Forecast: Share of Renewable Electricity Generation in Angola

The data reveals a steady decline in the share of renewable electricity generation in Angola from 58.02% in 2013 to 40.79% in 2023. The most recent year-on-year decrease in 2023 was 3.39%, with an average decline per year (CAGR) over the past five years at -3.3%. Forecasts indicate a continued downward trend, with the share projected to reach 33.31% by 2028, reflecting a forecasted CAGR of -3.21% and an overall reduction of 15.06% over the next five years.

Future trends to watch for include technological advancements in renewables, government policies impacting energy sources, investment in renewable infrastructure, and global economic factors that could influence the energy mix in Angola. Monitoring these trends will be crucial for stakeholders aiming to foster a sustainable and resilient energy sector in the region.