in Short

Gabon: its new energy policy presented to investors



On 18 July, Gabonese Energy Minister Tony Ondo Mba outlined the direction of the government’s new energy policy at a meeting with officials of the Gabonese Strategic Investment Fund. (FGIS) to take stock of the conduct of the various structuring projects awaiting financing and a hydroelectric project.
This policy militates inter alia for the provision of the cheapest possible energy for users. A reversal of the energy mix favoring renewable energies to the detriment of thermal energies as well as the cleanest possible energy.
According to Mr. Mba, the government wants to reduce the share of thermal in electricity production from 65% today to 20% and that of hydroelectricity from 35% to 80%.
To meet this challenge, electricity generation from dams will have to grow from 711 megawatts to 1,200 megawatts over the next three years. To make this possible, it will be necessary to realize many hydroelectric dams like those of the big Poubara in Haut-Ogooué in the south-east, of Ngoulmendjim in the Estuary, of Dibwangui or the future barrage of the falls of the Empress, both planned in Ngounié in the south of the country.

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