Angola Renewable Energy Policy Handbook, 2022 Update
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
Angola aims to increase the national electrification rate to 60% by 2025. The country is targeting to increase the cumulative installed capacity of solar PV to 100 MW, small hydro to 100 MW, wind power to 100 MW, and biopower to 500 MW by 2025.
The Angola renewable energy policy handbook offers comprehensive information on major policies governing the renewable energy market in the country. The report also discusses renewable energy targets and plans along with the present policy framework, giving a fair idea of the overall growth potential of the renewable energy industry. Moreover, the report provides major technology-specific policies and incentives provided in the country.
What are the market dynamics in the Angolan renewable energy market?
The Ministry of Energy and Water (MINEA) is responsible for formulating, executing, and monitoring energy, water, and sanitation policies. The Instituto Regulador do Sector Eléctrico (IRSEA) is the relevant regulatory body under the ministry that takes care of the power sector-related policies and developments in the country.
Increasing electric power availability to diversify the economy and meet the increasing energy demand of a growing population is among the Angolan Government’s highest stated priorities. The renewable power sector, especially solar photovoltaic (PV) and wind power is expected to be promoted by the government through portfolio standards and Feed-in Tariffs (FiTs). These power sources have relatively high potential in Angola and effective governmental intervention should see considerable investment taking place in this space.
What are the major policies & incentives in the Angola renewable energy market?
The major policies & incentives in the renewable energy market in Angola are Hydrogen Energy, The General Electricity Act 2014, National Renewable Energy Strategy, Public-Private Partnership (PPP) Law, The Angola 2025 Long Term Strategy, and Sustainable Energy for All 2030 Goals.
Hydrogen Energy
The government has not yet framed any policies and regulations related to this hydrogen energy. However, the market for green hydrogen is expected to grow in the coming years with private companies conducting feasibility studies for building green hydrogen facilities in the country. In November 2021, Sonangol, Angola’s state oil company, signed a Memorandum of Understanding (MoU) with Germany’s Gauff & Company Engineering to assess the possibility of building a green hydrogen facility in the country.
The General Electricity Act, 2014
The purpose of the General Electricity Act is to redefine the roles of the main companies engaged in the power sector, establish a strong rationale for tariff decisions, and synchronize with other legislations related to the development of the country. The regulations of the General Electricity Act have opened the energy sector to private sector investment and Public-Private Partnerships (PPPs). This law also enabled the provincial governments to grant licenses.
National Renewable Energy Strategy
Angola did not have a dedicated policy for renewable power development until 2014. In 2015, the National Renewable Energy Strategy was approved establishing specific targets for various renewable energy sources by 2025 with a total target of 800 MW (excluding large hydropower).
Public-Private Partnership Law
The PPP Law was enacted in 2011 and it provides for a blanket regulation of all PPP projects including investments in the energy sector – from the initial conceptual stages to adjudication and subsequent follow–up on the implemented projects. The purpose of the PPP Law is to define the general terms applicable to the involvement of the State in the various stages of a public-private partnership. The PPP Law provides the general legal basis for public-private partnerships in Angola, which should enable the state to take advantage of the management capabilities of the private sector to improve the quality of services delivered by the state and to save money.
To know more about renewable energy policies in Angola, download a free report sample
Market report scope
Major policies & incentives | Hydrogen Energy, The General Electricity Act 2014, National Renewable Energy Strategy, Public-Private Partnership (PPP) Law, The Angola 2025 Long Term Strategy, and Sustainable Energy for All 2030 Goals |
Scope
- The report covers policy measures and incentives used by Angola to promote renewable energy.
- The report details promotional measures in Angola both for the overall renewable energy industry and for specific renewable energy technologies that have potential in the country.
Reasons to Buy
The report will enhance your decision-making capability in a more rapid and time-sensitive manner. It will allow you to:
- Develop business strategies with the help of specific insights about policy decisions being taken for different renewable energy sources.
- Identify opportunities and challenges in exploiting various renewable technologies.
- Compare the level of support provided to different renewable energy technologies in the country.
- Be ahead of the competition by keeping yourself abreast of all the latest policy changes.
Table of Contents
Table
Figures
Frequently asked questions
-
What are the major policies & incentives in the Angola renewable energy market?
The major policies & incentives in the renewable energy market in Angola are Hydrogen Energy, The General Electricity Act 2014, National Renewable Energy Strategy, Public-Private Partnership (PPP) Law, The Angola 2025 Long Term Strategy, and Sustainable Energy for All 2030 Goals.
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.