Forecast: Renewable Power Generation in East Africa

The renewable power generation in East Africa has seen a steady increase over the past decade. In 2023, the generation stood at 11.61 Terawatt hours (TWh), marking a consistent upward trend from 2013's 3.99 TWh. The year-on-year growth rates peaked between 2014 and 2015, with a notable sharp increase of 34.47% and 38.35% respectively. However, more recent years from 2020 onward show a stabilization in growth, with the year-on-year increase averaging around 5%. The compounded annual growth rate (CAGR) has moderated from a high of 19.31% in 2015 to approximately 5.96% in 2023.

Future trends point towards a more modest but steady growth, with a forecast 5-year CAGR of 3.41%, leading to an estimated generation of 14.39 TWh by 2028. Key trends to watch for include advancements in renewable technology, governmental policy shifts, and regional investments in infrastructure, which could further influence the growth trajectory.