Africa finds itself in a unique position within this global tapestry. The countries that develop a clear and effective strategy in this transition will likely secure substantial gains in a world where carbon becomes increasingly costly and digitalisation amplifies our energy demands.
The plant dispatches power to the national electricity distributor Senelec, and reliability of supply is essential. The Wärtsilä agreement is designed to ensure that the customer’s commercial and contractual terms and conditions are met. The order was booked by Wärtsilä in March 2023.
However, delivering on this ambitious plan will require enormous investments, estimated at $18.7 Billion until 2030 and $425 Billion until 2060.
With its massive gas reserves and billions of dollars of investment flowing in to monetize them, Mozambique has a unique opportunity to deploy a flexible power strategy that will bring major benefits across both its domestic and regional electricity markets.
