According to the Ministry of Water and Energy in Ethiopia, the country has earned over 1 billion U.S. dollars from exporting electric power to neighboring countries in the span of 18 months. This was achieved by successfully supplying energy to Sudan, Djibouti, and Kenya, with the earnings accumulated up until the end of the previous Ethiopian fiscal year on July 7, 2023.
Minister Habtamu Itefa highlighted that Ethiopia’s role as a regional energy powerhouse is becoming increasingly significant, leading to the catalyzation of regional integration. He also mentioned the high demand for Ethiopia’s electric power in neighboring countries, with a 15-percent annual increase observed during the period reported.
With 93 percent of its electric energy coming from hydropower, Ethiopia has been able to provide clean and affordable electricity without causing harm to the environment. Minister Itefa further revealed plans to expand electric energy exports to South Sudan in the future.
Prime Minister Abiy Ahmed emphasized that Ethiopia’s efforts to enhance its energy export capabilities are part of a larger strategy to foster economic integration across the broader East African region and beyond through electricity infrastructure development.
In line with this vision, Ethiopia is currently engaged in various hydroelectric power projects, including the Grand Ethiopian Renaissance Dam (GERD). Once operational, the GERD is expected to generate more than 6,000 megawatts of electricity, making a significant contribution to the country’s energy export goals.
The government’s focus on expanding its energy export capacity aligns with the broader strategy of establishing Ethiopia as a key player in the regional energy market. By leveraging its abundant hydropower resources, the country aims to meet the growing demand for electricity in neighboring nations while promoting sustainable and environmentally friendly energy production.
Ethiopia’s strategic location and existing infrastructure make it well-suited to serve as a reliable source of electric power for countries in the region. The successful export of electricity to Sudan, Djibouti, and Kenya demonstrates the country’s commitment to enhancing regional cooperation and economic development through energy trade.
As Ethiopia continues to invest in hydroelectric projects like the GERD, its capacity to generate clean and renewable energy is expected to increase significantly. This not only benefits the country’s economy but also contributes to the overall energy security and resilience of the region.
With plans to extend electric energy exports to South Sudan, Ethiopia is poised to further strengthen its position as a primary electricity supplier in the East African region. This strategic move reinforces the country’s commitment to promoting sustainable development and cooperation through energy resource sharing.
The progress made in the electric power export sector highlights Ethiopia’s success in leveraging its natural resources to drive economic growth and regional integration. As the country continues to expand its energy infrastructure and enhance its export capabilities, the potential for further economic benefits and cooperation with neighboring countries is significant.