COP29: UGANDA MAKES CASE FOR JUST ENERGY TRANSITION PLAN
BY PAUL TENTENA
As countries push for ambitious climate
goals at the ongoing UN Climate Change Conference (UNFCCC COP 29) in the
Azerbaijan capital, Baku, Uganda has revealed strategic plans of gradual
decarbonising through an ambitious mix that is congruent to national, regional,
and continental realities of energy poverty.
This year’s UN climate powwow, which opened
on Monday, November 11, is themed ‘'In Solidarity for a Green World’.
Speaking at a fireside event on investing
in Energy, Resilience and Nature in Africa, Energy Minister Ruth Nankabirwa
highlighted Uganda’s strategic goal of becoming a regional energy supplier,
supported by Uganda’s leadership in the establishment of the East African Power
Pool.
"As we work to increase energy access
domestically, we will also leverage the power pool to export our excess
electricity to neighbouring countries," Ms Nankabirwa said.
The announcement builds on recent advances
in Uganda's energy taxonomy, including the commissioning of the 600MW Karuma
HPP on September 26, and thee183MW Isimba HPP five years ago, which pushed the
electricity generation capacity to 2,000MW against average demand of 1,000MW.
Notably, 95% of this energy is from
renewable sources, and Uganda aims to add 24,000 MW from a nuclear power
project targeted for 2027.
In addition to expanding electricity
generation for export to energy impoverished neighbours like eastern DRC, South
Sudan, and Rwanda, Uganda is advancing plans of developing its associated gas
reserves for Liquefied Petroleum Gas (LPG) production. With TotalEnergies and
China National Offshore Oil Corporation (CNOOC) engaged in the development of
the Lake Albert oil and gas project, Uganda recently secured an agreement with
an international partner to establish an LPG production facility. The plant is
expected to distribute at least 500,000 cylinders annually.
However, sustaining this project is
anticipated to require around USD 30 million per year. To support these
ambitions, Nankabirwa called for commercial banks to partner in a blended
financing approach to bolster Uganda’s energy transition goals. This plan,
launched at COP28 in Dubai, aligns with Uganda's vision for sustainable energy
growth and regional integration.
Uganda is working to diversify and
decarbonize its energy mix, prioritizing renewable sources such as hydro,
solar, and wind power while reducing its dependence on fossil fuels. Expanding
energy access for Uganda’s rural population—where electrification rates remain
low—is a key focus. Through the Energy Access Scale-Up Project, Uganda aims to
deliver affordable electricity to millions, reducing reliance on biomass and
kerosene.
Dr Gerald Banaga-Baingi, Task Team Leader
for Transition and Integrated Planning in Uganda’s Ministry of Energy,
explained that the country’s Energy Transition Plan is rooted in science-based
strategies, transparency in emissions reporting, robust financial data, and
policies that foster investment.
"Having an objective, science-based
plan is essential, along with legislation, though it often takes time to
implement. Blended financing, de-risking of key projects, and establishing
state enterprises to support these initiatives have opened new avenues and made
Uganda’s energy market more attractive for implementing its transition
goals," Dr Banaga-Baingi noted.
Uganda’s ambitious strategy aligns with
broader sustainable development and climate action goals, balancing economic
growth with environmental stewardship.
Comments
Post a Comment