Market Size of Sudan Power Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR (2024 - 2029) | 0.49 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Sudan Power Market Analysis
The Sudan Power Market size is estimated at 4.36 gigawatt in 2024, and is expected to reach 4.47 gigawatt by 2029, growing at a CAGR of 0.49% during the forecast period (2024-2029).
The market was negatively impacted by the outbreak of COVID-19. Currently, the market has reached pre-pandemic levels.
- The Sudan government is actively promoting the power sector by increasing electricity access in all parts of the country. Therefore, the demand for grid-connected electricity has been significantly increasingrecentlys and is expected to drive the market during the forecast period.
- However, the lack of power transmission infrastructure and unreliable electricity supply continued to limit private sector developers' investments, hindering the growth of the Sudan power market.
- Sudan announced to build four nuclear power plants by 2030 to fill its energy gap. This is likely to create several opportunities in the Sudan power market soon.
Sudan Power Industry Segmentation
Power generation is electricity generated through various primary sources such as coal, hydro, solar, and thermal. In utilities, it is a step before its delivery to end users. Then the process is followed by transmission and distribution. Under this, the power generated is distributed via high-voltage lines (transmission lines) and low-voltage lines (distribution lines) as per the requirement of the end user.
The Sudanese power market is segmented by power generation from sources and power transmission and distribution (T&D). By power generation from sources, the market is segmented into thermal power, hydropower, non-hydro renewables, and nuclear sources and power transmission and distribution (T&D). For power transmission and distribution (T&D), only qualitative analysis is provided. For each segment, the market sizing and forecasts have been done based on installed capacity in megawatts (MW).
Sudan Power Market Size Summary
The Sudan power market is poised for gradual growth, driven by government initiatives to enhance electricity access across the country. Despite challenges such as inadequate power transmission infrastructure and an unreliable electricity supply, the market is expected to expand steadily over the forecast period. The government's plans to construct nuclear power plants and the potential development of hydropower projects, particularly along the Nile River, are anticipated to create significant opportunities. These efforts are part of a broader strategy to address the energy gap and attract private sector investments, although the current limitations in infrastructure remain a hurdle.
Renewable energy adoption is on the rise in Sudan, with increasing installations of solar, wind, and biofuel projects contributing to the country's energy mix. The decreasing costs of renewable technologies are making them more competitive compared to traditional fossil fuels, aligning with global trends towards sustainable energy. Initiatives like the Solar For Agriculture project, supported by the UNDP, underscore the government's commitment to expanding renewable energy. This growing focus on renewables is expected to play a crucial role in meeting Sudan's energy demands and driving the power market forward during the forecast period.
Sudan Power Market Size - Table of Contents
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1. MARKET OVERVIEW
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1.1 Introduction
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1.2 Installed Power Generating Capacity and Forecast, in Megawatts (MW), till 2028
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1.3 Recent Trends and Developments
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1.4 Government Policies and Regulations
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1.5 Market Dynamics
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1.5.1 Drivers
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1.5.1.1 Increasing Renewable Energy Installations
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1.5.1.2 Energy Infrastructure Development
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1.5.2 Restraints
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1.5.2.1 Political and Economic Instability
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1.6 Supply Chain Analysis
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1.7 PESTLE Analysis
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Sudan Power Market Size FAQs
How big is the Sudan Power Market?
The Sudan Power Market size is expected to reach 4.36 gigawatt in 2024 and grow at a CAGR of 0.49% to reach 4.47 gigawatt by 2029.
What is the current Sudan Power Market size?
In 2024, the Sudan Power Market size is expected to reach 4.36 gigawatt.