Electricity in Equatorial Guinea in 2022

In 2022, electricity consumption in Equatorial Guinea was heavily reliant on fossil sources, with more than two-thirds (about 67%) of the electricity being generated from gas. However, a significant portion of their electricity, nearly a third, was produced from clean energy sources, specifically hydropower, which contributed the entire 32.65% of their low-carbon electricity generation. This indicates that while the country has made some strides in incorporating hydropower, there is still a large gap to be filled in moving towards a more sustainable and environmentally friendly electricity system.

Suggestions

To enhance low-carbon electricity generation, Equatorial Guinea can look to examples set by other countries that have successfully increased their share of low-carbon electricity. For instance, Denmark and Uruguay have significantly advanced their wind power infrastructure, producing 59% and 36% of their electricity from wind, respectively. Similarly, Greece has made notable improvements in their solar power capabilities, generating 22% of its electricity from solar energy. Equatorial Guinea could benefit from diversifying its low-carbon sources by investing in solar and wind energy, leveraging its geographical advantages and learning from these countries' strategies. Additionally, exploring the potential of nuclear energy, as seen in countries like France where it constitutes 67% of electricity generation, could offer a stable and continuous supply of low-carbon electricity.

History

Historically, Equatorial Guinea has seen little change in its low-carbon electricity production, particularly from hydropower, which remained stagnant through the 1990s and early 2000s. It was not until 2012 that there was a minimal increase in hydroelectric generation, with slight rises in the following years. From 2012 to 2015, there was some progress, with incremental increases in hydropower output, eventually plateauing once more from 2017 onwards. This history underscores the need for a more ambitious approach to scaling up clean energy investments and diversifying low-carbon technologies to ensure a more robust and sustainable electricity supply.

Electricity Imports and Exports

Balance of Trade

Data Sources