Friday, 6 September 2013

Zambia Power Report Q4 2013

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Zambia Power Report Q4 2013
Sep 4th 2013, 00:00

Price: $ 1295  

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 exports, with Zambia due to become a net exporter during our 10-year forecast period. In our revised quarterly power report, BMI forecasts that Zambia's overall power generation will i ...

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