Liberia energy storage power supply sales price

In addition, the government signed a Power Purchase Agreement with a solar energy company to provide the country ≥20 MW of electricity in 2020 . Despite these efforts, much work remains to be done to improve access to reliable and affordable energy in Liberia.

The primary energy sources in Liberia are traditional biomass fuels such as firewood and charcoal, which account for more than 80 % of the country's total energy consumption [5, 12, 13]. Petroleum products, including gasoline and diesel, account for about 10 % of energy consumption, while hydroelectric power accounts for just over 6 % .

3.2. Imported electricity Liberia imports electricity from neighboring Côte d'Ivoire and Guinea through the West African Power Pool (WAPP) interconnection, which involved 650 km of 225 kV transmission lines, with a transit capacity of ≤290 MW – making it the largest source of imported electricity for the country in 2020.

According to estimates by the World Bank Group, Liberia has a solar potential of ∼5.4 kWh/m2 per day, with up to 6.5 h of sunshine per day on average . Similarly, Liberia has considerable hydroelectric power potential due to its numerous rivers and other resources.

The country relies on imported petroleum products for ≥90 % of its energy consumption. This reliance on imports increases energy costs and exposes Liberia to the volatility of global fuel prices. The high cost of imported fuels poses a barrier to energy access, especially for low-income households who struggle to afford electricity services.

Liberia also has abundant biomass resources, with estimates suggesting that the government can produce up to 27,452 GWh of electricity from biomass annually . Expanding these resources can provide sustainable and decentralized energy solutions, particularly in rural and remote areas.