Total potential demand for the mining sector is about 500Mw against a current supply of about 300Mw. There is huge potential for investment in the energy sector especially hydropower which may increase investment in wind and solar energy for feeding in the national grid. the Economic Report of 2021 confirms this requirement too:

i. Paladin (Africa) Limited is currently on Care & Maintenance at the Kayelekera
Uranium mine in Karonga District. The plant requires 15 Megawatts.
ii. Globe Metals and Mining completed a Technical & bankable feasibility study over
Kanyika Niobium deposit in Mzimba District. The Company has submitted a draft
Mining Development Agreement for discussion with Government which is underway
and at an advanced stage. The mine plant requires 18 Megawatts of electricity.
iii. Mkango Resources Limited is conducting bankable feasibility studies over Rare Earth
Minerals at Songwe Hill in Phalombe District. It will require 25 Megawatts.
iv. Bwanje Cement Products located at Malowa Hill, Golomoti in Dedza district concluded
bankable feasibility studies and is currently re-evaluating the resource as well as
environmental and social impacts assessment. The company will require 15 Megawatts
to run the cement plant.
v. Cements Products Limited located in Njeleza, Mangochi district which is currently
operational and undertaking expansion works that requires an additional 5 Megawatts
from the current 5 Megawatts being utilised.
vi. Shayona Cement Corporation located at Chamama in Kasungu district is currently
operational and undertaking expansion works that requires an additional 5.5 Megawatts
on top of the current 7.5 Megawatts being utilised.
vii. Mawei Heavy Minerals Sands project located at Makanjira in Mangochi district
completed feasibility studies and environmental studies. The company requires an
initial 5-10 Megawatts to kick start the project then increase to 50 Megawatts once a
smelter plant has been installed.
viii. Tengani Heavy Minerals Sands project located at Tengani in Nsanje district requires
an initial 5-10 Megawatt to kick start the project then increase to 30 Megawatts once
all processing plants are installed.
ix. Completion of conducting detailed exploration and Technical Feasibility Studies for
rare earth minerals and bauxite at Chambe Basin on top of Mulanje Mountain will
commence shortly. Future mine will require 30 Megawatts.
x. Rift Valley Mineral Resource Developments is re-evaluating the Kangankunde Rare
Earth Prospect in Balaka district. The proposed mine requires 30 Megawatts.
xi. Sovereign Metals has completed the technical feasibility studies over huge deposits of
graphite and rutile will require 10 Megawatts to power the mine plant.