The Ministry of Mineral Resources and Energy announced, a few days ago, that it is looking for a consultant to help in the study of the energy market to be generated by the Mphanda Nkuwa hydroelectric projectdownstream of the Cahora Bassa Dam, in Tete province.

The initiative is part of a work that has been carried out by the Executive, aiming to continue the strategy to promote the development of energy production and transport capacity, not only to satisfy the domestic and growing domestic and industrial demand for electricity, but also to export the electricity to the regional market.

With the consultancy, the government says it intends to assess the viability of the Mphanda Nkuwa Project in the energy markets, taking into account domestic and regional demand projections and the expansion of the transmission network.

Mozambique is recognized as an energy rich country with hydroelectric potential for the generation of 15 GW. It also has numerous coal resources and vast, relatively untapped gas reserves, as well as many opportunities in solar and wind power generation.

The country continues to explore various energy production and transportation projects to unlock its substantial resource base, accelerate the country's industrialization, and provide low-cost energy to the country and the region.

One of the energy initiatives under consideration is the Mphanda Nkuwa hydroelectric project, whose projected capacity is approximately 1500 Mw, and its implementation will be 60 kilometers downstream of HCB.

Recently, the Executive approved an Integrated Electricity Infrastructure Plan for the period 2018-2043, which consists of a national investment plan in the areas of power generation, transmission and distribution.

A number of planned investments are expected to be necessary to meet the expected growing demand for energy in the country and the supply to the Southern African region.

With the market study work in preparation, the Executive intends to ascertain the demand forecast, assess supply; identify Mozambique's grid; analyze the balance of supply demand; potential buyers of Mphanda Nkuwa's power, including their need for current as well as those prepared to pay and the impact on the financial position of the company Electricidade de Moçambique.