Is battery storage a key technology for Mozambique's future?

Globeleq sees battery storage as a key technology for Mozambique’s future. Storage costs are expected to continue decreasing, so those systems will become more competitive and will be able to contribute more.

How much solar energy does Mozambique have?

Mozambique has a potential solar energy yield estimated between 1,785 and 2,206 kWh/m2/year, resulting in a solar energy potential of 23,000GWh/year. In August 2019, the first grid-ready solar power station, the 40 megawatts Mocuba Solar Power Station, in Mocuba District, Zambezia Province, achieved commercial commissioning.

What is the price of electricity for businesses in Mozambique?

The price of electricity in Mozambique is 0.080 U.S. Dollar per kWh for businesses. This includes all components of the electricity bill such as the cost of power, distribution and taxes. For households, the price is 0.127 U.S. Dollar per kWh.

What energy sources are available in Mozambique?

Mozambique has abundant energy sources available for exploitation. As of 2021, the country was ranked first in energy potential of all the countries in the Southern African Power Pool (SAPP), with an estimated energy capacity of 187,000 MW. Available energy sources include coal, hydroelectricity, natural gas, solar energy and wind power.

Should Mozambique export electricity?

One of the big challenges of Mozambique is its size and shape, which make the transportation of electrons across the country quite expensive. Exporting electricity would bring foreign currency that can support investments in domestic transmission and distribution infrastructure.

What is Mozambique's investment climate?

Mozambique’s investment climate needs to remain predictable, not just in the electricity sector, but also across industries such as tourism, logistics and agriculture that will drive demand for electricity as the economy grows.