Forecast: Renewable Electricity in Angola

From 2013 to 2023, Angola's renewable electricity production showed a fluctuating pattern. A noticeable dip occurred between 2013 and 2015, followed by a remarkable growth period from 2016 to 2018. Post-2018, the trend stabilizes but shows a slight decline, with year-on-year reductions observed consecutively from 2021 to 2023. As of 2023, renewable electricity production stands at a value. Over the past two years, the annual decline averaged around 0.26%. The average annual growth rate (CAGR) over the last five years is -1.02%, reflecting a slight overall decrease.

Forecasts from 2024 to 2028 indicate a marginal decline with a forecasted annual average growth rate of -0.17%. The outlook suggests a relatively stable but slightly decreasing trend in renewable electricity production.

Future trends to watch for:

• Technological advancements in renewable energy
• Government policies and incentives for renewable energy
• Investments in infrastructure and grid capacity
• Global climate commitments and their influence on local energy policies