
High Energy Planet
Kate Steel: On a Mission for Universal Energy Access
Dec 5, 2024
Kate Steel, co-founder and CEO of Nithio, discusses her mission to finance clean energy in Africa. She shares insights on the evolving landscape of energy access funding, emphasizing the need for public investment in underserved markets. Kate reflects on her transformative experiences in Kenya and highlights the resilience of the off-grid sector during the pandemic. They delve into trends in electric mobility financing and the significant role of data analytics in building consumer trust, while expressing optimism for future energy initiatives across the continent.
35:56
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Quick takeaways
- Kate Steele underscores that universal energy access is not just an engineering issue but a complex interplay of policy and financing challenges.
- The podcast highlights the evolving role of subsidies in energy access, recognizing them as essential for reaching underserved markets and supporting sustainable growth.
Deep dives
Navigating Energy Access Challenges
Kate Steele, co-founder and CEO of Nithio, emphasizes the complex nature of energy access, illustrating her journey from engineering to the forefront of renewable energy. After a life-changing experience in Kenya during a power crisis, she recognized that the lack of electricity was not merely an engineering challenge but a multifaceted issue influenced by policy decisions and financing challenges. Her experience solidified her commitment to understanding the intricate dynamics that result in energy poverty, ultimately leading her to a career in energy finance and access solutions. This background provides a unique perspective on energy systems, integrating knowledge from the private sector, public initiatives, and grassroots experience.
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