Business Chief Europe Magazine February 2018 | Page 115

ENERGY utility , which will power and light up Mozambique with renewable energy sources , fully positioning the country as a regional hub for the Southern African region ,” he says . “ Mozambique has untapped energy generation potential , with an installed generation capacity presently reaching approximately 3,000MW . Energy production in Mozambique has also been rising by 6 % since 2000 .”
Through supporting the Paris Climate Change Agreement ( also known as COP 21 ) in 2016 , the country will also work to reduce its carbon emissions by 76.5 megatonnes from 2020 to 2030 through upcoming projects . This has also been noted in its Intended National Determined Contributions ( INDC ). Making significant headway , EDM ’ s strength in building strategic , international partnerships has seen a growth of foreign investment , which has enabled the business to counteract any potential deficit in power and develop a number of renewable energy projects .
Such is its success , that by looking at new ways to produce and transport power , EDM is exploring the advantages of developing a number of Floating Liquified Natural Gas ( FLNG ) plants in Mozambique , working closely with Shell , ENI and Yara and others . “ Once there is more certainty

“ The Republic of Mozambique has considered the increase in generation capacity through the use of renewable energy sources to be a strategic goal for the country ”

– Chairman and CEO Mateus Magala
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