The consumption of geothermal and biomass energy in East Africa has seen a varied yet generally upward trend over the past decade. In 2023, the consumption stood at 7.84 Terawatthours. While the annual growth fluctuated, the early years saw significant increases, especially between 2013 and 2015. After 2016, the growth rates stabilized, with minor reductions in 2020 and 2021, before picking up again in the subsequent years. The compound annual growth rate (CAGR) over the last five years (2019-2023) was relatively low at around 1.27%, reflecting the moderated growth in recent years despite an 8.62% spike in 2022.
Looking forward, the forecast for 2024-2028 suggests continued, albeit slower, growth, with a forecasted CAGR of 0.96% and a total growth rate of 4.87% by 2028. Future trends to watch out for include technological advancements in geothermal and biomass energy, government policies promoting renewable energy, and potential investments and partnerships aimed at expanding energy infrastructure across the region.