Tanzania's new president, Samia Suluhu Hassan, is attracting investors to invest in green and clean energy projects to ensure Tanzania's energy security and mitigate the impact of climate change. She announced that Tanzania will add 6GW of renewable energy. Most of the new energy will come from green energy sources such as solar, wind and hydropower.
By 2020, only 40% of Tanzanian citizens will have access to electricity. In absolute terms, the country's total electricity supply is only 1,605 megawatts. If Samia Hassan's 6GW target is achieved, Tanzania could become Africa's third-largest green energy country. Tanzania will be second only to South Africa and Morocco. Tanzania currently uses natural gas to generate electricity, but also plans to use wind energy to generate electricity. Research is also underway on generating electricity from geothermal resources.
The Tanzanian leadership's ambitions are largely based on hydropower. Currently, the 2100MW Julius Nyerere hydropower project is under construction. Then there are the Ruhudji and Rumakali hydropower projects, which will generate 358 MW and 222 MW of power respectively. Tanzania's president said she will also generate electricity from wind, solar and geothermal resources.
Tanzania also has about 57 trillion cubic feet of natural gas reserves. A disagreement between the government and oil companies over production sharing has hindered investment in the industry. The new government has started renegotiating and hopes to build an offshore gas project by 2023. Just recently, Tanzania announced that it is about to sign deals with Equinor and ExxonMobil. This is before the end of May to develop a massive LNG plant involving a $30 billion investment.Editor/XingWentao
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