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Wednesday, 20 November 2013

Angola Power Report Q1 2014:Energy & Power Market Research Reports

Energy & Power Market Research Reports
 
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Angola Power Report Q1 2014
Nov 20th 2013, 00:00, by vyankatesh

BMI View: Angola’s increasing investment in hydropower is paying off, with 2013 accounting for over 68% of the country’s energy mix. However, this is all set to change from 2016, when hydropower’s percentage of the power mix will begin to drop, with Angola favouring oil-fired generation for the remainder of BMI’s 10- year forecast period. By 2022, hydropower will account for less than 63%, while oil-fired facilities will make up 33% – up from just 26% in 2013. The country will remain self-reliant, with no need for imports. However, its electrification rate – of just 12% – is poor and …

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