Nepal Energy Sector

Nepal's energy landscape is predominantly characterized by its reliance on renewable resources, particularly hydroelectric power. In 2023, hydroelectricity accounted for a staggering 99% of the country's total installed generating capacity, reflecting Nepal's commitment to sustainable energy sources. Despite this, the country still imports 1.846 billion kWh of electricity, indicating room for growth in domestic production. Coal also plays a role, with Nepal importing 1.076 million metric tons of coal while producing only 9,000 metric tons locally. On the petroleum front, the nation's consumption of refined petroleum products is approximately 71,000 barrels per day. With a total energy consumption per capita of 6.604 million Btu, Nepal continues to balance its energy needs with its development goals. The nation's electrification rates are commendable, with 91.3% of the total population having access to electricity, showcasing significant strides in improving energy accessibility. Dive deeper into Nepal's energy dynamics to understand the challenges and opportunities that lie ahead.