Rwanda Plans to Achieve 100% Electricity by 2024

Proshare

Wednesday, February 12, 2019 11:55 AM / By FDC/ Header Image Credit: @RwandaFinance

 

The Rwanda Energy Group (REG) has announced its plans to have full power supply across all homes in the country. Rwanda has 2.4million households of which 1.4million are connected to electricity - 1 million to on-grid electricity and 400,000 off-grid.

 

According to the REG report in 2018, 42% of Rwanda's population has access to electricity which is at par with the African electricity access rate: 31% grid-connected and 11% off-grid.

 

In the country, the 216 MW installed electricity generation capacity is about 13.4% of the total potential generation capacity of 1,613 MW as at 2018. Rwanda is endowed with considerable energy resources such as hydro, solar, peat, gas, and biomass yet to be fully exploited. The country has endured energy crises in the last three decades, and is set to make giant strides in improving electrification.

 

The REG has ambitious targets to achieve 512 MW installed power generation capacity, from its current 216 MW power generations and have universal access (100%) by 2023/24. It is also determined to achieve 52% on-grid connections and 48% off-grid connections by 2023/24.

 

The government is also using policies, plans, strategies, legal frameworks, incentives, assets and guarantees to attract investors and private sector energy developers, who would assist in achieving the aspirations and fulfil the ambitious mission targets of 100% electricity access to the whole of Rwanda by 2023/24.


 Proshare Nigeria Pvt. Ltd.


Related to Rwanda

  1. Rwanda: Open For Business
  2. Rwanda Central Bank Rolls Out Basel III Liquidity Measurement Regime
  3. Opportunity Meets Doggedness: Rwanda's Technology Miracle
  4. Rwanda Development Board Announces Investment Opportunities in Luxury and Leisure Tourism
  5. Leadership Lessons from Rwanda
  6. Pointers this time from Ethiopia and Rwanda

 

Proshare Nigeria Pvt. Ltd.


Related News

  1. Clean Energy, An Obvious Solution
  2. New Electricity Tariffs: Questions by Reuben Abati
  3. Nigeria Must Sustain Energy Mix Strategy In 2020 - Segun Adaju
  4. Equatorial Guinea Courts $1bn to Diversify Energy Sector
  5. New Electricity Tariff to Kick in From April 01 2020
  6. NERC Orders DisCos to Increase Tariff from January 01 2020
  7. FG Signifies Financial Commitment to Siemens Agreement
  8. Electricity Tariff Hike Imminent
  9. Solving The Liquidity Crunch In The Nigerian Power Sector
  10. Wartsila Modular Block Solution to Modernise Power Generation in a Malian Gold Mine
  11. Power: Discos Remain The Weakest Link

 

 Proshare Nigeria Pvt. Ltd.

 

 

READ MORE:
Related News
SCROLL TO TOP