Mozambique: Electricity production will fall 12% in 2023 – PESOE

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Mozambique: Electricity production will fall 12% in 2023 – PESOE

3:47 CAT | 10 Jan 2023

FILE - For illustration purposes only. [File photo: Notícias]

Mozambique’s electricity production will fall 12% in 2023 compared to forecasts for 2022, in which production fell by 1%. The decline is influenced by the downward forecast for production at the Cahora Bassa Hydroelectric Plant (HCB), which will account for 77% of the production and export structure.

The information is contained in the Economic and Social Plan and State Budget (PESOE) 2023 approved by the Assembly of the Republic on December 9 of last year.

The document states that “for the year 2023, HCB foresees a reduction in the production and sale of energy in the months of April and May, due to the need for intervention works in the return channel, which is shared by generator sets 1, 2 and 3, an intervention that constitutes a fundamental activity to guarantee the safe operation of these generator sets, in addition to being included in the scope of the ‘Read Sul II’ project, which aims at the rehabilitation and modernization of equipment to maximise installed capacity”.

The PESOE forecasts that Electricidade de Moçambique (EDM) hydropower will increase 18% compared to projections for 2022, influenced by the substantial increase in the production of the Corumana, Mavuzi and Chicamba hydro-electric plants due to the rehabilitation of the Moamba-Major dam, which increased the flow of water to the Corumana dam and therefore also electricity generation.

The anticipated production is expected to increase EDM electricity exports to Southern African Development Community (SADC) countries, which currently account for 22% of EDM’s annual revenues, due to the energy crisis experienced there.

Source: Diario Economico