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Uganda Power Report Q3 2015

69 Pages BMI Research July 01, 2015 SKU: BMI5618389

BMI View: A range of projects in the pipeline and high levels of private and foreign investment underlineour positive growth forecasts for Uganda's power sector. Hydropower continues to dominate the country'senergy mix and, with several hydropower plants due to come online during our 2015-2024 forecast period,is set to increase its share of total generation by 2024. Less investment is expected in terms of nonhydropowerrenewables. However, Uganda does offer substantial growth potential in this area and we doexpect to see more projects in the near future. Key to development of the power sector is improvement of thecountry's national grid to ensure consumption levels can grow.

There are some potential headwinds to growth in Uganda's power sector. Although the government hasopened the market to foreign investment, high levels of corruption and political instability could deterpotential investors. We also note the ongoing reliance on hydropower leaves Uganda vulnerable to supplydisruptions in the event of severe weather patterns.

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Uganda Power Report Q3 2015

BMI Research
July 01, 2015

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