What is the Cape Verde electricity project?
The project consists in the design and construction of a set of inter-related electricity generation, network and storage components during the - period under Cape Verde's National Electricity Masterplan (-).
How will the Cape Verde water project impact the water sector?
Furthermore, the Project is expected to have a critical indirect effect on the water sector in Cape Verde as most of the country's water supply comes from water desalination, which requires significant energy resources.
Will EIB global help Cape Verde phasing out fossil fuels?
As part of the EU's Global Gateway strategy, EIB Global is supporting this project, which is expected to contribute to the complete phasing out of Cape Verde's reliance on expensive and polluting fossil fuels as its primary source of energy by at the latest.
How will EIB financing help Cape Verde?
EIB financing will contribute to the following objectives in Cape Verde: (i) reducing the CO2 and other emissions from the power sector; (ii) enabling the integration of high shares of wind and solar power; (iii) improving power quality and support the security of the electricity supply, (iv) reducing current high electricity costs.
Does seasonality characterize the renewable resource of Cape Verde?
All the analysed scenarios until this point rely fundamentally on HPS to deal with the seasonality characterizing the renewable resource of Cape Verde. As aforementioned, the sizing limit has been established based on current estimates of the total resource of the island.
Which Island in Cape Verde is a study case?
We have selected the island of Santiago in Cape Verde as the study case given the available Open Access dataset , , and the current goals of the local government of reaching 100% RES-based system by , the ongoing direct and indirect electrification of road and maritime transport via EVs and hydrogen vessels, respectively , .
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CAPE VERDE GREEN ENERGY FL
The project consists in the design and construction of a set of inter-related electricity generation, network and storage components during the - period under
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Santiago Pumped Storage will increase Cape
During the presentation of the project, Cape Verde's National Director for Industry, Trade and Energy, Rito Évora, announced that the energy storage centre is scheduled to be operational by , with the aim of injecting 7%
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CONTEXT In the Government of Cape Verde had the vision of achieving 50% penetration of renewable energy by . In order to be able to realize this vision it was necessary to create renewable energy storage
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