My most recent piece on why gas should power Africa’s Post-COVID growth:
theafricareport.com/39505/gas-shou…
1/5. Facilitating broad-based economic growth for W. African countries to achieve upper middle-income status has become even more difficult of a challenge after #COVID
2/5. Access to affordable and reliable #energy is critical to the region’s development, and its abundant #naturalgas resources should underpin its energy system.
W. Africa cannot achieve high economic growth rates by framing energy policy around household energy.
3/5. While energy access an important #SDG7 metric, it offers little insight into the energy intensity required to achieve economic growth and #poverty alleviation.
The goal of policymakers must be to fundamentally transform living standards, not just alleviate poverty.
4/5. On a levelized cost basis, energy from combined-cycle natural gas turbines is more affordable than #diesel and #solar technologies when factoring in the cost of storage.
Source: lazard.com/perspective/lc…
5/5 In West Africa, natural gas, alongside #renewables, offers a credible path to achieving higher living standards for generations.
CC: @toddjmoss @energyforgrowth @AubreyHruby @TheAfricaReport @atrembath @gyude_moore @EliotPence @AfricaAnalyst
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