PML for diversified power technologies
Power Market Limited (PML) says diversified power technology has potential to improve the current electricity power generation capacity in the power sector besides balancing the supply-demand balance which the organisation says is a big challenge in the country.
In an interview with Malawi News Agency (MANA), PML’s Director of Marketing and Corporate Services, Villant Jana said bringing wind, solar geothermal, biomass and biogas power technologies would hasten the process of increasing the power generation capacity in the country.
According to Jana, Malawi’s target is to produce 1000 Mega Watts by the year 2025.
“Malawi is blessed with suitable solar irradiation across the country, and we have potential geothermal, gas resources, wind power and hydro power sites across the country.
“With these resources, Malawi will be able to generate clean power and have less impact on the environment,” she said.
She further stated that the use of renewable energy to generate power is the way to go for Malawi, saying it is clean and quick to implement.
PML has since called for more independent power producing companies to invest in the country’s power sector to reduce erratic power supply which affects development in the long run.
“Malawi has potential to develop, for example, its mining sector, but growth can only be experienced when we have enough power being generated in the country as mining itself requires more power, hence the call to have more investors coming to develop the power sector in the country,” said Jana.
PML recently oriented journalists on its roles and programming in the country where a call was made for the need for more positive reporting of the country’s energy sector.
Director of Information, Chikumbutso Mtumodzi, said the energy sector is a vehicle through which the country can achieve middle-class economy as stipulated in the Malawi Vision 2063.
Established through an Act of Parliament of 2016, Power Market Limited undertakes the function of a single buyer of power generated in the country which is sold to the country’s power supplier, ESCOM.