Tanzania Power Market Size, Trends, Regulations, Competitive Landscape and Forecast, 2022-2035
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In Tanzania power market, the cumulative installed capacity was valued at 2.5 GW in 2021. The installed capacity is expected to grow at a CAGR of more than 8% during 2021-2035. The electricity sector of Tanzania comes under the Ministry of Energy and Minerals and is regulated by the Energy and Water Utilities Regulatory Authority (EWURA). Its objectives include protecting stakeholder interests and ensuring that service providers’ financial viability is sustained. The EWURA has the authority to issue licenses, formulate and enforce quality codes and standards, review and determine rates and charges, approve power purchase agreements (PPA), ensure supply security and energy efficiency, promote effective competition and economic efficiency.
The Tanzania power market report discusses the power market structure 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 also provided. The report 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.
Overview of Tanzania power market
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What are the market dynamics in Tanzania power market?
The Tanzanian economy has shown a fair degree of resilience against global turmoil by not demonstrating any negative growth rates during the pandemic. The country’s growth has been scripted by major discoveries related to natural gas in onshore and offshore fields, along with other mining industries that have created new investment opportunities in the country. Tanzania relies on several energy resources for its power generation. Tanzania depends significantly on thermal and hydropower for meeting its electricity supply needs. However, the country is gradually shifting from its dependence on hydropower due to supply security factors during drought and looking to develop coal-based thermal power. Tanzania has large proven fossil fuel reserves which will be enough to meet 60% of its supply needs. Independent power producers (IPPs) and small power producers (SPPs) have become important parts of the grid-based electricity supply framework.
What are the key sectors in the Tanzania power market?
The key sectors in the Tanzania power market are thermal power, hydropower, and renewable power.
The Ministry of Energy and Minerals formulates and implements its oil & gas exploration and development policies through the Tanzania Petroleum Development Corporation (TPDC). The country is looking to develop coal based thermal power. The country had leveraged its natural resources to develop hydropower capacity. Three of the major lakes in Africa are partly within Tanzania – Lake Victoria, Lake Tanganyika, and Lake Nyasa. The Kalambo waterfalls which is the second highest interrupted falls in the African continent is also in Tanzania. However, the discovery of gas and coal reserves and shortage of rainfall and drought led the government to diversify its power capacity mix.
Tanzania power market, by key sectors
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Who are the key companies in the Tanzania power market?
The key companies in the Tanzania power market are Tanzania Electric Supply Co Ltd, China Poly Group Corporation, Globeleq Africa Ltd, and Independent Power Tanzania. TANESCO was the leading power-generation utility in the country in 2021 in terms of installed capacity.
Market report scope
Installed capacity (Year – 2021) | 2.5 GW |
Growth rate | CAGR of >8% |
Forecast period | 2021-2035 |
Key sectors | Thermal Power, Hydropower, and Renewable Power |
Key players | Tanzania Electric Supply Co Ltd, China Poly Group Corporation, Globeleq Africa Ltd, and Independent Power Tanzania |
This report provides:
- Snapshot of the country’s power sector across parameters – macroeconomics, supply security, generation infrastructure, transmission infrastructure, electricity imports 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.
China Poly Group Corporation
Globeleq Africa Ltd
Independent Power Tanzania
Table of Contents
Frequently asked questions
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What is the cumulative installed capacity of the Tanzania power market in 2021?
The cumulative installed capacity of the Tanzania power market was 2.5 GW in 2021.
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What is the Tanzania power market growth rate?
The Tanzania power market cumulative installed capacity is projected to grow at a CAGR of more than 8% during the period 2021-2035.
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What are the key sectors in the Tanzania power market?
Key sectors in the Tanzania power market include thermal power, hydropower, and renewable power.
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Who are the key companies in the Tanzania power market?
The key companies in the Tanzania power market are Tanzania Electric Supply Co Ltd, China Poly Group Corporation, Globeleq Africa Ltd, and Independent Power Tanzania.
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