Forecast: Share of Renewable Energy and Nuclear Energy Use in Niger

In 2023, the share of renewable energy and nuclear energy use in Niger stood at 0.016 units. From 2013 to 2019, the share increased gradually from 0.012 to 0.014 units, indicating a steady growth trend. Year-on-year growth rates from 2020 to 2023 show a declining trend, with 3.73% in 2020 dropping to 3.16% in 2023. The compound annual growth rate (CAGR) over the last five years up to 2023 averaged 3.54%.

Looking forward, from 2024 onwards, the share is forecasted to continue its steady increase, reaching 0.018 units by 2028. The projected 5-year CAGR is 2.13%, with an overall forecasted 5-year growth rate of 11.09%.

Key trends to watch for include technological advancements in renewable energy, policy changes favoring green energy, and investments in nuclear energy infrastructure, which will all impact the growth trajectory in the coming years.

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