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Moz needs/ aims to generate new power to connect 10million households by 2024 (not to mention supplying Malawi, SAPP and domestic industiries). With the nearby Cahora Bassa Dam having to export 82% of its power to South Africa (is written into the contract, from when approved and built), means Moz needs other large energy projects to come on line and pronto.
Also, looking at the recent news articles, is fairly clear that China will want the high quality coal at Tete. Can see that being used within Moz and exported.
A trusted LTH reported back comms he had with the MOMA project chap, saying that they needed/ wanted Substation Contract Award wrapped up by October 15th (we since hear that the Award was made October 6th and is just awaiting final approval)
Was this to ensure the MOMA Interconnection Project (Line and Substation) could be discussed with a reasonable degree of certainty, allowing meaningful regional trade conversations in Cape Town at African Energy Week (AEW) 2021?
Makes sense to me.
What stands out to me, is that the MIREME boss is not shy about the Coal and is pushing hard to use Moz resources (conventional and renewable) to secure investment and to generate economic growth.
Also worth mentioning, the nearby Cahora Bassa Dam – which I thought might be competition – has to, by law, export 82% of the electricity it produces to South Africa. Noncdezi is needed to support domestic needs (Moz President’s plans to connect 10million households by 2024: connection to population stands at ony 30% at the moment, while Moz GNI per capita stands at c.$1250, compared to less-resource-rich Malawi, at c.$1500) as well as meet export opportunities (i.e. Malawi/ SAPP)
We will we get news ahead of this November African Energy event?!
Very possible. Gives Moz concrete programmes and projects for energy trade/ exchange to put on the table.
"Mozambique's Minister of Mineral Resources and Energy to Lead the Mozambican Energy Industry to African Energy Week in Cape Town"
https://www.africanews.com/2021/09/20/mozambique-s-minister-of-mineral-resources-and-energy-to-lead-the-mozambican-energy-industry-to-african-energy-week-in-cape-town/
[...]
"Mozambique rapidly emerged as a competitive investment destination, with its significant energy reserves, prime geographical and demand placement, and market-driven approach to energy sector development. With over 100 trillion cubic feet of natural gas reserves, the largest untapped coal reserves worldwide, and one of the largest hydroelectric facilities in Africa, the country has positioned itself as both a hydrocarbon and renewable energy leader. Despite development delays caused by the COVID-19 pandemic and political insurgency in the northern province of the country, H.E. Minister Max Tonela’s is committed to accelerating energy sector growth through ensured operational security, public-private sector collaboration, and regional support."
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Article posted previously but relevant, pointing to upcoming energy events.