Africa Energy Forum
Transcription
Africa Energy Forum
Africa Energy Forum Paris Palais des Congrès 14 to 16 June 2011 Bringing Power to Africa Electrifying Africa’s Future Salvador Namburete Vincent Karega Ibrahim Saleh Minister of Energy, Mozambique Minister of Infrastructure, Rwanda Energy Advisor to the Finance Minister, Egypt Kweku Andoh Awotwi Charles Darku Edward Njoroge CEO,Volta River Authority, Ghana CEO, GRIDCo, Ghana CEO, Kenya Electricity Generating Company Half of the world's 10 fastest growing economies in 2011 are expected to be in Africa. AEF 2011 invites experts to discuss how Africa’s emerging markets will meet the increased demand for power. www.energynet.co.uk Investing in Africa’s Future Forum Sponsor Robin James Business Development Director – Southern Africa Aggreko International Tel +971 48086200 Fax + 971 48834145 Christophe Jacquin Managing Director – North and West Africa Tel:+ 33 1 60 15 81 15 Fax:+33 1 60 16 53 55 [email protected] www.aggreko.com/africa Aggreko is the world leader in the supply of temporary power rentals and has been active in Africa for over ten years. Currently, Aggreko is operating large-scale power projects in countries such as Kenya, Ethiopia, Gabon, Uganda and Angola. With 144 world-wide locations, including a recently-opened depot in South Africa, Aggreko provides 24/7 customer support for single to multi-megawatt projects for a variety of industries. Aggreko manages the world’s most extensive fleet of containerised generators, loadbanks, transformers and ancillary equipment, allowing for rapid mobilisation to respond to our customers’ planned or emergency power needs. Africa Energy Summit Sponsor AES Corporation USA Tel +1 703 522 1315 AES APCO Cameroon Tel +237 3342 4766 AfricaPOWER Sponsor Joseph Tato / +12122598068 [email protected] Scott Brodsky / +27119119114303 [email protected] Olivier Chambord / +33153936758 [email protected] Ben Donovan / +442074595064 [email protected] Caterpillar Electric Power: Power Generation Solutions from a Single Source Provider Caterpillar and the worldwide Cat® dealer network are committed to supplying you with the electric power systems you need. Cat Electric Power, a single source provider of diesel and natural gas fueled generator sets, automatic transfer switches (ATS), uninterruptible power supply (UPS) and Switchgear – are engineered to work together. Caterpillar offers worldwide product support, with parts and service available globally through the Caterpillar service and dealer network. In addition, Cat dealer service technicians are trained to service every aspect of Cat equipment. For more than 80 years, Caterpillar Inc. has been making progress possible and driving positive and sustainable change on every continent. With 2008 sales and revenues of $51.324 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. For more information on Cat generator sets and continuous power systems, or to find the local Cat dealer nearest you, please email [email protected] or visit the website at www.cat-electricpower.com Afrique Electrique Sponsor Jean-Pierre Barral 151 rue Saint-Honoré 75001 Paris, France [email protected] (with _ before INFRAPRO) Tel: +33 1 53 44 34 85 A member of the French Development Agency (AFD) group, PROPARCO is dedicated to financing private sector projects in emerging and developing countries, with a special focus on Africa. PROPARCO is unique among Development Finance Institutions for its focus on Infrastructure and Africa. PROPARCO offers equity as well as debt financing and is a leading financier of renewable energy projects. PROPARCO covers the whole continent through an international network of seven regional offices and, in 2009, its commitments in Sub-Saharan Africa amounted more than 400 million EURO. www.absacapital.com Absa Capital, a leading investment bank in sub-Saharan Africa affiliated to Barclays Capital, recognizes the vital role Power and Energy plays as a catalyst to investment, industrial development and economic growth. Our combined knowledge and extensive experience in successfully executing transactions in most subSaharan African countries enables us to deliver on our mandates and meet the demanding expectations of all our stakeholders. AfricaPOWER Sponsor Jonathan Tripp [email protected] Tel: +33 1 41 49 21 99 www.alstom.com Alstom is a global leader in the world of power generation, power transmission and rail infrastructure and sets the benchmark for innovative and environmentally friendly technologies. Alstom builds the fastest train and the highest capacity automated metro in the world, provides turnkey integrated power plant solutions and associated services for a wide variety of energy sources, including hydro, nuclear, gas, coal and wind, and it offers a wide range of solutions for power transmission, with a focus on smart grids. The Group employs 96,500 people in more than 70 countries, and had sales of over 23 billion* in 2009/10. *Proforma figures Website Sponsor Eric Maxwell [email protected] Tel +1 204 480 5585 www.mhi.mb.ca Manitoba Hydro International Ltd. (MHI) assists power utilities, governments, and private sector clients worldwide to deliver electricity efficiently, effectively and in a sustainable manner. As a wholly-owned subsidiary of one of the largest and oldest electric power utilities in Canada, MHI has provided utility infrastructure management, consulting and training services to over 60 countries worldwide. MHI has established itself as an ethical, environmentally responsible provider of high quality utility services to the international power sector for the past 25 years. AfricaPOWER Sponsor Globeleq Ltd 2 More London Riverside London / SE1 2JT / UK Tel +44 20 7234 5400 Fax +44 20 7234 5486 [email protected] Lunch Sponsor Arnaud Gouet [email