Angola Power Market Size, Trends, Regulations, Competitive Landscape and Forecast, 2022-2035

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

The total power generation in Angola was 15TWh in 2021. The total electricity generation is expected to grow at a CAGR of more than 7% during the forecast period. Thermal power and hydropower are used as the primary source of power generation in Angola. However, the country’s hydropower potential will be exploited and there will be an increase in renewable energy power production.

The Angola power market report discusses the power market structure of Angola and provides historical and forecast numbers for capacity, generation, and consumption up to 2035. Detailed analysis of the country’s power market regulatory structure, competitive landscape, and a list of major power plants are provided. The report also gives a snapshot of the power sector in the country on broad parameters of macroeconomics, supply security, generation infrastructure, transmission and distribution infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential. An analysis of the deals in the country’s power sector is also included in the report.

Angola power market overview

Angola power market overview

For more insights on this report, download a free report sample

What are the market dynamics in the Angola power industry?

Angola’s energy demand is expected to witness a growing trend based on the electrification rate in provincial capitals, municipal townships, and communal townships. The country is planning to give priority to grid extension and is increasing power capacity in all sub-systems through a strong reliance on hydro and partially on gas and oil. The country is also increasing its renewable energy capacity and is expected to witness the highest growth rate in this sector during 2021-2035. Biopower and solar PV are expected to add a significant share to meet the renewable energy target. The government is making an effort to reduce the sector’s reliance on subsidies and encourage outside investment into the sector.

The development of the energy sector in Angola is solely managed by the Ministry of energy and Water (MINEA). The country also has a national regulatory agency called Instituto Regulador do Sector Eléctrico (IRSE). The Angolan government is prioritizing the increase of electric power availability in the country to diversify the economy and meet the increasing energy demand of a growing population. The government’s announcement to reduce government subsidies will result in higher fuel and electricity prices. This is expected to create demand for renewable energy solutions.

The renewable power sector, especially solar photovoltaic (PV) and wind power are expected to be promoted by the government through portfolio standards and feed-in-tariffs (FiTs). These energy sources have relatively high potential and effective governmental intervention should see considerable investment taking place in this direction.

What are the key sectors in the Angola power market?

The key sectors in the Angola power market are thermal power, hydropower, and renewable power. Within thermal power sources, oil was the dominant technology followed by gas. Major hydropower is on the river basin of the Kwanza River. Government focuses highly on increasing electric power availability through hydropower in order to diversify the economy and meet the increasing energy demand of a growing population. In 2021, within renewable power, biopower held the dominant share followed by solar PV.

Angola power market, by sector

Angola power market, by sector

For more sector insights, download a free report sample

Which are the key companies in the Angola power market?

The key companies in the power market in Angola are Public Electricity Production Company (PRODEL-EP), the National Electricity Transport Company (RNT-EP), and the National Electricity Distribution Company (ENDE-EP). The government of Angola established them in 2014. The Public Electricity Production Company (PRODEL-EP) has been assigned as a power generation company.

Market report scope

Total power generation (2021) 15TWh
Growth rate CAGR of >7%
Forecast period 2022-2035
Key sectors Thermal Power, Hydropower, and Renewable Power
Key players Public Electricity Production Company (PRODEL-EP), National Electricity Transport Company (RNT-EP), and National Electricity Distribution Company (ENDE-EP)

This report provides:

  • Snapshot of the country’s power sector across parameters – macroeconomics, supply security, generation infrastructure, transmission infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential of the power sector.
  • Statistics for installed capacity, generation, and consumption from 2010 to 2021, and forecast for the next 14 years to 2035.
  • Capacity, generation, and major power plants by technology.
  • Data on leading active and upcoming power plants.
  • Information on transmission and distribution infrastructure, and electricity imports and exports
  • Policy and regulatory framework governing the market.
  • Detailed analysis of top market participants, including market share analysis and SWOT analysis.

Reasons to Buy

  • Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the country’s power sector.
  • Identify key factors driving investment opportunities in the country’s power sector.
  • Facilitate decision-making based on strong historic and forecast data.
  • Develop strategies based on the latest regulatory events.
  • Position yourself to gain the maximum advantage of the industry’s growth potential.
  • Identify key partners and business development avenues.
  • Identify key strengths and weaknesses of important market participants.
  • Respond to your competitors’ business structure, strategy, and prospects.

Empresa Nacional de Electricidade - E.P.

