67%
electrification rate in 2019
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This analysis includes a comprehensive Senegal 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 2019 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.
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Highlights
67%
electrification rate in 2019
60%
of oil-fired power capacity in 2019
30%
target of renewables in energy mix by 2025
Abstract
Institutions & Energy Policy
The Ministry of Petroleum and Energy prepares and implements the country's energy policy and supervises the public energy companies.
The Ministry of Environment and Sustainable Development looks after environmental issues. The Ministry of Finance and Budget plays an important part in the financing of investments and energy prices.
Energy Supply
Resources:
Senegal is historically very poor in energy resources, except for biomass. Forest cover is decreasing rapidly (43% of the country's land area in 2015, compared to 70% twenty years ago). Estimates of gas reserves in Senegal were revised upward to 214 bcm in 2018 following recent discoveries (they could even rise to 450 bcm).
Energy Prices
Electricity:
Electricity prices are regulated by the CRSE. It sets the tariffs according to the principle of a price ceiling. Electricity prices are subsidised and Senelec receives compensation from the government.
Energy Consumption
Per capita energy consumption is 0.29 toe, including approximately 270 kWh of electricity (2019).
Total energy consumption is growing rapidly (+3.6%/year, on average, since 2000) and reached 4.7 Mtoe in 2019, nearly twice its 2000 level.
In 2019, oil covered 57% of the country's energy needs, biomass (mainly wood) 35%, and coal 7%.
Issues & Prospects
Gas:
Large gas resources were discovered in the Grand Tortue Ahmeyim (GTA) gas field in 2014 between Senegal and Mauritania, that are estimated to hold around 15 Tcf (around 425 bcm) of gas. The governments of Senegal and Mauritania signed an agreement in 2018 to equally split resources, taxes and revenues.
Below is a list of the Senegal energy market report graphs:
In the Senegal energy market report you will find the following tables:
The Senegal energy market data since 1990 and up to 2019 is included in the Excel file accompanying the Senegal country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
The Senegal country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.
Data included in the excelsheet:
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