protected] www.globeleq.com www.wartsila.com Globeleq is solely focused on safely providing reliable power to the emerging markets of Africa, the Americas, and Asia. Since the company's launch in 2002, it has become an active participant in the emerging markets power sector and is uniquely positioned to continue its growth in these regions. Supported by a committed shareholder and a team of dedicated professionals experienced in the operation and development of the emerging markets power sector, Globeleq continues to actively pursue further acquisitions and new project development. Wärtsilä is a leading supplier of power plants for the decentralized power generation market and for the oil & gas industry. Our product portfolio consists of power plants, solutions for oil & gas industry and related support services. We deliver more than 2000 MW of dependable power plants every year. Utilities and Independent power producers use our 1…300 MW power plants to generate power to the grids in the developing world, on islands and in remote areas. These plants are flexible to follow the actual load and produce the necessary electricity. Due to very high simple cycle efficiency on part and full load, they can provide very competitive power regulation and spinning reserve services to large grids, which both require operation on partial load. These very same plants can be used for peaking services during peak electricity demand hours. Due to the high efficiencies and consequential low generation costs, our power plants create more revenues for its operators. The main fuel can be gas, LFO, HFO or a multi-fuel combination of these. Lanyard Sponsor Anand Naidoo Tel +27 11 895 6895 [email protected] Omar Vajeth Tel +27 11 895 923 [email protected] www.nortonrose.com Norton Rose Group is a leading international legal practice. We are deeply committed to Africa having been active in the region for the past 30 years. With leading South African law firm Deneys Reitz joining the Norton Rose Group on 1 June 2011, we will strengthen our capabilities in Africa and will build on our top tier status in the only two Africa wide categories in Chambers Global 2010 - Corporate/Commercial and Projects & Energy. The enlarged Group will have over 38 offices, including in Johannesburg, Durban and Cape Town. www.proparco.fr www.dl.com Dewey & LeBoeuf is one of the most active law firms in the continent of Africa and has been recognized as “Africa Law Firm of the Year” at the Chambers Global Awards. We have had an extensive Africa practice for more than a decade and we are one of the few international law firms with an office in Africa. We are committed to working with our clients in Africa for the long term and our office in Johannesburg is a symbol of that commitment. Working in over 40 African countries, our Africa Practice Group advises on significant projects, mergers and acquisitions, financings and disputes, particularly in the power generation (including renewables), oil and gas (including LNG and pipelines), mining and infrastructure sectors. Our practice includes more than 50 lawyers practicing in offices around the world. We offer global expertise with on the ground experience. Rachel Dawes Tel +44 20 7444 3162 [email protected] www.cat-electricpower.com www.aes.com The AES Corporation (NYSE: AES) is a Fortune 500 global power company with generation and distribution businesses. Through our diverse portfolio of thermal and renewable fuel sources, we safely provide affordable and sustainable energy in 29 countries. Our workforce of 25,000 people is committed to operational excellence and meeting the world's changing power needs. Our 2008 revenues were $16 billion and we own and manage $35 billion in total assets. AES has been investing in Africa since 2001. The AES Africa Power Company (APCO) is the dedicated organization to develop, acquire and operate assets throughout the region. Lead Sponsors Lead Sponsors Lunch Sponsor London Tel +44 2078081500 Johannesburg Tel +27 117752000 New York Tel +1 2126261400 www.fpcg.com Fieldstone is a leading transaction and financial advisor in the power sector in Africa. After entering the African market in 1996 with the formation of the Johannesburg office, Fieldstone became involved in a number of major power transactions in Africa, capitalising on Fieldstone's worldwide reputation and recognition in the electric power industry. Drawing on the broader global experience of the firm, Fieldstone's work in Africa has expanded to include gas, waste management, airports, pipelines, roads, renewable energy and biofuels, as part of its growing portfolio in energy and infrastructure. Powering Africa’s Development Conference Book Sponsor Delegate Book Sponsor Tel: +49 761 2141080 Fax: +49 761 21410829 [email protected] Stéphane Brabant Partner, Global Head of Africa practice Tel +33 1 53 57 78 32 [email protected] www.herbertsmith.com Herbert Smith LLP is a leading international law firm with a network of offices across Europe, Asia and the Middle East. Alongside our outstanding reputation in dispute resolution and corporate, we have leading practices in finance, real estate, competition and employment, pensions and incentives. We are also acknowledged as leaders in a number of industry sectors, including in particular energy and natural resources. The breadth of our practice, our technical and commercial expertise and the consistently high quality of our broader service are all factors cited by our clients when they choose Herbert Smith to advise them on their most complex disputes, transactions and projects. www.soitec.com Soitec S.A. is a leading provider of high efficiency Concentrated Photovoltaic (CPV) systems, services, and targeting utility-scale solar power plants. The technology is designed for areas of high