45%
share of renewables in the 2030 mix.
Ivory Coast energy report
This analysis includes a comprehensive Ivory Coast energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2020 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.
Update:
April 2022
Format:
3 files (PDF report, 2 Excel files)
Pages:
27 (Report only)
Delivery:
Immediate by e-mail
Price:
790 €
Price without VAT. Depending on your statute and location, VAT might be applicable. Get in touch with us for more information.
After validation, you will immediately receive 3 files by email (one pdf report and 2 excel files containing the datasets).
Highlights
- Ivory Coast aims for renewables to represent 45% of the electricity mix in 2030.
- The updated NDC increased the GHG emission reduction target to 33% by 2030.
- Most of natural gas is produced by the Foxtrot consortium, while CNR accounts for 94% of crude oil output.
- The power sector is dominated by CIPREL and Azito Energy (60% of total production).
- Gas production is growing regularly.
- Gas covers around 70% of the power mix.
- Gasoline and diesel prices increased by 15% in 2020.
- Biomass represents 60% of total consumption.
- The electrification rate increased from 34% in 2011 to 94% in 2020.
- A capacity of around 800 MW should be commissioned in 2022.
- The 700 MW San-Pedro coal power plant was cancelled.
27kb/d
oil production from the Espoir & Baobab fields.
60%
share of biomass in total consumption.
Abstract
Institutions & Energy Policy
The Ministry of Petroleum, Energy and Renewable Energies is responsible for the implementation and monitoring of the energy policy through two directorates (hydrocarbons and energy). It oversees the state-owned energy companies.
The Ministry of Environment and Sustainable Development is in charge of climate policy and renewables.
Energy Companies
Gas:
Foxtrot (an affiliate of Bouygues) operates the CI-27 block (Foxtrot), which accounts for 2/3 of the country's natural gas output (around 1.8 bcm in 2020, +13%). The company holds a 24% participating interest in the block, alongside Petroci (40%), Seci (24%), and Enerci (12%).
The other gas producers are CNR (26% of total gas output) and Petroci (8%).
Energy Supply
Oil:
In 2020, crude oil production dropped to 1.5 Mt (-17%). Previously, it had been growing very rapidly (14%/year), to reach 1.8 Mt in 2019. Most of Ivory Coast's oil is produced from the CI-40 block (Baobab) with 21 kb/d in 2020 (-21%, 72% of total output). The drastic decrease in the Baobab field was due to the COVID-19 pandemic and the depletion of the field.
Energy Prices
Electricity:
Electricity tariffs are set by the government. There are 7 different electricity plans, including a social tariff. The electricity prices for industry and households stabilized in 2021 (reaching US$12c/kWh and US$13.7/kWh respectively) after increasing by 3%/year and 2%/year since 2016. In 2019, the government lowered the social tariff by 20%.
Energy Consumption
Energy consumption per inhabitant was around 0.41 toe in 2020 (-15% since 2013), which is higher than in Senegal (0.27 toe) and Ghana (0.39 toe), but lower than in Nigeria (0.79 toe). Per capita electricity consumption has increased by 27% since 2013 to 291 kWh, which is higher than in Nigeria (140 kWh) and Senegal (275 kWh), but much lower than in Ghana (485 kWh).
Issues & Prospects
The IMF expects sustained economic growth at more than 6% for the next 5 years.
- GENERAL OVERVIEW
- INSTITUTIONS AND ENERGY POLICY
- ENERGY COMPANIES
- ENERGY SUPPLY
- ENERGY PRICES
- ENERGY CONSUMPTION
- ISSUES AND PROSPECTS
- DATA TABLES
- ABBREVIATIONS
- GLOSSARY
Below is a list of the Ivory Coast energy market report graphs:
- GRAPH 1: CO2-energy emissions (MtCO2)
- GRAPH 2: Installed electric capacity by source (2020, %)
- GRAPH 3: Gross power production by source (TWh)
- GRAPH 4: POWER GENERATION BY SOURCE (2020, %)
- GRAPH 5: Gasoline & diesel prices (US$/l)
- GRAPH 6: Electricity prices for industry and households (US$c/kWh)
- GRAPH 7: Consumption trends by energy source (Mtoe)
- GRAPH 8: Total consumption market share by energy (2020, %)
- GRAPH 9: Final consumption market share by sector (2020, %)
In the Ivory Coast energy market report you will find the following tables:
- Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
- Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
- Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
- Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
- Infrastructure Projects: Covers power plant projects by energy, technology, status and operator.
The Ivory Coast energy market data since 1990 and up to 2020 is included in the Excel file accompanying the Ivory Coast country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
- Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
- Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
- Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
- Energy Balance: total and per energy.
- Ivory Coast Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Ivory Coast energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).
The Ivory Coast country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.
Data included in the excelsheet:
- New capacities: Current power mix, installed capacity at date, capacity under construction and under development.
- Power Sector Performances: Historical data on installed capacity, power generation, thermal power plants inputs, average thermal power plant efficiency, CO2 emissions of the power sector, carbon factor of the power sector.
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