Henri HornNov 15, 2022

The Just Energy Transition Partnership #JETP making progress, this time in #Indonesia. $20bn to phase down coal. Recently FT reported on South Africa #Eskom having $8.5bn to replace #coal with #renewables.
https://mastodon.green/@henrihorn/109293830634273585

This is probably very good news for climate, but is there risk of moral hazard from using lots of carrot and less stick? Could emerging countries build coal plants just to attract climate dollars as compensation when the same plants are closed?

https://www.ft.com/content/42f03ad4-2cfd-4e16-bd64-e6385f02d75e

Henri Horn (@[email protected])

The Just Energy Transition Partnership #JETP helps coal-dependent countries like Indonesia, Vietnam and India transition to #Renewables. More emissions can be displaced with same investment compared to Europe. But the $8.5bn scheme in South Africa shows how difficult this is. Why bother, if even Europe is reopening coal plants? Mining job cuts, corruption and organised crime, lagging RE investments, drama all well reported by https://www.ft.com/content/3c64950c-2154-4757-bf25-d93c7850be8f

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Show threadJoseph Ishie
@henrihorn I think the issue should be around the affordability of these loans. The global south are saddled with debt
Nov 15, 2022 at 3:54pmWeb
Show threadHenri HornNov 15, 2022
@jt_ishie I agree. Most power utilities in Africa operate at a loss, lose money with every kWh they sell. Only Seychelles and Uganda appear to have #CostReflectiveTariff. I expect plenty of #GridDefection as soon as hybrid #rooftopPV +battery are sold in large quantities, prices should now be below 10.000$ for 10kW&10kWh systems
Show threadJoseph IshieNov 15, 2022
@henrihorn exactly!!! Where can I find the full scope of this report?
Show threadHenri HornNov 15, 2022

@jt_ishie the graph is on page 8 of this World Bank 2016 report:

https://openknowledge.worldbank.org/handle/10986/25091
I assume losses have only increased as fuel prices rise.

The pv+battery hybrid system price is from a recent quotation, 7.800usd for 10kW+10kWh system but, excl tax and shipping.
Some utilities might charge almost that 7.800usd just as a connection fee, then the customer still needs to pay monthly&kWh fees for unreliable delivery

Show threadJoseph IshieNov 15, 2022
@henrihorn danke shön