irradiation and has a low heat degradation coefficient, making it the best solution for large power plants in desert regions. In September 2010, a 60 kilowatts (kW) facility in Touwsrivier, Western Cape, was inaugurated. Also, Soitec is actively pursuing a project development of a 50 megawatts (MW) utility-scale power plant in the Western Cape. The company has been present in South Africa since 2008. Africa Renewable Energy Sponsor AfricaHYDRO Sponsor Michel Berd Director Infrastructures & Energy [email protected] Tel: +33 1 41 27 95 95 www.sofreco.com Sofreco an independent French consulting company, has implemented 1400 projects across the world, especially in SubSaharan Africa. In energy, and specifically power, its competence covers energy policy, energy planning, institutional and legal matters, project development and PPP, assistance to national utilities, environmental and social impact assessments, economic and financial studies. Coffee Sponsor Tim Scales [email protected] Tel +33 1 40 06 53 76 Fax +33 1 40 06 54 54 www.allenovery.com Allen & Overy LLP advises sponsors, lenders and governments on the structuring, development and financing of energy projects throughout Africa. With full service, multi-lingual teams operating out of Paris, London, Dubai, New York and other key centres, our integrated international projects group is a partner at the forefront of new developments in this exciting market. Neil Upton Tel +44 2033498734 [email protected] www.gtmlaw.com Greenberg Traurig Maher LLP provides business-focused advice and legal services to UK and multinational clients spanning an array of industries. The firm’s Energy and Natural Resources Group draws on its multidisciplinary expertise to advise energy companies, utilities, project developers, investors, regulators, governments, and other energy industry participants. Our wealth of experience in the energy sector and extensive capability in transaction, regulation, and litigation, strongly positions us to provide the international energy and natural-resource markets with expert legal advice. Greenberg Traurig Maher's energy specialists advise governments, sponsors, lenders and consortia on all aspects of the energy business in markets across the globe, including most African countries. We provide expert advice on development, construction, operation and financing for a wide range of projects, including renewables, upstream and downstream oil & gas, liquefied natural gas (LNG), petrochemicals, coal and nuclear distribution, transmission, and energy retailing. Programme Sponsor www.siemens.com/energy Siemens is a global powerhouse in electronics and electrical engineering, holding leading market positions in all its business areas. Siemens stands for technical achievements, innovation, quality, reliability and internationality – for more than 160 years. The Siemens Energy Sector is the world’s leading supplier of a wide range of products, solutions and services for power generation, transmission and distribution as well as for the production, conversion and transport of the primary fuels oil and gas. It is the world`s only fully integrated provider with comprehensive knowhow encompassing the entire energy conversion chain and, in particular, plant-to-grid connections. The worldwide team of the Energy Sector consists of more than 85,000 employees – engineers, technicians and other specialists in nearly 190 countries. Whatever the power generation needs are, Siemens responds with its global network of alliances and contacts, offers project administration, project financing, sophisticated technology and service solutions, and a wealth of experience. Badge Sponsor Bernhard van Meeteren [email protected] [email protected] Tel + 31 70 314 9665 Fax + 31 70 314 9753 www.fmo.nl The Netherlands Development Finance Company (FMO) is the international development bank of the Netherlands. FMO invests risk capital in companies and financial institutions in developing countries. With an investment portfolio of over EUR 5,0 billion at year-end 2010, FMO is one of the largest bilateral private sector development banks worldwide. FMO's mission: to create flourishing enterprises, which can serve as engines of sustainable growth in their countries. FMO offers a full range of financial instruments for the benefit of private companies and financial institutions in developing economies. FMO focuses on three sectors: finance, housing and energy (generation, transmission and distribution) with a further focus on renewable energy and projects in Least Developed Countries. Africa is the largest region in FMO’s portfolio. Organisations who attended AEF 2010 Belgium • Bio • European Commission: DG for Development • European Commission: EuropeAid • PANGEA - Partners for Euro-African Green Energy • Siemens • Benin • Federal Presidency of the Yorouba Kings • Botswana • G4 Consulting Engineers • Brazil • Vale SA • Burundi • Energie des Grands Lacs (EGL) • Canada • Canadian Gas Services International Ltd • Energy Consultants International Inc • Manitoba Hydro International Ltd • Cyprus • Holborn European Marketing Co Ltd • Democratic Republic of the Congo • Société Nationale d’Electricité (SNEL) • Denmark • Burmeister & Wain Scandinavian Contractors (BWSC) • Semco Maritime • Egypt • GL Noble Denton • Mantrac • Finland • FINNFUND • France • 4D Global Energy Advisors • AFD • Africa Energy Intelligence • Aggreko International • Allen & Overy LLP • Alstom • AREVA NP • AREVA T&D • Clifford Chance Europe LLP • Dewey & LeBoeuf LLP • EDF • EDF - Centre d’Ingénierie Hydraulique • ETDE • GE Energy • GE Energy - Aero • Gemco International • Hogan Lovells • La Compagnie Du Vent (GDF Suez Group) • Multilateral Investment Guarantee Agency/MIGA • Omicron • Philia Consulting • Proparco • SAP France • Sofreco • Tractebel Engineering / Coyne et Bellier • Vergnet SA • Vestas • Wärtsilä France • Gabon • Ministry of Energy & Water Resources • Germany • DEG GmbH • Fichtner GmbH & Co KG • First Climate (Switzerland) AG • German African Business Association/Afrika-Verein • Germanischer LLoyd AG • Hitachi Power Europe GmbH • Lahmeyer International GmbH • Siemens AG • Siemens Energy Oil & Gas Division • SMA Solar Technology AG • South African Consulate-General: Munich • West LB AG • WKN Windkraft Nord AG • Ghana • Committee on Mines & Energy • Ghana Grid Company Ltd (GRIDco) • Ministry of Justice • Newmont Ghana Gold Ltd • Iran • Iran Transfo Commercial Company (P.J.S) • MAPNA Group • Kenya • Anjarwalla & Khanna Advocates /Africa Legal Network • AREVA T&D • ENCOMM • Energy Regulatory Commission • Gamma Delta Eastern Africa Limited • Hydel Engineering & Construction Limited • Indra Ltd • Industrial Promotion Services (K) ltd / IPS • Kenya Electricity Generating Company (KenGen) • Kenya Power & Lighting Company (KPLC) • TransCentury • Lesotho • Lesotho Electricity Authority • Luxembourg • European Investment Bank • Malawi • Electricity Supply Corporation of Malawi (ESCOM) • Mozambique • CNELEC (Electricity Regulator) • Electricidade de Moçambique E.P. • Engco Eléctrica Lda • Ministry of Energy • Moçambique Diesel Electrica LDA • Vale SA • Namibia • NamPower • Netherlands • FMO - Netherlands Development Finance Company • Shell Upstream International • Vestas Benelux B.V • Wärtsilä Netherlands BV • Energyst International Projects • Nigeria • AELEX • Aggreko International • Àrgentil Capital Partners • GE Energy - Global Sales • Globeleq • University of Ilorin • Norway • Jacobsen Elektro A/S • Norfund • SN Power Africa • Portugal • FCB & A • Vestas • Russian Federation • Gazprom EP International • Rwanda • Kibuye Power • South Africa • ABSA Capital • AREVA South Africa • Dewey & LeBoeuf LLP • EDI Holdings • ESKOM • ESKOM Holdings • Fieldstone Africa (Pty) Ltd • GE Energy • Merit Capital (Pty) Ltd • Nedbank Capital • Norconsult South Africa (Pty) Ltd • RSV ENCO Consulting (Pty) Ltd • TNJ Project Solutions • USAID • Wärtsilä South Africa (Pty) Ltd • Webber Wentzel • Wesgro • Spain • Guascor Power • Iberdrola • Vestas Mediterranean • Sri Lanka • LTL Holdings (Pvt) Ltd • Sweden • ABB Power Technologies • Eltel Networks • Switzerland • Addax Bioenergy • Africa Progress Panel • Alstom (Switzerand) Ltd • Basel Agency for Sustainable Energy [BASE] • Basler Afrika Bibliographien • Cat Electric Power • Caterpillar Power Generation Systems • Caterpillar SARL • Die Botschaft • Ecole Polytechnique Fédérale de Lausanne (EPFL) • EPFL • First Climate (Switzerland) AG • Green Biofuel Switzerland AG • Green Power Holding AG • Haefely Test AG • La Compagnie Benjamin de Rothschild • Panalpina Air & Ocean LTD • Planair • Rainbow Unlimited gmbh • Stucky Ltd • Swiss Federal Office of Energy • Swiss-African Business Circle (SABC) • SwissWinds Development (GmbH) • Tamoil • Thomson Reuters • Tanzania • Ako Law • CRB Africa Legal • Energy & Water Utilities Regulatory Authority (EWURA) • Orca Exploration • Songas Ltd • Tanzania Electric Supply Company Ltd (TANESCO) • Tunisia • African Development Bank • United Arab Emirates • Aggreko International • Chadbourne & Parke • International Power plc • Intertropical Trading Co • United Kingdom • Actis • Africa Confidential • African Energy • Aggreko PLC • Aldwych International Ltd • Aqua Media Ltd • Barclays Capital • CDC Group Plc • Chadbourne & Parke • Challenge Energy Ltd • Clifford Chance LLP • Clyde & Co • Control Risks • Denton Wilde Sapte • DLA Piper • Doosan Babcock Energy • Eleqtra (Infraco) Ltd • Empower • eONE • Fieldstone Private Capital Group Ltd • Frontier Markets Fund Managers • Globeleq • Gowlings (UK) LLP • Greenberg Traurig Maher • GuarantCo • HSBC • Infinite Group • Linklaters LLP • Merger Markets • Mott MacDonald • NERA Economic Consulting • NERA UK Ltd • Norton Rose • Nur Energie Ltd. • Rolls-Royce Diesels Power Business • Sojitz UK PLC • Standard Chartered Bank • Sumitomo Mitsui Banking Corporation Europe Ltd • Sun Biofuels • Tanfield Chambers • The Risk Advisory Group • Thomson Reuters • Trinity International LLP • Wind Prospect • Wragge & Co • ZIM NRG Plc • United States of America • AES • AES APCO • APR Energy • Butler Advisory Services • ContourGlobal • Dewey & LeBoeuf LLP • Grynberg Petroleum Company • Hunton & Williams LLP • International Finance Corporation • Nexant • PA Consulting Group • Sithe Global • SOL, INC. • Tetra Tech • Tufts University • USAID • World Bank • World Bank’s Sustainable Development Vice Presidency • Zambia • Energy Regulation Board (ERB) • Enfin Solutions AEF 2011 Sponsorship AEF sponsorship offers opportunities to reach the power, gas and renewable energy markets in Africa faster through preferential publicity, prominent exposure on the conference platform, and access to delegate details. Free tickets increase the opportunity for market contact. It makes economic sense. To enquire about sponsorship contact Bruno Cockburn [email protected] AEF 2011 Exhibition The AEF Exhibition is the hub of the marketplace. It is where the business is done, where the delegates socialize, where the welcome lunch is held, where coffee is served. Companies that exhibit are at the heart of the forum. They stand out. To reserve a stand space contact Sophie Mew [email protected] Africa Energy Yearbook 2011 An update on the successful 2010 inaugural copy, the 2011 Yearbook will be available to all AEF delegates and circulated to government agencies, to major multilateral organizations, and to leading energy companies. The Africa Energy Yearbook 2011 publishes articles on how the interlinking of the energy sector, global environmental concerns, and development goals affects Africa’s