ALER Market Outlook 2024 - São Tomé and Príncipe

São Tomé and Príncipe has been making efforts to modernise its energy sector by improving infrastructure, promoting energy efficiency, and strengthening the capacity of sector stakeholders, with significant support from international cooperation. Despite its high dependence on fossil fuels and the regulatory and financial challenges limiting private investment, the country has strong potential for renewable energy development, particularly through mini-grids, decentralised solar systems, and other innovative solutions.

With strategic targets established for the energy transition and increasing the share of renewable energy, São Tomé and Príncipe is working to create a more favourable environment for investment and the expansion of energy access.

This ALER Market Outlook provides an up-to-date analysis of the sector, highlighting the main developments, opportunities, and market framework of São Tomé and Príncipe.