NEPAD vision and the INGA hydro-electric scheme
The concept of power trading is considered in the context of the vision of the New Partnership for Africa Development (NEPAD). A most promising option is to utilise the rich water resources of the Democratic Republic of Congo for hydro-power generation. Present and anticipated future potential generating capacities are quoted. The development of the Inga 3 and the Grand Inga schemes could supply grid-connected African states with sufficient electricity to stimulate their respective socio-eco-nomic development. Today’s situation and plans are outlined, emphasising requirements for success. These include financial investment through public-private partnerships, the all-important role of gov-ernments to ensure political stability and independ-ent regional regulation for equitable wheeling charges.