Ethiopia is emerging as a leader in the renewable energy sector, harnessing its vast potential in hydropower, wind, solar and geothermal to generate more than 60,000 MW. Investment in projects such as the Grand Ethiopian Renaissance Dam (GERD), along with wind farms and geothermal plants, reflects the country’s commitment to energy security and economic growth, despite strong criticism from neighboring countries.
Renewable energy potential and development
The African country is developing its renewable energy capacity through the implementation of major hydroelectric, wind and solar projects. GERD, with an investment of US$4 billion, has a capacity of 5,150 MW, promising to improve energy security and support economic development. Despite disputes with Egypt and Sudan over water supply concerns, Ethiopia is moving forward, focusing on diversifying its energy matrix to include more renewable sources and ensuring a sustainable future.
It is also making progress in wind and geothermal energy, with projects such as the 300 MW Aysha wind farm, which will support job creation and economic growth. This focus on diverse renewable energy sources not only seeks to meet domestic demand, but also to position Ethiopia as a key exporter of green energy in the region, contributing to global climate goals and sustainable development in the Horn of Africa.
Ethiopia and its sustainability strategy
Ethiopia’s strategy for renewable energy development aims not only to address domestic energy needs, but also to establish the country as a key supplier of clean energy in the region. With projects ranging from hydropower to geothermal, Ethiopia is investing in technologies that ensure a sustainable and climate-resilient energy supply.
This diversification of the energy matrix is fundamental for the country’s economic growth and energy security, as well as being a model for other developing countries seeking to move towards cleaner energy.
Although it faces challenges, such as the need for investment and regional tensions, Ethiopia is leading the way towards a renewable energy future. Current installed capacity does not fully meet demand, but with ambitious plans to expand green power generation, the country is well positioned to overcome these obstacles.
Its initiatives are focused on renewable energy, which not only promise to improve the quality of life of its population, but also offer a long-term sustainable solution to global energy and environmental challenges.
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Source: oilprice.com
Photo: euronews
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