Senegal s energy storage power generation period costs

How much does electricity cost in Senegal?

Due to dependence on expensive liquid fuels for 90 percent of power generation, Senegal has some of the highest generation costs in Africa. While electricity generation costs range from 34 to 38 cents per kilowatt hour, consumers pay roughly 24 cents per kilowatt hour with the difference covered by government subsidies.

What is the main energy source in Senegal?

Oil is the most important energy source in Senegal. HFO is the main source of electricity generation, with ensuing economic and environmental costs. Senegal is not an oil producer and depends entirely on imports to meet its demand for crude oil and oil products.

Can Senegal use natural gas to generate electricity?

Senegal has major ambitions to use domestic gas resources to generate electricity through its “gas--to--power” strategy decided in 2018, which aims to reduce national energy dependence on oil and coal by incentivising investment in natural gas as a transitory fuel in the energy transition.

Can Senegal scale up energy investment?

However, there are still various challenges to scaling up energy investment. The lack of a visible and comprehensive pipeline of energy projects could prevent Senegal from realising the required investment needs and the goal of reducing energy costs while abating emissions.