Mali Energy Storage Profit Points

Is energy du Mali subsidized?

Energie du Mali (EDM), the state-owned electric utility, is poorly managed and heavily subsidized by the government and regional multinational banks, as the relatively high price of its electricity (average $0.17/kWh) is insufficient to cover the cost of production and distribution ($0.24/kWh).

How is energy used in Mali?

Total energy supply (TES) includes all the energy produced in or imported to a country, minus that which is exported or stored. It represents all the energy required to supply end users in the country.

What is the financial situation of Énergie du Mali?

Énergie du Mali (EDM) (100% state-owned) is the national power utility. The financial situation of EDM has been undermined by high generation costs as well as high technical and commercial losses, overdrawing the national budget in the range of US$ 100-150m/year in recent years. The country does not have domestic crude oil production or a refinery.

Is biomass a good energy source in Mali?

Traditional biomass – the burning of charcoal, crop waste, and other organic matter – is not included. This can be an important energy source in lower-income settings. Mali: How much of the country’s energy comes from nuclear power? Nuclear energy – alongside renewables – is a low-carbon energy source.

What is the energy access problem in Mali?

Mali faces a critical energy access challenge. The national power access rate was 50% in 2019 (compared to 36.11% in 2015). The problem is particularly acute in rural areas with 21.12% access rate in 2019 (compared to 15.75% in 2015).

What are the different types of energy transformation in Mali?

One of the most important types of transformation for the energy system is the refining of crude oil into oil products, such as the fuels that power automobiles, ships and planes. No data for Mali for 2022. Another important form of transformation is the generation of electricity.