67%
electrification rate in 2019
Senegal energy report
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.
Update:
October 2020
Format:
3 files (PDF report, 2 Excel files)
Pages:
30 (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
- Senegal has updated its oil and gas codes and aims at ensuring universal access to electricity.
- The Government has set a target of 30% of renewables in the power mix by 2025.
- Senelec is the main power producer with about half of the production capacity. It owns the transport network and most of the distribution network.
- International oil companies are active in the upstream oil sector, while Total dominates the retail oil market.
- Senegal recently discovered significant offshore oil and gas resources.
- Most of the power capacity is covered by oil, but wind and solar capacities are increasing rapidly.
- Fuel prices are among the highest in Western Africa.
- Senelec increased prices in 2020 to reflect cuts in oil subsidies that raised production costs.
- Energy consumption has doubled since 2000 and electricity consumption has increased nearly 5-fold.
- Oil supplies 57% of the total energy consumption and biomass over 35%.
- Senegal plans to convert its coal and oil-fired plants to gas over the next year, as its offshore gas fields are planned to come on stream around 2022.
- Senegal is developing many power transmission and distribution projects, including interconnection projects with Mali.
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
Oil:
There is no oil production. Supplies are covered by imports of either crude oil or refined products. In 2019, Senegal imported 1 Mt of crude oil and 1.9 Mt of oil products.
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
Oil:
Promising oil discoveries will turn the country into an oil producer. In 2017, the World Bank approved US$29m in financing to develop the oil sector, especially to help the government oversee oil and gas development and be more transparent in negotiations.
- GENERAL OVERVIEW
- INSTITUTIONS AND ENERGY POLICY
- ENERGY SUPPLY
- ENERGY PRICES
- ENERGY CONSUMPTION
- ISSUES AND PROSPECTS
- DATA TABLES
- ABBREVIATIONS
- GLOSSARY
Below is a list of the Senegal energy market report graphs:
- GRAPH 1: CO2-energy emissions (MtCO2)
- GRAPH 2: Installed electric capacity by source (2019, %)
- GRAPH 3: Gross power production by source (TWh)
- GRAPH 4: Power generation by source (2019 %)
- GRAPH 5: Gasoline & diesel prices (US$/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 (2019, %)
- GRAPH 9: Final consumption market share by sector (2019, %)
In the Senegal 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 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:
- 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.
- Senegal Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Senegal 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 Senegal 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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