The term “energy transition” refers to the change of the global energy system from fossil fuel-based sources, which contributes to the major share of greenhouse gases (GHG) emissions - main driver of climate change, to renewable energy sources with sustainable with zero emission, and thus, mitigating climate change impacts. The transition involves a structural transformation in the production and consumption models of the fossil-fuel-based energy system. This means, facing out the use of fossil fuel as a source of energy.
Nature-based energy solutions, such as wind and solar energy are expected to play a crucial role in the global energy transition and decarbonization strategies of the global economy. Throughout the world, the energy transition is gaining momentum occurring on the global, national and regional scales – a change primarily driven by government policies and consumer preference, change in investment patterns, development of revolutionary clean energy technologies, and considerable reduction of the cost of renewable energy.
For the Horn of Africa, the renewables-based energy transition has the potential to create huge socio-economic benefits. The region, in particular, the coastal area in Somaliland is endowed with unparalleled abundant renewable energy (wind and solar) and has one of the strongest potentials for producing low-cost renewable energy in Africa or perhaps anywhere in the world. Preliminary data suggest that onshore wind power could generate between 30,000 to 45,000 MW per year, whereas solar power could potentially generate an excess of 2,000 kWh/m2.
By utilizing these infinite natural resources (wind and solar) and the deployment of advanced technologies for green energy production, it is our vision to be a major player among countries bridging the global energy transition, from source to service.