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ABU DHABI, UAE, Dec 30, 2012 - (ACN Newswire) - With an estimated 1.3 billion people in the world living without electricity, mainly in poor and rural communities, finding solutions for energy poverty is set to be a key focus of the conference and exhibition during the forthcoming World Future Energy Summit (WFES) in Abu Dhabi from January 15- 17.
The International Energy Agency's World Energy Outlook reports that, in 2011, around half of the 1.3 billion energy-poor populations live in Africa. Additionally, there are 2.7 billion people living without clean cooking facilities; more than 25% of these people reside in Africa.
Providing universal energy access has been the forefront of sustainability discussions, and in January 2012, the United Nations launched their International Year of Sustainable Energy for All program at WFES. WFES 2013 will continue to focus on global access for energy by including a program and an innovative exhibition initiatives that focus on finding solutions for universal energy access.
Technological advancements in renewable energy and the rising cost of fuel have made rural electrification projects a financially viable option, according to Ernesto Macias Galan, President of the Alliance of Rural Electrification (ARE), the only international, non- profit business association dedicated to the promotion and the development of off-grid renewable energy solutions for rural electrification in developing countries.
Mr Galan, who will be a featured speaker during the "Rural Renewable Energy" session at the International Renewable Energy Conference (IREC) hosted by WFES 2013, highlights that, with 84% of the world's energy poor residing in rural and remote areas, the need to find quick and sustainable solutions is imperative for the survival of these communities. "Off- grid renewable projects are an innovative method to tackle energy poverty that is so prevalent in remote and rural communities," continues Galan.
Galan cites the example of the Monte Trigo solar village as a successful step in overcoming the obstacles posed by energy poverty. In February 2012, the Monte Trigo solar energy plant provided 60 of the 80 households in this Cape Verdean village uninterrupted electricity supply for the very first time.
Situated on the western most tip of Africa, this village depends on fish for food and more importantly, as a source of income through trade with neighbouring island villages. "Until early this year, producing ice for storing fish was impossible, as Monte Trigo remains unconnected to any main electricity grid. Fishermen would often have to make 10 hour round trips to the nearest main island of Sao Vicente to buy ice. Their need for an energy source to sustain their village was critical," said Galan.
According to Galan, a Multiuser Solar micro-Grid (MSG) was installed in this village, which is capable of producing approximately 90 kWhr per day - enough to power 60 households.
The Monte Trigo project is one example of how solar energy can bring small but significant changes to rural communities. However, the IEA predicts that a $48 billion investment is required for electrification - 49% of this investment is required for Africa, for communities like Monte Trigo.
The Project and Finance Village, first introduced to WFES in 2011, is making a significant contribution to sourcing finance for renewable energy projects such as the one in Monte Trigo. During WFES2012, up to 27 projects worth over US$5 billion were showcased to investors; however, the number of projects is set to increase significantly at WFES 2013 this January.
"The Project and Finance Village at WFES2013 is responding to the challenges of rural electrification. This year, it has expanded to include 40 projects valued at over US$ 8 billion. Considering that the investment for the Monte Trigo project was just 290,000 euros, the Project and Finance Village has the ability to make powerful strides in overcoming energy poverty," said WFES 2013 Show Director, Naji El Haddad.
The World Future Energy Summit, hosted by Masdar, Abu Dhabi's multi-faceted renewable energy company will also be the host venue for the prestigious biennial International Renewable Energy Conference in Abu Dhabi (ADIREC). For more information, please visit www.worldfutureenergysummit.com.
World Future Energy Summit (WFES)
The annual World Future Energy Summit in Abu Dhabi is the world's foremost gathering dedicated to promoting sustainable technologies. Celebrating its sixth year in 2013, it is the leading international event for government and industry decision makers committed to finding viable, sustainable solutions to the world's growing energy challenges.
The summit is an unparalleled forum for political, business and intellectual debate, and for networking and transactions between manufacturers, suppliers and customers in both the public and private sector. It comprises a world-class conference, a large-scale exhibition, and an annual celebration of the winners of Abu Dhabi's Zayed Future Energy Prize, which recognizes global achievement in the fields of renewable energy and sustainable development.
Hosted by Masdar, Abu Dhabi's multi-faceted renewable energy company, the World Future Energy Summit also features the Project and Finance Village, the Young Future Energy Leaders programme, round table discussions, and various corporate events and social engagements.
To be held under the patronage of H.H General Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the World Future Energy Summit 2013 runs from January 15-17 at Abu Dhabi National Exhibition Centre.
International Renewable Energy Conference (ADIREC)
The World Summit on Sustainable Development in 2002, held in Johannesburg, recognized renewable energy as a critical component of sustainable development, energy security and responsible action on climate change. The Summit inspired the biennial International Renewable Energy Conference, which has gathered a growing community of government decision-makers, policymakers, investors and civil society organizations since the first conference in Bonn, Germany in 2004.
ADIREC is a high-level political conference dedicated to the advancement of the renewable energy sector. Hosted by alternate governments every two years, IREC 2013 will be in Abu Dhabi and builds upon the outcomes from the previous conference in New Delhi, India. ADIREC will focus on the policies, regulatory frameworks and incentives required to facilitate the advancement of renewable energy technology.
ADIREC will be hosted by WFES2013 in Abu Dhabi from 15 - 17 January 2013 as part of Abu Dhabi Sustainability Week.
For more information, contact:
Reem Diab/Ian Mason
ASDA'A Burson-Marsteller
Abu Dhabi, UAE
Tel: +9712-6334133
reem.diab@bm.com
Topic: Trade Show or Conference
Source: World Future Energy Summit (WFES)
Sectors: Environment, ESG, Alternative Energy
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From the Asia Corporate News Network
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