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Electricity in Angola

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Executive Summary of Electricity in Angola

Electricity in Angola - Angola was devastated by a 25 year civil war which finally ended in 2002, but left much of the national infrastructure including the electricity system in ruins. Of Angola's three independent grids, the central was the most heavily damaged while the northern, serving the capital Luanda was the least damaged. Following the end of the civil war and the establishment of a democratically based system of government, the Ministry of Energy and Water has started to rebuild the electricity infrastructure but progress has been slow. While one new hydropower plant, Capanda, has been brought into service and added 520MW to the northern system, only around half of the remaining installed capacity is operational. Angola has an urgent need to both rehabilitate damaged power plants where they can be repaired and to build new capacity. Angola also needs to dramatically expand the reach of the existing grid system and too interconnect the existing grids. Currently less than 30% of the population have access to electric power. Angola has large oil reserves and the income from these gives the country the opportunity to invest and rebuild. Angola also has abundant hydropower resources that could be easily exploited. However the country will not be able to fund all this expansion alone. The government has begun to restructure the centralised, state-controlled power industry but progress has been slow. Meanwhile tariffs remain heavily subsidised. To attract international investors, the government will need to overhaul the tariff system, to enable them to meet the cost of production, and it will need to offer a transparent industry structure into which private operators can sit comfortably. Angola has come a long way in the decade since the war ended, but it still has a long way to go.

The economy of Angola is reliant almost exclusively on oil which has grown in importance over the last two decades and accounts for around 85% of GDP. In 2011 oil exports accounted for 98% of government revenues. Angola joined the Organisation of Oil Exporting Countries (OPEC) in 2007. Meanwhile diamond exports contribute a further 5%. GDP in 2012 was $114.2bn, making Angola the third largest economy in Africa, after South Africa and Egypt. The high value of oil during the first decade of the twenty-first century and concurrent expansion of the oil industry led to average GDP growth of 15% between 2004 and 2008. Growth has slowed since then but was estimated at 8.4% in 2012. In August 2012 the government of Angola announced plans for a $5bn sovereign wealth fund.

Key features of this report on Electricity in Angola

• An overview of the electricity market in Angola.
• Power supply data covering production, imports and exports and the main production sources.
• Power demand data by market sector and tariff data.
• An overview of the structure of the electricity sector in Angola with government and private sector companies as well as the regulatory status.
• Power demand forecasts and the development of the power sector to meet expected growth.
• Transmission system expansion plans.
 
Key benefits from reading this report on Electricity in Angola
 
What are the key energy resources in Angola for power production.
How is Angola overcoming the effects of 20 years of war?
What are the key developments in Angola's electricity infrastructure?
Who are the key players in market?
 
Key market issues covered in Electricity in Angola
 
This report is a Country Profile on Angola, covering:-
 
Power generation capacity by fuel input in Angola
Electricity networks
Current power market trends
Generation growth
Investment Opportunities
Future project plans
 
Key findings of this report on Electricity in Angola
 
1.Proven oil reserves in Angola were estimated to be 15bn barrels (bbls) in 2013.
2.Angola is a member of the Southern African Power Pool (SAPP), but is not connected into the SAPP grid.
3.The largest of Angola's grid systems is the northern grid, which includes the capital, Luanda.
4.The northern grid includes Angola’s only 400kW transmission line, which carries power from the hydropower plant at Capanda to the capital, Luanda.
5.Access to electricity in Angola is probably under 30% of the population and in rural areas it is much lower.
 
Key questions answered by this report on Electricity in Angola
 
1.How does Angola generate its electricity?
2.What is the status of the national electricity market?
3.What are the key developments in Angola's electricity infrastructure?
4.Who are the key players in Angola electricity market?
5.What are the future prospects for investment in Angola?
 
Who this report on Electricity in Angola is for
 
Power utility strategists, energy analysts, research managers, power sector manufacturers, power developers, investors in renewables systems and infrastructure, renewable energy developers, energy/power planning managers, energy/power development managers, governmental organisations, system operators, companies investing in renewable power infrastructure and generation, investment banks, infrastructure developers and investors, intergovernmental lenders, energy security analysts.
 
Why buy this report on Electricity in Angola
 
• To utilise in-depth assessment and analysis of the current and future technological and market state of power in Angola, carried out by an industry expert with 30 years in the power generation industry.
• Use cutting edge information and data about Electricity in Angola.
• Use the highest level of research carried out. expert analysis to say what is happening in the market and what will happen next.
• Have the 'what if' questions answered.
• Save time and money by having top quality research done for you at a low cost.
 

Report Title

Electricity in Angola
Report Subtitle
Current power market trends, capacity, generation and network growth, and future project plans
Report Code

 

Publication Date
December 2013
Report Type
Energy
Report Size

 

Pages
29
Tables
9
Figures
10
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