Ethiopian Electric Power (EEP) has reported earning more than USD 31.5 million from electricity exports to neighboring countries in the first quarter of the current fiscal year. CEO Ashebir Balcha highlighted the company’s commitment to meeting the growing regional demand for electricity while improving power development, accessibility, and regional cooperation.
Ethiopia currently exports electricity to Sudan, Djibouti, and Kenya, with a new agreement to supply Tanzania via Kenya, starting with 100 megawatts. While 90% of the country’s electricity generation is consumed domestically, Ethiopia is expanding its export capacity.
Additionally, South Sudan and Somalia have requested electricity, and Ethiopia plans to respond once feasibility studies are completed and infrastructure is in place. The recent completion of the Ethiopia-Kenya power transmission line and ongoing trials with Tanzania under the East Africa Electric Highway Project are set to boost regional energy cooperation. Reports indicate that the project could generate around USD 200 million annually.
Meanwhile, the Ethiopian Electric Utility (EEU) has connected over 167,900 new customers in the first five months of the fiscal year, bringing the total number of customers to nearly 5 million. The EEU is also expanding solar power investments to provide electricity to remote areas.
Source: The Ethiopian Herald and Ethiopian News Agency
