How is the Gabon power market segmented?

The Gabon Power Market is segmented by Power Generation (Hydropower, Natural Gas, and Others) and Transmission and Distribution. The report offers the market size and forecasts for electricity generation capacity (MW). Need a report that reflects how COVID-19 has impacted this market and its growth?

How much does a hydropower project cost in Gabon?

The project will cost nearly $12.7 million. Construction of several hydropower projects is planned but there have been several years of delays and search for funding. World Bank studies indicated that Gabon’s nine provinces would require an installed capacity of at least 1,250 mw by 2040.

How will the Gabon power market perform in 2022?

The Gabon power market is expected to register a CAGR of more than 3.4% during the forecast period. The Gabon power market was negatively impacted by the COVID-19 pandemic due to regional lockdowns and decreased power demand. However, the market rebounded in 2022.

How will Gabon expand its power generation capacity?

The demand for advanced technology, skilled labor and power generation services will continue to rise as Gabon expands its electricity generation capacity, presenting significant opportunities for companies in gas extraction, power generation and transmission.

What drives Gabon's power sector?

The country’s power sector is expected to be driven by the investment of foreign players for the construction of new power plants during the forecast period. However, Gabon also has a large share of electricity being generated through fossil fuels.

Why is Gabon a potential energy hub?

Key infrastructure developments, such as the Owendo plant and floating power solutions, position Gabon for long-term energy security and enhance its potential as a regional energy hub. This electrification push also creates a wealth of opportunities for service companies specializing in gas-to-power infrastructure and operations.