Abstract

This research examines Botswana’s significant reliance on coal and imported fossil fuels for electricity generation, contributing to high carbon emissions and energy insecurity influenced by volatile fuel prices and supply challenges. The study utilizes the Open-Source Energy Modelling System (OSeMOSYS) to explore cost-effective renewable energy strategies to meet Botswana’s Nationally Determined Contributions (NDCs) and enhance energy security by 2050, analysing six scenarios: Least Cost (LC), Business-As-Usual (BAU), Net Zero by 2050 (NZ), Coal Phase Out by 2045 (CPO), Fossil Fuel Phase Out by 2045 (FFPO), and Import Phase Out by 2045 (IMPPO). Our key findings highlight the critical role of solar technologies—photovoltaic (PV), storage, and concentrated solar power (CSP)—in transitioning to a sustainable energy future, especially under the Net Zero and Import Phase Out scenarios. This research demonstrates the economic and environmental benefits of transitioning away from fossil fuels, with the Fossil Fuel Phase Out scenario yielding a USD 31 million saving over the Business-As-Usual approach and reducing investment costs by USD 2 billion, albeit with a slight increase in light fuel oil imports. The study underscores the need for substantial capital investments, particularly in the Net Zero and Import Phase Out scenarios, necessitating private sector financing. Policy recommendations include adopting detailed strategies for solar PV and storage expansion, updating renewable energy targets, phasing out coal and natural gas, and bolstering the regulatory framework. These strategies are crucial for Botswana to achieve decarbonization and energy independence, aligning with global climate goals and national energy security objectives.

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