BMI View: Mozambique is one of the most attractive markets in Sub-Saharan Africa. The economy is growing rapidly and the government has liberalis ed the country's investment laws, providing an enabling environment for exploiting Mozambique ' s abundant energy resources. However, barriers to investment remain, including high levels of corruption and low-level political instability.
The outlook for Mozambique's power sector is good. After decades of civil war, the political situation has stabilised, the economy and population are growing rapidly, and the government has liberalised the country's investment laws, providing an enabling environment for the development of the power sector. A number of major projects are in the pipeline which will exploit Mozambique's abundant water and coal resources. As a result, power generation will increase by 8.3% year-on-year (y-o-y) in 2015 to 21.6TWh, and to 36.1TWh in 2024. Meanwhile, the government is expanding access to electricity with the help of international donors, which will facilitate a rise in consumption over our 10-year forecast to 2024.
Mozambique is continuing to plug its generating shortfall. In January, the government has applied to purchase electricity from Tanzania. And in February, Electricidade de Mocambique commissioned Aggreko, which specialises fast-track temporary cover, to install 18MW of capacity to in the port of Nacal in northern Mozambique.
Efforts continue to expand capacity on a more permanent basis. The Finnish group Wartsila has signed a USD181mn contract with the Ressano Garcia Thermal Plant to build the largest gas-fired power plant in Mozambique. And Ncondezi Energy Ltd raised an initial USD5m towards construction of 300MW power plant project near Tete in northern Mozambique.
The north of Mozambique has been experiencing sustained power outages following a severe storm in January which brought down the electricity supply system. The event highlighted the...
The Mozambique Power Report features BMI Research's market assessment and independent forecasts covering electricity generation (coal, gas, oil, nuclear, hydro and non-hydro renewables), electricity consumption, trade, transmission and distribution losses and electricity generating capacity.
The Mozambique Power Report also analyses the impact of regulatory changes, recent developments and the background macroeconomic outlook and features competitive landscapes comparing national and multinational operators by sales, market share, investments, projects, partners and expansion strategies.
- Use BMI's independent industry forecasts for Mozambique to test other views - a key input for successful budgeting and strategic planning in the power market.
- Target business opportunities and risks Mozambique's power sector through our reviews of latest power industry trends, regulatory changes, and major deals, projects and investments in Mozambique.
- Assess the activities, strategy and market position of your competitors, partners and clients via our Competitive Landscape analysis.
BMI Industry View
Summary of BMI’s key industry forecasts, views and trend analysis, covering power markets, regulatory changes, major investments, projects and company developments.
Industry SWOT Analysis
Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the power sector and within the broader political, economic and business environment.
BMI’s Power Forecast Scenario
Forecasts to end-2024 for all key indicators, supported by explicit assumptions, plus analysis of key downside risks to the main forecasts:
- Generation: Electricity generation total, thermal, coal, natural gas, oil, nuclear, hydropower, hydro-electric pumped storage and non-hydropower renewables.
- Transmission and Distribution Losses: Electric power transmission and distribution losses.
- Trade: Total imports and exports.
- Electricity Consumption: Net consumption.
- Electricity Capacity: Capacity net, conventional thermal, nuclear, hydropower and non-hydroelectric renewables.
BMI’s Power Risk Reward Index
BMI’s Risk Reward Indices provide investors (power companies, service companies and equity investors) looking for opportunities in the region with a clear country-comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic data points to provide indices of highest to lowest appeal to investors,
Structure, size and value of the industry sector; overview of the industry landscape and key players; an assessment of the business operating environment, sustainable energy policies, pricing and the latest regulatory developments.
Key Projects Database
Details and analysis of all current and planned developments (new ventures, capacity expansion and other investments) across the sector broken down by location, sector type, capacity, value, companies and operational status.
Illustration of the power industry that exploits our data-rich, in-depth analysis of the leading players in the sector and examination of operational results, strategic goals, market position and the potential for investment.
Power Outlook long-Term Forecasts
Regional long-term power forecasts covering electricity generation, consumption and capacity for thermal, hydroelectric and nuclear power. These are supported by a country specific overview, alongside an analysis of key downside risks to the main forecasts.
Providing BMI’s near-term economic outlook for the region as a whole, as well as taking a close look at countries of particular interest and the latest trends and developments.
The Power Market Reports draw on an extensive network of primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports, including Energy Information Administration (EIA), World Bank (WB) and United Nations (UN).