Ethiopia is a low-income country, with low electricity access (45%) and an inefficient power transmission network. The government aims to achieve universal access and become an electricity exporter in the region by 2025. This study provides an invaluable perspective on different aspects of Ethiopia’s energy transition, focusing on achieving universal access and covering the country’s electricity needs during 2015–2065. We co-developed and investigated three scenarios to examine the policy and technology levels available to the government to meet their national priorities. To conduct this analysis, we soft-linked OnSSET, a modelling tool used for geospatial analysis, with OSeMOSYS, a cost-optimization modelling tool used for medium to long-run energy planning. Our results show that the country needs to diversify its power generation system to achieve universal access and cover its future electricity needs by increasing its overall carbon dioxide emissions and fully exploit hydropower. With the aim of achieving universal access by 2025, the newly electrified population is supplied primarily by the grid (65%), followed by stand-alone (32%) technologies. Similarly, until 2065, most of the electrified people by 2025 will continue to be grid-connected (99%). The country’s exports will increase to 17 TWh by 2065, up from 832 GWh in 2015, leading to a cumulative rise in electricity export revenues of 184 billion USD.