Senegal’s Ambitious Plan to Slash Electricity Costs and Boost Energy Security

The government of Senegal has ambitious energy diversification aims, with plans to develop both the country's oil and gas sector and grow its renewable energy capacity. As part of its Vision 2050 plan, the government aims to reduce energy costs and enhance energy security by diversifying energy sources. The government has announced several renewable projects in recent years and has recently made blocks available for oil and gas exploration to achieve these aims.

Some of the government's principal aims include expanding Senegal's energy production capacity to meet growing power demand, advancing regional energy integration, shifting from heavy fuel oil to domestic natural gas, and increasing energy access in rural areas. 5 per cent of national power production in 2024, according to government figures. S. International Trade Administration.