Senegal is a country under high tension. In the midst of structural transformation, the country of Teranga aims to achieve universal access to electricity by 2025. With this in mind, the electricity sector recently underwent a major reform, with the introduction of a new electricity code designed to attract private investors.
Thanks to the commissioning of recent solar and wind power projects, these resources now account for 23% of the energy mix, while hydroelectricity (including micro-power stations) represents 8%.
In this context of transformation, in addition to the creation of new hydroelectric dams at Gouina, Koukoutamba and Sambangalou through OMVS (organization for the development of the Senegal river) or OMVG (organization for the development of the Gambia river), the opportunity to rehabilitate old facilities to maximize electricity production from existing sources should be considered.
In addition to the technical challenges involved, these dam rehabilitation projects request specific contractual and financial structuring. Indeed, this type of brownfield project raises issues of asset ownership and underlying securities, as well as the allocation of operating flows based on improved performance. Nevertheless, these rehabilitations present new opportunities that should attract more private investment to the country.