Angola Power Market Size, Trends, Regulations, Competitive Landscape and Forecast, 2022-2035
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
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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
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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)
|CAGR of >7%
|Thermal Power, Hydropower, and Renewable Power
|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.
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
2.1 Angola Power Market
2.2 GlobalData Report Guidance
3 AngolaPower Market, Snapshot
3.1 Country Summary
3.2 Macroeconomic Factors
3.3 Supply Security
3.6 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.
9.2 Market Definitions
Modelling and Forecasting
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| 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
| 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
What was the Angola power market size in 2021?
The total power generation in the Angola power market was 15TWh in 2021.
What is the Angola power market growth rate?
The Angola power market’s total electricity generation is projected to grow at a CAGR of more than 7% during the forecast period.
What are the key sectors in the Angola power market?
The key sectors in the power market in Angola are thermal power, hydropower, and renewable power.
Which are the key companies in the Angola power market?
The key power companies in Angola are Public Electricity Production Company (PRODEL-EP), the National Electricity Transport Company (RNT-EP), and the National Electricity Distribution Company (ENDE-EP).
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