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Senegal Hydroelectric Power Plant Industry Analysis
Current Scenario:
Senegal has a significant potential for hydroelectric power generation due to its rivers and topography. The country currently has a total installed capacity of 194 MW from six operational hydroelectric power plants. These plants include the Manantali (Mali), Felou (Mali), Djilor (Senegal), Maka-Diama (Senegal), Koukoutamba (Senegal) and Tob?ne (Senegal) plants.
In 2020, hydroelectric power accounted for approximately 27% of Senegal's total installed capacity and provided around 19% of the country's electricity supply. The Manantali hydroelectric power plant, which is located on the Senegal River and is operated jointly with Mali and Mauritania, is the largest hydroelectric power plant in the country, with a capacity of 200 MW.
Construction of new projects:
Senegal is currently planning to expand its hydroelectric power capacity with several new projects. These include the Sambangalou hydroelectric power plant, which is a joint project with Guinea, with a planned capacity of 128 MW. The plant is expected to start operations in 2023.
Another project is the Gouina hydroelectric power plant, which is also a joint project with Mali. The plant is expected to have a capacity of 140 MW and is currently under construction, with completion scheduled for 2023.
In addition, the country is also planning to develop other smaller hydroelectric power plants, such as the Kounoune 2 plant with a capacity of 18 MW and the Kandiole plant with a capacity of 29 MW.
Major drivers:
The main drivers of the hydroelectric power industry in Senegal are the country's growing electricity demand and its abundant hydro resources. Senegal's electricity demand is expected to increase rapidly due to the country's economic growth and urbanization. This is driving the need for additional electricity generation capacity to meet the growing demand, with hydroelectric power being a key source of renewable energy.
Furthermore, the government has prioritized the development of renewable energy sources, including hydroelectric power, as part of its efforts to increase the share of renewable energy in the country's energy mix. This is also in line with the country's commitments to reduce greenhouse gas emissions under the Paris Agreement.
Industry outlook:
The hydroelectric power industry in Senegal is expected to continue to grow, with the government's plans to increase the share of renewable energy in the country's energy mix and meet the growing electricity demand. The development of new hydroelectric power plants, such as the Sambangalou and Gouina projects, will contribute to this growth.
However, the industry may face challenges such as financing constraints and environmental concerns related to dam construction. In addition, the variability of water availability due to climate change may affect the reliability of hydroelectric power generation.
Overall, with the government's commitment to renewable energy and the country's significant hydro resources, the hydroelectric power industry in Senegal has strong potential for growth in the coming years.
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