prospects for growth. Statistics, a list of Africa power-sector investors, and a directory of generator suppliers are also included. Advertise your presence. To contribute or advertise contact Amy Offord [email protected] Tuesday 14 June Africa Energy Summit Powering development 12:30 Buffet Lunch hosted by 14:30 Powering the Future Costing the future: half of the world's 10 fastest growing economies in 2011 are expected to be in Africa. How will African countries meet the increased demand for power? Costing the vote: Africa’s economic growth hinges on the ability of governments to increase power generation capacity and improve households’ access to affordable electricity. What reforms are needed to deliver power to the people? Costing power: a realistic price for power is better than no power at all. Can governments afford not to implement cost reflective tariffs? What government reforms would satisfy investor requirements? Costing the earth: how will climate change mitigation promote the required expansion of Africa’s power sector? Costing technology: are governments supporting proven, reliable, least cost technology, or developing a future low carbon economy? Is there a power matrix that will maximise the need for economic development whilst minimising the impact on the environment? 16:30 Powerful Partnerships Comparative advantage: the construction of new capacity for cross-border transmission often makes more economic sense than the construction of new capacity for generation. But will the trading of power result in the best location of generation? Pooling together: regional power pools and government involvement is key to negotiating cross-border agreements, coordinating generation planning and the erection of transmission interconnections.What lessons can be learnt from the failed Western Power Corridor scheme? What is needed to crystallize an effective operation? Desertec: is the initiative too ambitious and too costly? Will north Africa become a hub for solar energy generation? Public Private Partnerships: what is needed for PPPs to succeed? Paris Club: Has debt relief under the Heavily Indebted Poor Countries Initiative improved prospects for investment in the power sector? 18:30 AEF Welcome Reception Costing inactivity: does the prevalence of emergency power reflect a failure of planning and procurement or success in providing essential power? 16:00 Coffee Tuesday 14 June 09:00 to 12:30 Tuesday 14 June 12:30 to 14:30 Africa Hardball Africa Power Deal Africa Hardball is the pre-AEF executive briefing, conducted under the Chatham House Rule, bringing together policymakers, industry leaders and analysts to discuss the political issues that will shape African energy markets. Last year saw the first Africa Power Deal discussion outlining some of the preliminary steps towards making Ruzizi III happen. This year will focus on the Nigerian Power Sector Privatization. Politics & People Now in its sixth year, Hardball gives a frank assessment of the politics and people who shape Africa’s role in the global energy industry, with experts giving insights rarely voiced in open forums. Those interested in participating in the Africa Power Deal should contact Bruno Cockburn ([email protected]). Programme The programme is written by Jon Marks, one of the world’s leading commentators on African energy matters. The cost is Euros 460 plus VAT. For more information contact Nick Carn ([email protected]). Wednesday 15 June AfricaPOWER Where is the power? 09:00 Generation: Where’s the Power? How many MWs are being added to Africa's grid? Medupi, Kusile and Ingula: an update on South Africa’s capacity to meet demand. Geregu II: is this the tip of the iceberg? Tema Osonor: an example of a well structured IPP? 14:30 Reforms & Restructuring: Powering Growth Experts will be invited to discuss reforms and their effect on the African power sector. What impact is the unbundling of the generation, transmission & distribution business having on the state electricity utility? Mmamabula: is there a lesson to be learnt? Is the privatisation of the state electricity utility still an option? 16:15 Coffee Power rental solutions: the benefit is getting power to the grid within two months of a contract signature. 16:45 Tarfaya: large-scale wind is gathering momentum. Finance: The Power of Money Mphanda Nkuwa: do large power projects depend on neighbouring countries' willingness to import power? How can governments raise finance? • Joined up government: how can Treasury and Energy Ministries align goals? 11:00 Coffee • Can governments still borrow cheaply? 11:30 Transmission & Distribution: The Route to Power • Who will lend to governments and can governments ensure that the terms are fair? Africa Energy Atlas: illustrating the potential of Africa's regional transmission networks. • Chinese companies have put together some very effective projects. What can be learnt from the Chinese model? The chicken or the egg? Generation or transmission capacity. Which sector drives which? What sources of funding exist for power utilities? • What is required for a successful bond issue or IPO? T&D: how many new transmission and distribution projects are being developed on the continent? • Is there any evidence of increased funding from pension funds, local banks and local investors? Battling for investment: expanding capacity and replacing old assets. Who will pay for it? • Can commercial banks play a role in funding utilities and what are the required guarantees? Integrating renewable energy: for geographical reasons the prefered sites for renewable energy are often in remote areas with no access to the grid. Who foots the bill? • How do the terms for DFIs differ from those of commercial banks? Regulation: what are regulators doing to encourage the reliability, maintenance and reinforcement of the distribution grid? How can they remain independent from government pressure and private sector demands and provide appropriate oversight and prudence review? GRIDCo: encouraging private sector investment and introducing competition in the wholesale power supply market. 