Skip to main content

Côte d'Ivoire energy report

Côte d'Ivoire energy report
Update
Format
3 files (PDF report, 2 Excel files)
Pages
28 (Report only)
Delivery
Immediate by e-mail
Table of Contents
  • GENERAL OVERVIEW
  • INSTITUTIONS AND ENERGY POLICY
  • ENERGY COMPANIES
  • ENERGY SUPPLY
  • ENERGY PRICES
  • ENERGY CONSUMPTION
  • ISSUES AND PROSPECTS
  • DATA TABLES
  • ABBREVIATIONS
  • GLOSSARY

Download the Table of Contents

Buy Côte d'Ivoire energy report

Price without VAT. Depending on your statute and location, VAT might be applicable. Get in touch with us for more information.

After validation, you will immediately receive 3 files by email (one pdf report and 2 excel files containing the datasets).

Price
890 €

Overview

This analysis includes a comprehensive Côte d'Ivoire energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.

Highlights

  • Côte d'Ivoire aims for renewables to represent 45% of the power mix in 2030.
  • The updated NDC increased the GHG emissions reduction target to 30% by 2030 relative to a BAU scenario.
  • Eranove, through CIE and CIPREL, dominates power generation with a share of 59%.
  • Around 80% of natural gas is produced by Foxtrot, while CNR accounts for 93% of crude oil output.
  • Since 2011, power generation increased by 7%/year, with a rising share of gas.
  • Oil production is on a declining trend.
  • Côte d'Ivoire is a net exporter of electricity and petroleum products.
  • Gasoline and diesel prices have increased since 2020.
  • Energy prices are higher than in Senegal but tend to be higher than in Ghana and especially Nigeria.
  • Biomass continues to dominate Côte d'Ivoire's energy mix (60%).
  • Power demand is growing rapidly, driven by a strong increase in the electrification rate over the last decade.
  • Eni made new oil and gas discoveries, which should enter production in 2023.
  • A 390 MW CCGT is due to be commissioned in 2023, as well as a 112 MW hydropower plant in 2024.
45%
share of renewables in the 2030 mix
30%
reduction in GHG emissions in 2030
60%
share of biomass in total consumption
  • Institutions & Energy Policy

    The Ministry of Mines, Petroleum, and Energy is responsible for the implementation and monitoring of the energy policy through two directorates (hydrocarbons and energy). It oversees the state-owned energy companies.

    The Ministry of Environment and Sustainable Development is in charge of climate policy and renewables.

    The Ministry of Water and Forests manages the wood supply.

  • Energy Companies

    Gas:

    Foxtrot (an affiliate of Bouygues) operates the CI-27 block (Foxtrot), which accounts for more than 80% of the country's natural gas output. The company holds a 24% participating interest in the block, alongside Petroci (40%), Seci (24%), and Enerci (12%).

    The other gas producers are CNR (12% of total gas output) and Petroci (7%).

  • Energy Supply

    Resources:

    Côte d'Ivoire has oil reserves estimated at 21 Mt and gas reserves of 18 bcm, mainly located offshore. The country's hydroelectric potential is around 46 TWh.

  • Energy Prices

    Oil:

    In 2013, the country adopted an automatic fuel pricing mechanism, which aims at transmitting international oil price fluctuations to domestic retail prices, while smoothing fluctuations in pump prices.

    Since 2020, gasoline prices have increased by 12%/year to US$1.24/l, while diesel prices increased by 11% in 2020 and declined by 2% in 2022 to US$1.08/l.

  • Energy Consumption

    Energy consumption per inhabitant was around 0.45 toe in 2021 (+11% since 2010), which is higher than in Senegal (0.31 toe) and Ghana (0.38 toe), but lower than in Nigeria (0.78 toe). Per capita electricity consumption has increased by 58% since 2010 to 331 kWh in 2021, which is higher than in Nigeria (145 kWh) and Senegal (286 kWh), but much lower than in Ghana (569 kWh).

  • Issues & Prospects

    Electricity:

    According to ANARE, the country's installed capacity is expected to reach 5.4 GW in 2030, with 3.2 GW of thermal (59%), 1.5 GW of hydro (28%), 0.37 GW of solar (7%), and 0.31 GW of biomass (6%).

  • GRAPH 1: CO2-energy emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2021, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: POWER GENERATION BY SOURCE (2021, %)
  • GRAPH 5: Gasoline & diesel prices (US$/l)
  • GRAPH 6: Electricity prices for industry and households (US$c/kWh)
  • GRAPH 7: Consumption trends by energy source (Mtoe)
  • GRAPH 8: Total consumption market share by energy (2021, %)
  • GRAPH 9: Final consumption market share by sector (2021, %)
  • Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
  • Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
  • Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
  • Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
  • Infrastructure Projects: Covers power plant projects by energy, technology, status and operator.

The Côte d'Ivoire energy market data since 1990 and up to is included in the Excel file accompanying the Côte d'Ivoire country report.
It showcases the historical evolution, allowing users to easily work with the data.

Key Data included in the excelsheet:

  • Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
  • Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
  • Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
  • Energy Balance: total and per energy.
  • Côte d'Ivoire Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Côte d'Ivoire energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).