Senegal new outdoor power supply price

Due to dependence on expensive liquid fuels for 90 percent of power generation, Senegal has some of the highest generation costs in Africa. While electricity generation costs range from 34 to 38 cents per kilowatt hour, consumers pay roughly 24 cents per kilowatt hour with the difference covered by government subsidies.

Total energy consumption is growing rapidly (+5%/year, on average since 2013, including + 16% in 2023) and reached 6.2 Mtoe in 2023, almost 2.6 times its 2000 level. The Yakaar-Teranga natural gas field, located offshore Senegal, is developed by Kosmos Energy (90%).

State-owned power company Senelec still produces electricity but has a new emphasis on on gas-to-power projects. Senegal is undertaking additional reforms to the state-owned power company, calling for the unbundling of the utility into three independent entities: production, transmission, and distribution.

The Government of Senegal objective to reach universal electricity access by 2025 relies on access to affordable electricity services in large areas of the country that are currently only partially served.

The Government of Senegal is committed to diversifying its energy mix by adding solar and increasing wind to the grid. While awaiting first gas in 2023, the government hopes to import LNG as a bridging measure and convert all current HFO plants to gas-to-power plants.

Senegal supports regional energy cooperation as a member of the West African Power Pool (WAPP) and is a member of regional organizations to develop hydroelectricity resources on the Senegal (OMVS – Senegal River Basin Development Organization) and Gambia (OMVG – Gambia River Basin Development Organization) rivers.