13:00 A taste of Paris hosted by Financing IPPs • Do commercial banks have the appetite for large-scale, long-term power projects? • Have sovereign guarantees been the catalyst for getting projects off the ground? • Are political risk guarantee schemes enough to encourage private sector investment? Tariffs • Increasing tariffs will move projects forward but will they push fragile communities further into poverty? What are the options? 18:00 AEF Reception Thursday 16 June Africa Power Caucus What makes power work? 09:30 Talking Power All risk has to be shared prior to a project being built. Is it a given that the allocation depends on the negotiating strength of each party? Negotiating power: can governments compete with the wealth of resources and experience that is available to the international private sector? How do you overcome this perceived imbalance? Protracted negotiations: lengthy negotiations significantly increase the cost of a project. Can this be made more efficient without cutting corners? Allocating risks: who shoulders most of the risk in a project? What risks are under the control of the sponsor, contractor and operator? What risks are under the control of government? How are these risks allocated in a power purchase agreement? Can international norms and standard contracts be used? PPA requirements: why does it appear problematic to adopt clear laws and regulations that support private ownership and transparency of the power market? Meeting payment obligations: payment liquidity and security from the off-taker is critical to the viability of a project and often a stumbling block in negotiations. Are there any alternatives? Offtaker guarantees: how can the off-taker overcome an already burdened balance sheet? Public Private Partnerships: what funding arrangements are needed for PPPs to succeed? Private power: why do governments often remain unconvinced of the claim that private power is best? Independent Power Producers: IPPs have added 3000MW of new capacity in recent years. Why do relatively few projects make the grade? What can be learnt from the Gulf States, where the IPP model is already established? BRICs: are Africa’s increasing ties with emerging market partners forcing traditional investors to reassess their financial model? 13:00 Farewell lunch hosted by Thursday 16 June AfricaHYDRO From billion dollar grand-scale projects to pico "run-of-theriver” schemes. What are the barriers to fulfilling Africa’s huge hydro potential? 09:00 Hydro Hype? Mphanda Nkuwa: the result of strong government consensus and good planning. What government frameworks and regulations are needed to build a 1500MW hydropower plant? 11:30 Hydro Holdings Bujagali: what can be learnt from this successful IPP? Ruzizi: an update on the PPP structured project. Inga: too grand or too expensive? What are the obstacles preventing its development? Gilgel Gibe 3: who is financing the project? Ingula: South Africa is looking to shift away from coal. How much does domestic or imported hydropower feature in its low carbon future? Malagarasi: a case study on the importance of addressing environmental and social issues early in hydropower project development cycle. Who should pay for the environmental and social impact assessments? Masinga: Kenya's reliance on hydropower has led to acute national power shortages during droughts. Is Kenya shifting away from hydro? China: prepared to invest billions of dollars in African hydropower schemes that have been on the drawing board for decades.What can be learnt from the Chinese model? Westcor: a lesson in the difficulty of cross-border power agreements. Sahanivotry: earned the right to sell carbon credits through the Clean Development Mechanism (CDM). Can the model be repeated? Bumbuna: an exercise in international cooperation to bring hydropower on stream. Capitalizing on natural resources: Ethiopia is harnessing its huge hydro reserves: who are the potential importers? Is there an example of an integrated transmission grid system that is able to transport power across the region? Guarantees: can hydropower projects attract private investment without the World Bank’s risk guarantee and Multilateral Investment Guarantee Agency’s (MIGA) investment guarantees? 13:00 Farewell lunch Mercredi 15 Juin Afrique ELECTRIQUE Quelles sont les opportunités d'investissement en Afrique? 09:00 Le Financement de l'énergie Transmission et distribution: qu' y a-t-il de nouveau? 14:30 Quelles sont les sources de financement pour les Etats pour développer le secteur, et à quelles conditions? Est-ce que les sociétés nationales d'électricité peuvent lever directement des ressources, et à quelles conditions? Combien de nouveaux projets de transmission et de distribution sont en cours sur le continent? Le secteur privé peut-il jouer un rôle dans ces projets? Y a-t-il un rôle à jouer pour les banques locales, les assureurs ou les investisseurs locaux? Africa Energy Atlas: démontrons le potentiel des réseaux régionaux de transmission en Afrique. Ls banques internationales peuvent-elles jouer un rôle dans le financement du secteur et avec quelles garanties? Quelles sont les principales différences entre les termes des bailleurs de fonds et ceux des banques commerciales? Le réseau: comment en financer l'expansion des capacités et le remplacement des anciennes infrastructures de transmission et de distribution? Le Financement des producteurs indépendants d'électricité Importance du cadre réglementaire pour favoriser les investissements du secteur privé dans ce secteur. Intégrer l'énergie renouvelable: pour des raisons géographiques, les sites sont souvent éloignés du réseau: les projets sont-ils néanmoins rentables? Réformes et restructuration: quelles sont les différentes options? Pourquoi les promoteurs privés investissent-ils dans le secteur de l'énergie en Afrique? 