BMI View: Hydroelectricity accounts for almost all of the electricity generated in Zambia, and this brings with it considerable risks – particularly in dry years. While the lengthy improvement works at Kariba North Bank power station have finally come to an end – adding 180MW to the grid – this generation capacity still falls short of the growing demands of Zambia’s energy-hungry mining sector. The increasing demand is being met by a healthy project pipeline, with ZESCO planning to invest US$5.3bn over 2012-2017 in order to double electricity generation capacity to 2,800MW. The country also shows promise in terms of …
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