Forecast: Renewable Energy Supply in Niger

The renewable energy supply in Niger has shown a generally slow but steady increase over the past decade. In 2023, the supply stood at 76.85 Units of Total Primary Energy Supply, reflecting a year-on-year growth of approximately 0.065%. The compounded annual growth rate (CAGR) over the last five years was around 0.073%, suggesting a minimal but positive growth trend.

Looking at the five-year forecast, the renewable energy supply is expected to grow marginally, with a CAGR of 0.02%, reaching 76.99 Units by 2028. This indicates stagnant growth, emphasizing the need for strategic interventions to boost the renewable energy sector.

Future trends to watch for include:

• Investments in solar and wind energy projects.
• Government policies and incentives for renewable energy adoption.
• Technological advancements in renewable energy production and storage.
• Collaboration with international bodies for funding and technological support.