16:45 Les banques commerciales ont-elles de l'appétit pour les grands projets d'énergie qui nécessitent des financements à long terme? Les experts seront invités à discuter des principales réformes en cours et des effets de ces réformes sur le secteur africain de l'énergie. L'absence de garanties souveraines est--elle un obstacle à l'obtention du financement? Les garanties données par les institutions internationales sont-elles suffisantes pour encourager le secteur privé à investir? Impact de la séparation des activités de production, de transport et de distribution d'électricité sur les sociétés nationales d'électricité? Tarifs Quelles politiques tarifaires peuvent à la fois favoriser l'accès à l'énergie et le développement des infrastructures? Comment concilier objectifs sociaux (généralisation de l'accès à l'électricité, prix accessible) avec les besoins de financement du secteur électrique? 11:30 Production d'électricité: que se passe-t-il? Combien de MW ont été ajoutés au réseau africain? Centrale Thermique de Lomé: une collaboration entre le secteur public et le secteur privé. Location d’un groupe électrogène: les avantages de pouvoir alimenter le réseau deux mois après la signature du contrat. Maroc: quelles politiques sont nécessaires pour encourager les projets éoliens et les projets solaires? Azito: comment augmenter de 50% la capacité de l’usine sans risque d’émissions supplémentaires de CO2? Le développement de nouveaux gisements de gaz: offrira-t-il une solution durable? Les centrales solaires: sont-elles compétitives en Afrique? La privatisation des sociétés nationales d'électricité est-elle encore envisageable? Quels sont les autres modèles de participation du secteur privé (délégation de gestion, assistance technique…)? Wednesday 15 June AfricaGAS Gas in demand 09:00 The Politics of Gas 14:30 The Attraction of Gas National interests & corporate profits: it is important to establish at the outset a modus operandi whereby the parties’ perceived interests do not provide a reason for disruptive tension. But how achievable is this? Tanzania: demand for gas over the last five years has more than doubled, and exploration activity continues to expand. But what is meant when concerns are expressed at the “slow pace of decision making” delaying projects? Redressing the imbalance: African countries are sensitive to assertions that they have sold national resources too cheaply to secure the investment and technical expertise needed for their exploitation. Is it feasible to establish an impartial valuation? What are the essential elements for a productive, long-term partnership between NOCs and IOCs? Mozambique: successful development of the Pande and Temane gas fields and the building of a pipeline to South Africa adds credence to the claim that Mozambique is a country where one can do business.What are the factors underscoring this claim? Sharing experience: African governments experience similar difficulties in ensuring that associated and stranded gas is economically used.What mechanisms exist for countries to avoid common pitfalls? Regulation for gas: an enabling regulatory environment is often quoted as essential for the development of a profitable gas sector. What are the regulations required? 11:30 The Economics of Gas Gas Flaring • Why has it been so difficult to eliminate flaring? • Will new oil producers with associated gas be able to adopt a zero flaring policy? • What are the economics of gas productionpredominantly to fuel power generation? Pricing • How does a higher gas price square with its potential use as a fuel for power generation? • Given that implementing cost-reflective power tariffs for all is politically sensitive, what flexibility does a utility have when negotiating the price it will pay for gas? • Price volatility can cripple a company.What pricing formula is used to give long-term security to industrial users of gas. • Could the price of gas reflect an environmental premium? • Countries considering gas for industrial use lack an adequate pipeline network.Who will pay for pipelines? Customers • How does one resolve any competitive tension between the national power company and the gas supplier in meeting industrial consumers’ energy needs? • Will LPG fill an essential gap in the domestic energy market? South Africa: despite the attraction of gas for power generation, proposed projects have encountered problems. What policies could support the use of gas in South Africa? What is the prospect of large gas finds? Namibia: is the Kudu gas-to-power project’s delay simply a problem of getting an offtaker’s guarantee or are the problems of a more procedural and structural nature? Are there lessons that other African countries can learn from the Kudu project? Ghana: being a late comer to the oil and gas producers’ club should enable Ghana to avoid the worst effects of Dutch disease.What steps are being taken to ensure that this will be the case? Nigeria: with its massive gas resources, what has been the root cause of Nigeria’s inability to use this valuable resource for power generation? Given the history, why should President Goodluck’s Gas Master Plan get the support it needs to succeed? West African Gas Pipeline: where’s the gas? Lake Kivu: a new frontier? 