We connect Nordic Clean Energy Tech with Africaโs Incredible Solar Potential. Solardey Podcast, Solar energy design and optimization ๐ธ๐ช๐ณ๐ฌ๐
@Aghoghochampion@General_Somto Itโs actually not a Nigerian thing. I have worked with many projects where panels are mounted on fasad, used as fence and mounted vertically on the ground.
We modelled it: a mature African energy market could be worth ~$100 billion a year.
Almost none of it exists today.
Here's what I mean ๐๐พ
In the Nordics, electricity isn't just generated, it's traded, balanced and optimised in real time. Producers buy power when it's cheap, sell when it's high, and get paid to keep the grid stable. A multi-billion-dollar industry sitting on top of the grid.
In much of Africa, that entire layer doesn't exist โ because we're still solving for access.
So on the new episode of Solardey, I sat down with Pia Malmstrรถm Lawson, Marketing Manager & Co-owner of Energy Opticon, to ask one question: what would that market be worth if Africa built it?
We ran the numbers โ Nord Pool's traded volumes, IEA demand outlooks, global balancing markets โ and landed at roughly $100B/year in energy trade. (A projection, not a published figure โ the full build-up is in the episode.)
The point isn't the exact number. It's that there's a whole industry here waiting to be built โ and Africa has the resources, the demand, and the young talent to build it.
๐๏ธ Full episode "Beyond Blackouts" โ link in the comments.
Is ~$100B/year too bold, or too conservative? I'd genuinely like to hear from the energy people here. ๐
#EnergyTransition #RenewableEnergy #Africa #Nordics #EnergyMarkets
Solar-rich. Energy-poor.
West Africa has sunlight, talent, land, and ambition โ yet reliable electricity is still a daily struggle in most countries in the region.
So what is the fastest way forward?
Grid reform, mini-grids, solar home systems, batteries โ or all of it?
New Solardey episode with Ifeanyi Azogu is out now.
Link below ๐
Yes! He is free. This is the 3rd time of him being kidnapped in Anambra State. Chief is a good man who has invested in the state for over 5 decades. He needs to be protected by all means not just him but everyone else. I am so furious that he has to go through all this. Btw- He is my first cousin. The man who inspired generations!
Here is the difference, in Nigeria itโs about electricity access (National grid is a joke) while in developed nations itโs about energy resilience, cost reduction and revenue generation by selling back to the grid.
Are you aware that there are incentives for installing solar in developed countries? I mean financial incentives paid into your account or through tax reductions! The states should encourage solar not tax people for installing one. I mean what other options are there?
All these emojis for what? You are so willing to ridicule PO but end up exposing your ignorance. Yes it is possible, a simple google would have shown you how much China, Bangladesh and even Vietnam generates from the Textile and footwear industries. Unlike oil industry, these industries are labour intensive, that means millions of jobs for Nigerians. But again I donโt blame you, itโs not easy to understand what you havenโt seen or experienced.
Nord and Innoson are definitely pacesetters! The industry has massive potential but needs favorable policies and support to grow. Our leaders should understand that these two companies are too important to fail. Thatโs how industries are developed worldwide. Give them scale and watch the production cost go down