way around.
In sum, attaining the vision for the region’s energy gap in the energy
space will require policies that incentivize renewable energy deployment
and discourage new fossil fuel development, innovative financing mechanisms that allow decentralized solutions to thrive and be integrated
into future grid expansion, an enabling framework that attract private
investors to the region’s energy sector road map and builds human
capacity by empowering local entrepreneurs, policies that incentivize and
encourage decentralized renewable energy generation through private
involvement system that will enable 100% access to affordable and reliable electricity in line with the sustainable development goal agenda
number seven, improved organizational procedures and sector management that encourage operational power pools powered by interregional
transmission lines, allowing power-sharing and reduced costs through the
establishment of power pool fund account, and electricity supply strategies that prioritize diversity of resources such as dispatchable renewables
and storage, negate the need for fossil fuels, and ensure supply security.
2.4 Areas of Regional Cooperative Role
in Tackling the Energy Challenge
Energy transformation in any country requires huge collaborative
strategic efforts, which range from policy formulation, sourcing for
sustainable energy sources to sourcing for capital for the deployment
of massive power plants—owing to the fact that no one nation has all
fuel sources to meet the increasing demand on one hand. On the other
hand, there is also the challenge of getting all end-users connected to the
limited centralized energy grid in the region. Some countries’ geographical placement makes it quite challenging in terms of costs in installing
M. Irowarisima
Therefore, technological advancements in the sector have finally
presented new ways of managing electricity distribution systems that will
boost distributed energy resource such as rooftop and communal solar
photovoltaic panels and battery systems. For an industry that is yet to get
its feet, any policy reform should be geared towards encouraging more
people getting access to energy and not the other way around.
In sum, attaining the vision for the region’s energy gap in the energy
space will require policies that incentivize renewable energy deployment
and discourage new fossil fuel development, innovative financing mechanisms that allow decentralized solutions to thrive and be integrated
into future grid expansion, an enabling framework that attract private
investors to the region’s energy sector road map and builds human
capacity by empowering local entrepreneurs, policies that incentivize and
encourage decentralized renewable energy generation through private
involvement system that will enable 100% access to affordable and reliable electricity in line with the sustainable development goal agenda
number seven, improved organizational procedures and sector management that encourage operational power pools powered by interregional
transmission lines, allowing power-sharing and reduced costs through the
establishment of power pool fund account, and electricity supply strategies that prioritize diversity of resources such as dispatchable renewables
and storage, negate the need for fossil fuels, and ensure supply security.
2.4 Areas of Regional Cooperative Role
in Tackling the Energy Challenge
Energy transformation in any country requires huge collaborative
strategic efforts, which range from policy formulation, sourcing for
sustainable energy sources to sourcing for capital for the deployment
of massive power plants—owing to the fact that no one nation has all
fuel sources to meet the increasing demand on one hand. On the other
hand, there is also the challenge of getting all end-users connected to the
limited centralized energy grid in the region. Some countries’ geographical placement makes it quite challenging in terms of costs in installing