How much does electricity cost in Eritrea?

The current electrification rate (fraction of people with access to electricity) in Eritrea is about 20%, and as complete electrification is attained, we can expect national expenditures approaching 50 to 100 USD per household per year for electricity supply.

Does Eritrean energy sector need investment capital?

With regards to energy sector investment and development, the Eritrean energy sector has a demand for investment capital. Local private investors, foreign private investors, the government, development aid agencies and banks all supply investment capital and financing for economic and energy sector development investments.

What are the basic energy statistics for Eritrea?

Basic energy statistics for Eritrea are that 20% of households have access to electricity, 66.3% of primary energy consumption is supplied by biomass, and the major consumers of energy are households (68.3%), public/commercial (16%), transport (13%), and industry (3%). (DoE, 1998a,b; Habtetsion, 2001; Habtetsion, 2002)

How important are energy services in Eritrea?

In Eritrea, as in many Sub-Saharan African countries, energy services are a large part of both the monetary and non-monetary economies. It is possible that in Eritrea, as much as 20% of total expenditures, effort, and socioeconomic costs are related to energy services.

Is the Eritrean government facilitating oil & gas exploration?

The Eritrean government is facilitating oil and gas exploration, examining the potential of geothermal energy generation, and open to utilizing excellent wind energy resources as a driver to export-oriented industrial growth, but these scenarios are fairly speculative at this stage, and thus beyond the scope of the present study.

Will Eritrea have a high EE/re investment rate?

The investment rate of the very high EE/RE scenario appears out of reach for Eritrea in the near to medium term, unless more information on demand-side electricity and oil subsector efficiency indicates a much more rapid efficiency improvement rate than what is currently known.