Expected ROI of residential ESS project in Burundi 2030

What is Burundi's future development?

This report examines Burundi's current and projected future development. It presents eight sectoral scenarios to forecast progress by 2043, including demographic, economic and infrastructure-related outcomes. Burundi faces challenges with political instability and weak governance but offers significant growth potential in its agricultural sector.

How will energy exports improve in Burundi?

The share of energy exports in Burundi will improve by 77% between 2024 and 2033. By 2040, Burundi is projected to rank 16th among income group peers in energy export. Interpolate from 1 to 0.8. Lower import tariffs promote free trade between countries and boost growth and development. Interpolate from 1 to 1.2 over 10 years from 2023 to 2033.

What is the primary energy supply in Burundi?

The remainder of the primary energy supply is from oil (“Burundi Energy Profile” 2021). However, a majority (98%) of the renewable energy supply in Burundi is bioenergy. The remainder of the renewable energy supply is hydroelectric, and solar power (“Burundi Energy Profile” 2021).

Will foreign investment weaken Burundi's self-sufficiency?

The 2015 Electricity Act enables foreign investments in the power sector. Laws are in place to allow tax benefits for energy investment and public private partnerships. These laws can help accelerate investment in renewable energy infrastructure. However, direct foreign investment may weaken Burundi’s jurisdiction and self-sufficiency.

How much solar energy does Burundi produce?

Figure 2. Data from Global Solar Atlas (globalsolaratlas.info) showing specific production for PV from 1,387 kWh/kWp to 1,606 kWh/kWp (adequate in all locations) Wind: The mean wind speed in Burundi is 4–6 m/s (“Energy Profile Burundi” n.d.).

How will the combined scenario affect the Burundian economy?

The Combined scenario dramatically impacts the expansion of the Burundian economy. In the scenario, the GDP will expand from US$2.7 billion in 2019 to US$17.2 billion in 2043, which is a 537% increase over the period compared to a 185.2% increase on the Current Path.