How does Liberia attract private investment?

The government has introduced policies to attract private investment in the energy sector and promote renewable energy development [3, 4]. In 2015, the government launched the Liberia Electricity Regulatory Commission (LEC) to provide oversight of the electricity sector and attract private investment .

How can Liberia improve energy security?

One strategy is to diversify the energy mix by increasing the share of domestic renewable energy sources, such as solar and wind power, for electricity generation. By harnessing these indigenous and sustainable energy resources, Liberia can decrease its reliance on imported fuels and enhance its energy security.

How does Liberia use petroleum products?

Petroleum products, including gasoline and diesel, contribute a significant to Liberia's energy consumption. These fuels are primarily used in transportation, power generation from small diesel and gasoline generators and industrial applications. Liberia is a net importer of petroleum products, relying on imports to meet its energy needs.

What are the main energy sources in Liberia?

The primary energy sources in Liberia are traditional biomass fuels such as firewood and charcoal, which account for more than 80 % of the country's total energy consumption [5, 12, 13]. Petroleum products, including gasoline and diesel, account for about 10 % of energy consumption, while hydroelectric power accounts for just over 6 % .

Will Liberia get a 20 MW power supply in 2020?

In addition, the government signed a Power Purchase Agreement with a solar energy company to provide the country ≥20 MW of electricity in 2020 . Despite these efforts, much work remains to be done to improve access to reliable and affordable energy in Liberia.

Does Liberia's energy strategy extend beyond its borders?

The outcomes of this study, elucidating Liberia's energy dynamics and strategies, extend beyond its borders, offering pertinent recommendations for researchers, planners, and engineers in analogous regions globally.