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Mozambique approves an US$80bn Energy Transition Strategy to 2050

The government of Mozambique has approved a US$80bn Energy Transition Strategy to 2050, which notably includes the addition of 2 GW of hydropower capacity by 2030 and the expansion of the transmission grid to allow for the addition of more renewable energy in Mozambique. The new hydropower capacity will be reached by upgrading existing plants and completing the country’s new 1.5 GW Mphanda Nkuwa hydro project. The plan also includes a shift towards electric vehicles to reduce emissions from the transport sector.

The Energy Transition Strategy, approved by Mozambique’s Council of Ministers, will be officially presented to international partners and potential donors on 2 December 2023.

The government of Mozambique previously announced that the country aimed to reach an electrification rate of 100% by 2030 (up from 44% in 2022), and to double hydropower capacity by 2025 (as of end-2021, Mozambique’s installed capacity stood at 2.9 GW, of which 77% is hydro). The country also plans to reduce its GHG emissions by around 20% in 2025, under condition of international support.

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