The consumption of geothermal and biomass energy in West Africa has demonstrated fluctuations over the past decade. In 2023, the value stood at 0.003 Exajoules. From 2013 to 2023, the energy consumption showed steady growth with intermittent dips, such as in 2018. The CAGR in 2023 was observed at 8.45%, signaling an upward trend from 2019 to 2023, despite a stable phase from 2020 to 2022 with 0% year-on-year variation. The forecast for the next five years projects no significant growth, with an anticipated CAGR of 0%. This suggests a period of stabilization in consumption rates. Key historical variations include:
- In 2015, there was a notable 50% year-on-year increase.
- In 2017, consumption grew by 33.33% year-on-year.
- 2018 saw a decrease with a -50% year-on-year change.
Future trends to watch for include the potential integration of innovative technologies to enhance energy efficiency and supply, as well as the impact of policy changes aimed at promoting renewable energy sources throughout the region. Additionally, investment in infrastructure and international partnerships could play a significant role in shaping the future consumption patterns of geothermal and biomass energy in West Africa.