Renewable Energy is an arm of the Power Generation Directorate that concentrates on green investments, its financing and technical innovations for a low carbon future.

Power Generation Mix


Power Generation Fragmentation
IPP/ZESCO ENERGY SOURCE % of Generation Capacity
IPP 47.01 % 1,665.3
Coal 8.5 % 300.0
HFO 2.96 % 105.0
Hydro 32.1 % 1,136.0
Solar 2.38 % 88.3
ZESCO 52.99% 1,876.8
Hydro 52.99 % 1,876.8
Total 100 3,542.1

CARBON TRADING INITIATIVES

  • ZESCO Limited takes cognisance of climate change instruments, particularly carbon markets, that incentivize climate action by enabling parties to trade carbon credits generated by the reduction or removal of Green House Gases (GHGs) from the atmosphere, such as switching from fossil fuels to renewable energy or enhancing or conserving carbon stocks in ecosystems such as forests.
  • Article 6 of the Paris Agreement allows countries to voluntarily cooperate with each other to achieve emission reduction targets set out in their Nationally Determined Contributions (NDCs).
Relevant provisions to ZESCO include;
  1. Article 6.2: Creates the basis for trading in GHG emission reductions (or “mitigation outcomes”) across countries
  2. Article 6.4: Establishes a mechanism for trading GHG emission reductions between countries under the supervision of the Conference of Parties – the decision-making body of the UN Framework Convention on Climate Change.
  3. Article 6.8: Recognizes non-market approaches to promote mitigation and adaptation. It introduces cooperation through finance, technology transfer, and capacity building, where no trading of emission reductions is involved.
  • ZESCO aspires to explore carbon financing mechanisms for development of renewable energy projects, riding on the Southern African Power Pool (SAPP) Grid Emission Factor and additionally principle