Table of Contents

| Table of Contents

| Table of Contents

1 Executive Summary

1.1 Hydropower to dominate Angola power generation by 2035

1.2 Solar PV and onshore wind to lead renewable power market in Angola

2 Introduction

2.1 Angola Power Market

2.2 GlobalData Report Guidance

3 AngolaPower Market, Snapshot

3.1 Country Summary

3.2 Macroeconomic Factors

3.3 Supply Security

3.4 Opportunities

3.5 Challenges

3.6 Impact of COVID-19

4 Angola Power Market, Market Analysis

4.1 Market Structure

4.2 Key Market Players

4.3 Financial Deals

 Deal Value and Volume, 2010–2021

4.4 Angola Power Market, Demand Structure

 Power Consumption by Sector, 2021

5 Angola Power Market, Regulatory Scenario

5.1 Power Energy Market, Overview

5.2 Hydropower policy

5.3 Thermal policy

5.4 The General Electricity Act, 2014

5.5 Public Private Partnership (PPP) Law

5.6 Long Term Strategy Angola 2025

5.7 National Development Plan 2013–2017

5.8 The National Energy Security Strategy and Policy

5.9 Sustainable Energy 4 All (SE4ALL) Goals

5.10 Regional Policy for Universal Access to Modern Energy 2014–2030

5.11 National Renewable Energy Strategy

5.12 Ministry of Energy and Water Action Plan 2013–2017

5.13 Funds and Grants

5.14 Contracts and Agreements

6 Angola Power Market, Capacity and Generation

6.1 Cumulative Capacity Share by Technology, 2021

6.2 Total Power Capacity and Generation, 2010–2035

6.3 Thermal Power Capacity and Generation, 2010–2035

6.4 Hydropower Capacity and Generation, 2010–2035

6.5 Renewable Power Capacity and Generation, 2010–2035

7 Angola Power Market, Transmission and Distribution Overview

7.1 Transmission Network

7.2 Distribution Network

7.3 Grid Interconnection

8 Angola Power Market, Major Generating Companies

8.1 Empresa Nacional de Electricidade – E.P.

 Company Overview

 Business Description

 SWOT Overview

9 Appendix

9.1 Abbreviations

9.2 Market Definitions

 Power

 Renewable Power

 Installed Capacity

 Electricity Generation

 Electricity Consumption

9.3 Methodology

 Coverage

 Secondary Research

 Primary Research

 Modelling and Forecasting

| Contact Us

Table

| List of Tables

Table 1: Power Market, Angola, Macroeconomic Factors, 2010–2030

Table 2: Power Market, Angola, Cumulative Capacity and Annual Generation, 2010–2035

Table 3: Power Market, Angola, Cumulative Capacity and Annual Generation Share by Technology, 2010–2035

Table 4: Thermal Power Market, Angola, Cumulative Capacity and Annual Generation, 2010–2035

Table 5: Thermal Power Market, Angola, Major Plants, 2021

Table 6: Hydropower Market, Angola, Cumulative Capacity and Annual Generation, 2010–2035

Table 7: Hydropower Market, Angola, Major Plants, 2021

Table 8: Renewable Power Market, Angola, Cumulative Capacity (GW), 2010–2035

Table 9: Renewable Power Market, Angola, Annual Generation (TWh), 2010–2035

Table 10: Renewable Power Market, Angola, Major Plants, 2021

Table 11: Power Market, Angola, Transmission Line Length (Ckm) by Voltage Level, 2010–2025

Table 12: Power Market, Angola, Distribution Line Length (Ckm) by Voltage Level, 2010–2025

Table 13: Power Market, Angola, Upcoming Interconnection Projects

Table 14: Abbreviations

Figures

| List of Figures

Figure 1: Power Market, Angola, Capacity Share by Technology, 2010–2035

Figure 2: Renewable Power Market, Angola, Cumulative Capacity, 2010–2035

Figure 3: Power Market, Angola, Country Summary

Figure 4: Power Market, Angola, Macroeconomic Factors, 2010–2030

Figure 5: Power Market, Angola, Market Structure

Figure 6: Power Market, Angola, Market Share of Generation Companies (%), 2021

Figure 7: Power Market, Angola, Deal Value and Number of Deals, 2010–2021

Figure 8: Power Market, Angola, Annual Power Consumption, 2021–2035

Figure 9: Power Market, Angola, Power Consumption by Sector (%), 2021

Figure 10: Power Market, Angola, Cumulative Capacity Share by Technology (%), 2021

Figure 11: Power Market, Angola, Cumulative Capacity and Annual Generation, 2010–2035

Figure 12: Power Market, Angola, Capacity Share by Technology, 2010–2035

Figure 13: Power Market, Angola, Annual Generation Share by Technology, 2010–2035

Figure 14: Thermal Power Market, Angola, Cumulative Capacity and Annual Generation, 2010–2035

Figure 15: Hydropower Market, Angola, Cumulative Capacity and Annual Generation, 2010–2035

Figure 16: Renewable Power Market, Angola, Cumulative Capacity, 2010–2035

Figure 17: Renewable Power Market, Angola, Annual Generation, 2010–2035

Frequently asked questions

Angola Power Market Size, Trends, Regulations, Competitive Landscape and Forecast, 2022-2035 thematic reports
Currency USD
$2,500

Can be used by individual purchaser only

$7,500

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company


Undecided about purchasing this report?

Enquire Before Buying Request a Free Sample

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.

Sample Report

Angola Power Market Size, Trends, Regulations, Competitive Landscape and Forecast, 2022-2035 was curated by the best experts in the industry and we are confident about its unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

  • Assess the relevance of the report
  • Evaluate the quality of the report
  • Justify the cost

Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.

Below is a sample report to understand what you are buying

See what our customers are saying

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

Senior Account Manager, TSYS
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at Angola Power Market Size, Trends, Regulations, Competitive Landscape and Forecast, 2022-2035 in real time.

  • Access a live Angola Power Market Size, Trends, Regulations, Competitive Landscape and Forecast, 2022-2035 dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.