Selling portable energy storage power in Angola

Should Angola invest in energy storage solutions?

With the ongoing solar projects under development in Angola with an installed capacity amounting to 500 MW, it is urgent to start thinking about efficient energy storage solutions. What structural challenges must be addressed for Angola to seize its renewable energy potential?

Can Angola deploy pumped-storage hydroelectricity & hydrogen solutions?

Fernando Prioste, CEO of COBA Group, talks to The Energy Year about Angola’s potential for deploying pumped-storage hydroelectricity and hydrogen solutions as it develops a robust energy industry and the central role of COBA Group in the country’s power arena.

Can a gas grid be used in Angola?

This is not possible in Angola as there is no gas grid, but the hydrogen obtained from renewable energies can be shipped overseas or converted into ammonium. In turn, this chemical compound can be used as an energy storage component that could be exported or used for the fertiliser industry.

Can Angola achieve energy self-sufficiency?

Angola has everything it needs to achieve energy self-sufficiency through renewable sources – not only water, but also sun and wind. With these three natural resources, Angola could achieve the transition from oil and gas to renewable energies, and then boost its energy self-sufficiency.

How much does Angola spend on electricity?

The portion of the Angolan government budget dedicated to the electricity production, transmission and distribution sectors increased to US$ 817.2 million in 2023 from US$490 million in 2022. Angola’s national budget for electricity assessment allocated is around US$ 249.4 million.

What is Angola's energy mix?

Angola’s current installed capacity is estimated at 5.7 GW but only 70 percent is in use. The country’s current energy mix consists of 61.8 percent hydropower, 37.6 percent other fossil fuels and 0.6 percent hybrid (solar/fossil fuel).