Forecast: Renewable Power Generation in Middle Africa

Renewable power generation in Middle Africa has held a steady but minimal presence from 2013 to 2021, marked by an almost negligible growth in power production at 0.001 Exajoules annually. A significant surge occurred in 2022, with a year-on-year increase of 400%, followed by a -60% decrease in 2023, bringing it to 0.002 Exajoules. These fluctuations indicate volatility in renewable energy investments and grid capacity development over the last three years. The 5-year CAGR up to 2023 is approximately 14.87%, reflecting the recent uptick despite earlier stagnancy.

Looking ahead from 2024, renewable power generation is projected to plateau at 0.002 Exajoules annually, with no forecasted incremental changes by 2028, implying a forecasted 5-year CAGR and growth rate of 0%.

• Renewable power generation remained unchanged from 2013 to 2021.
• 2022 experienced a dramatic increase, followed by a notable decrease in 2023.
• The output in 2023 stands at 0.002 Exajoules.
• Future projections from 2024 predict no further growth, maintaining the 2023 level of 0.002 Exajoules through 2028.

Future trends to watch include potential policy changes, technological advancements, and investment influxes which could catalyze more substantial and sustained growth in renewable power generation in Middle Africa.