BMI View: Hydroelectricity accounts for almost all of the electricity generated in Zambia, and this brings with it considerable risks – particularly in dry years. Hydropower’s portion of the country’s energy mix is anticipated to increase even further over BMI’s 10-year forecast period, with coal and oil barely getting a look in. However, Zambia produces more energy than it consumes and is due to become a net exporter by 2022. The power sector has a healthy project pipeline, with the Kabompo Gorge and Kafue Gorge hydropower projects showing the most promise for sector growth. Another bright spot comes from ZESCO, …
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