Electricity in Equatorial Guinea in 2023

In 2023, electricity consumption in Equatorial Guinea relies heavily on fossil fuels, with more than two-thirds of its electricity generated from gas. On the other hand, just over 30% of electricity comes from low-carbon sources, all of which is generated through hydropower. This substantial reliance on fossil fuels contributes significantly to carbon emissions and air pollution. Despite this, the existence of a considerable share of low-carbon electricity presents a noteworthy foundation for future expansions in clean energy.

Suggestions

To increase its share of low-carbon electricity generation, Equatorial Guinea can consider diversifying its energy portfolio by investing in technologies like solar, wind, and nuclear power. Countries like Denmark have successfully harnessed wind to generate over half of their electricity, and Lebanon's significant reliance on solar energy demonstrates its potential. Additionally, learning from France and Slovakia, which generate most of their electricity from nuclear energy, Equatorial Guinea could explore establishing nuclear infrastructure, given its benefits in providing a steady and sustainable power supply without carbon emissions.

History

Looking at the historical trends, Equatorial Guinea's development in low-carbon electricity has been primarily driven by hydropower. There was minimal change from the early 1990s through to the 2000s, with slight increases in hydroelectric generation observed in the early 2010s. Despite these small increments, the overall growth in hydroelectric production has since stagnated. This historical stagnation underscores the importance of diversifying energy sources beyond just hydropower to effectively boost clean energy capacity in the future.

Electricity Imports and Exports

Balance of Trade

Data Sources