Mozambique is set to adopt a groundbreaking energy transition plan that will extend until 2050, with the aim of securing investments of around $80 billion.
This comprehensive strategy aims to propel the country towards a more sustainable future by strengthening renewable energy capacity and ensuring wider availability of electricity.
President Filipe Nyusi is expected to formally present this ambitious energy plan to the international community on December 2 at the COP28 climate summit in Dubai. The plan, approved by the Mozambican Council of Ministers on November 21, outlines crucial initiatives that will take place between 2023 and 2030.
Key elements of the plan include a substantial increase of 2,000 megawatts of hydroelectric capacity through improvements to existing facilities and the completion of the Mphanda Nkuwa hydroelectric project. Additionally, the strategy emphasizes the expansion of the national electricity grid and a significant transition to electric vehicles to reduce emissions in the transport sector.
Building on its entry into the liquefied natural gas market in November 2022, Mozambique envisions that significant gas discoveries, coupled with the untapped potential of renewable energy, will serve as catalysts for economic growth. The implementation of this energy transition plan is part of the country’s broader objectives aimed at promoting development and lifting millions of people out of poverty.
This bold plan from Mozambique demonstrates the country’s commitment to playing an active role in tackling climate change and promoting a cleaner, more sustainable future. Renewable energy will play a key role in this effort, providing both environmental and economic benefits. Mozambique is positioning itself as a regional leader in energy transition and inspiring other countries to follow its example.
This bold decision by Mozambique to focus on renewable energy and commit to a more sustainable future should be welcomed and supported by the international community. It demonstrates that the energy transition is possible even in developing countries, and that it can bring both economic and environmental benefits.
Mozambique is charting a path to a cleaner, more secure energy future. Let us hope that other countries will follow this example and also embark on the path of energy transition for a better and more sustainable world.