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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, which has promised to end load-shedding by the end of 2013. This will be a great relief to a country that has been continually plagued by blackouts, denting productivity and investor inte ...
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