Private companies also trade in electricity in Zambia. The largest of these, Copperbelt Energy Corporation Plc (CEC), buys electricity primarily from ZESCO and sells it to the various mines in the Copperbelt Province. It also operates its own generators, most of which run on fossil fuels.
The Zambian regulation foresees customs duty and VAT exemptions for most equipment used in renewable energy or battery storage projects. Detailed information is provided in In this section, we discuss the opportunity of battery storage in combination with solar photovoltaics from a financial point of view.
Zambia's primary energy source is electricity from the Kariba dam hydroelectric plant. However solar panels are becoming increasingly popular especially for those living in rural areas. Petrol and diesel are still the leading vehicle fuels, and charcoal is used for cooking in most homes in Zambia.
Africa Clean Energy Technical Assistance Facility. (2022). Customs Handbook for Solar PV Products in Zambia. Bloomberg New Energy Finance. (2022, December 6). Lithium-ion Battery Pack Prices Rise for First Time to an Average of $151/kWh.
Electricity imports and exports in GWh (first half of 2022) As mentioned in the previous chapter, Zambia has developed into an export powerhouse in recent years. This is also demonstrated by the data from the first half of 2022.
It involves setting up solar panels, inverters, and battery systems to provide electricity to homes, businesses, and communities, especially in off-grid areas, enhancing energy access and promoting environmental sustainability. Solar products in Zambia include solar panels, inverters, batteries, and solar water heaters.
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