Is energy du Mali subsidized?

Energie du Mali (EDM), the state-owned electric utility, is poorly managed and heavily subsidized by the government and regional multinational banks, as the relatively high price of its electricity (average $0.17/kWh) is insufficient to cover the cost of production and distribution ($0.24/kWh).

What is the energy supply in Mali?

As in most sub-Saharan African countries, biomass (mainly in the form of firewood) provides the bulk of the energy supply (Figure 4). Mali has neither proven hydrocarbon resources nor a refinery; as a result, all petroleum products are imported through neighbouring coastal countries which impacts on the country’s balance of payments.

Is biomass a good energy source in Mali?

Traditional biomass – the burning of charcoal, crop waste, and other organic matter – is not included. This can be an important energy source in lower-income settings. Mali: How much of the country’s energy comes from nuclear power? Nuclear energy – alongside renewables – is a low-carbon energy source.

Is Mali ready to scale up renewables?

The Ministry, working through the Mali Renewable Energy Agency (AER-Mali), has initiated a partnership with the International Renewable Energy Agency (IRENA) to assess Mali’s readiness to scale up renewables.

Will Mali get a large solar power plant?

As far as the energy transition is concerned, UEMOA has carried out an installation study for large solar power plants, identifying five sites - which include Mali - for a total capacity of 574 megawatts (MW), to be commissioned by 2030.

How many people in Mali have access to electricity?

In Mali, less than half of the population has access to electricity, whereas in rural areas access is limited to only 16.7% of the population. In terms of modern fuels, access is extremely low, at only 2% and 3% for rural and urban areas, respectively. Energy access is widely recognised as essential to improve economic welfare.