16:45 Money for Gas Corporate money • How easy is it to finance gas projects from cash flow and rights issues? • Are the effects of a global crisis still making it difficult to access finance for gas-to-power projects? African money • Low capitalization of banks in Africa has limited their ability to engage in large financing of oil and gas ventures.What steps are being taken to change this? • How can the involvement of African-based institutions support the financing of gas projects? Multilateral money • How do development finance institutions seek to participate in gas projects? Wednesday 15 June Africa Renewable Energy Forum The future is renewable Renewable Africa Growth in Africa's power capacity over past decades has been 14:30 Renewable Money limited and the lack of access to electricity persists - can the renewable energy industry succeed where conventional power and rural energy initiatives have failed? More money is now invested in new renewable power capacity than in new fossil fuel capacity. Half of the existing renewable energy capacity is in developing countries. Do African countries feature in this investment? 09:00 The Future is Wind The experience of developing a large-scale wind project in Africa. Measuring and forecasting wind capacity • What is Africa’s wind potential? • How do developers identify the optimum location for wind farms? Integrating the grid For geographical reasons the prefered sites for wind generation are often in remote areas with no access to the grid. • Is proximity to the existing grid the key factor to South Africa’s renewable energy feed-in tariff projects? • Are projects inhibited by the need to expand the grid? • Are Regional Electricity Distributors supporting the transmission infrastructure costs? • Are the communities in remote areas benefitting from this local wind power? 11:30 The Future is Solar The experience of developing a solar park in Africa. Solar Photovoltaic • A small number of volts can make a big difference to a household and the cost of solar power kits are crashing down. If PV kits can supply households with modest needs in rural and peri-urban areas, why are they not in more demand? • What is the potential of solar energy for industrial applications? Concentrated Solar Power • What are the challenges and opportunties of large-scale CSP? • Is small-scale CSP a feasible and cost-competitive option for rural electrification? • Economies of scale: what are the advantages of large-scale solar programmes as opposed to small scale projects? • Secrurity of supply: PV for peak power, CSP for base-load power. Is this a realisic future scenario? The challenge is how to finance costly renewable energy projects. But in reality financing any power project in Africa has been difficult.The possible advantage for renewables is that governments may have a commitment to promote them through positive discrimination. • What does a commercial bank require to lend to renewable energy projects (REPs)? • How do DFIs propose to include more REPs on their books, in compliance with their remit, while being confident that the projects are sound and make a meaningful contribution to development? • Are feed-in tariffs the best mechanism for supporting REPs? Are they inefficent by potentially distorting the market? • Is it foolhardy to expect carbon credits to fund a significant expansion in African renewable energy? • Are there clean energy funds available for renewable energy projects in Africa? How do you access these funds? 16:45 The Carbon Catch Promoting the low carbon revolution • An evaluation of Renewable Energy Feed in Tariffs (REFITS) in comparison with other supporting mechanisms. • Renewable portfolio standards, quota obligations, capital subsidies, grants, tax credits etc. How can governments promote the renewable energy sector? • Have issues on power purchase agreements in South Africa been resolved? • How do authorities grant renewable energy projects? • Who is regulating renewable energy projects? • Does renewable energy need incentives? What will governments ask in return for subsidies? • Government perspective: what are the barriers and obstacles to implementing policy reforms? • Private sector perspective: what legal and policy framework is required to encourage investment in renewable energy projects? Africa Energy Forum 2011 Registration Form Registration Information Registration: Tuesday June 14, 11:00 Welcome Reception: Tuesday June 14, 18:30 Conference: Tuesday June 14 , 14:00-18:00; Wednesday June 15, 09:00-18:00; Thursday June 16, 09:00-14:30 AEF Reception: Wednesday June 15, 18:15 Registration Fee: Euros 1200 + (19.6% French VAT) = Euros 1435.20. There are attractive multiple delegate discounts. Multiple Delegate Discounts Discounts for companies booking two or more delegates are: Delegates Discount Cost per delegate 2 5% 1140+223.44 VAT 3 10% 1080+211.68 VAT 4 15% 1020+199.92 VAT 5 20% 960+188.16 VAT Delegate Registration Form Please register those listed below at Euros 1435.20 (1200 + 235.20 VAT) per delegate, less discount if applicable. Full name: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Position: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Full name: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Position: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Total Euros 1363.44 1291.68 1219.92 1148.16 The fee covers: • Access to all AEF sessions • Access to all AEF receptions and lunches • A copy of the AEF Conference Book, Delegate Book and Africa Energy Yearbook 2011 • Membership of the AEF MarketSite on the internet until March 2012, allowing delegates to: • download conference presentations • access a list of delegates as they register • contact other delegates via the site before and after the conference Registration: Delegates can register on the conference website or by phone, fax or post—details are on the registration form opposite. 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