Uganda is investing $43 million in geothermal power exploration to achieve a target of 1.5GW capacity. This initiative is part of the government’s strategy to diversify its energy resources and reduce reliance on hydroelectric power.
Uganda is aiming to develop a geothermal power capacity of 1.5 gigawatts (GW) as part of its energy diversification strategy. The government has allocated $43 million for initial exploration at two potential sites in the Great Rift Valley, which are believed to have significant geothermal energy prospects. This move reflects Uganda’s intention to decrease its reliance on hydroelectric power (HEP) resources and expand its renewable energy options.
In conclusion, Uganda’s investment of $43 million into geothermal exploration marks a strategic shift to enhance its energy portfolio. By targeting a geothermal capacity of 1.5GW, the country aims to reduce dependence on hydroelectric power and explore sustainable energy sources for future growth.
Original Source: www.africa-energy.com
