Ethiopia Distribution Transformer Market

Ethiopia Distribution Transformer Market Overview

The distribution transformer is a transformer that provides the final voltage transformation in the electric power distribution system, which in turn helps in reducing the voltage required in the distribution lines to the level used by a person. The major function of this type of transformer is to alter the high voltage to the normal voltage such as 240/120V. The Ethiopia distribution transformer market covers two types of insulation which include dry and oil-filled insulation.

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Major Ethiopia Distribution Transformer Market Drivers

The Ethiopia distribution transformer market is mainly driven by the rising demand for energy and the increasing power generation capacity in the country. In addition to this, the growing emphasis on implying green energy is further helping the market to grow. The country has a final energy consumption of approximately 40,000 GWh, from which 90% of the energy is consumed by domestic appliances, and the rest by transport and other industries. Ethiopia is endowed with renewable energy sources such as hydro, wind, solar, geothermal, and biomass. Ethiopia Electric Power, the country’s state-owned electricity producer, entered into an agreement with the International Finance Corporation (IFC) to develop 500MW of solar power under the IFC’s Scaling Solar Program. Moreover, in 2019, the country used its PPP framework to work on the RFQ for two initial projects with an overall capacity of 250MW. Ethiopia’s Ministry of Finance illustrated that the USD 0.02526- PER-KWh tariff provided by the ACWA for the two sits is “the lowest in Africa and one of the lowest globally”. Thus, all these initiatives and strategies will increase the demand for distribution transformers in the country.

Over the years, there has been an increase in the demand to replace/refurbish the aging distribution transformers. Thus, this will further propel the growth of the market over the coming years. Furthermore, the rising demand for electricity owing to the growing industrial and infrastructural development activities will contribute to the market growth.

Restraints in the Ethiopia Distribution Transformer Market

However, the operational inefficiencies which have led to delays and suspensions is hindering the growth of the distribution transformer market in Ethiopia.

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The pad-mounted segment is projected to increase at a higher CAGR during the forecast period. The increasing usage of pad-mounted transformer with the underground electric power distribution lines, especially for reducing the primary voltage on the line to the lower secondary voltage supplied, is responsible for the growth of the market over the coming years.

The three-phase distribution transformer is being increased opted due to its ability to provide high efficiency and reduced losses comparatively to the single-phase transformers. Furthermore, it uses less copper and aluminum to conduct the same amount of electricity when compared with single-phase transformers.

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Key Developments:

• • In 2018, General Electric entered into a partnership with Ethiopian Electric Power Authority to deliver 11 HV Substation to enhance access to power. The USD 40 million project aids the transmission of additional bulk power to the Southern and South-Western parts of the Ethiopian Power Grid.

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