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Africa

Angola

With a power score of 1.67, Angola ranks number 78 among Emerging Markets and number 28 in the Africa region

Power score

1.67/5

12345

Score over time

2021 - 2024

72
2021
81
2022
78
2023
78
2024

Overview

Angola has a power score of 1.67, which puts it at rank 78 in the Emerging Markets power ranking.

At 1.67, the power score of Angola is worse than than the regional average of 1.8 in the Africa region and puts it at rank 28 in the region.

Regional comparison chart

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Angola

Power

Power policy

Angola implements policies in 4/9 power policy categories tracked by Climatescope, including Renewable energy target, Feed-in tariff, Net metering, and Import tax incentives.

Power policies

Renewable energy target
Renewable energy auction
Feed-in tariff
Net metering
Import tax incentives
VAT incentives
Priority grid access
Renewables mandate
Renewable Energy Certificates

Power prices and costs

The average electricity price in Angola has dropped from 21.52 USD/MWh in 2022 to 14.24 USD/MWh in 2023. Since 2017, the average electricity price in Angola has fluctuated between 14.24 USD/MWh (2023) and 34.15 USD/MWh (2017).

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Power market

The top amount of capacity installed in Angola in 2023 was in Large Hydro at 54.41%, up from 53.95% in 2022.

Installed capacity (in MW)

2000200520102015202002K4K6K MW

Electricity generation (in GWh)

2000200520102015202005K10K15K20K GWh

The top amount of electricity generated in Angola in 2023 was in Large Hydro at 87.49%, up from 86.24% in 2022.

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Investment in clean energy in Angola was around $22.60 million in 2023. Between 2018 and 2023, the highest investment in clean energy was in 2020 at $974.77 million, while the lowest was in 2021 with $15.25 million.

Utility privatisation

Which segments of the power sector are open to private participation?

generation: Yes
transmission: No
retail: Yes

Doing business and barriers

Type

Question

Availability

Currency of PPAs

Are other PPAs (eg. corporate PPAs) signed in or indexed to U.S. Dollars or Euro?

No

Type

Question

Availability

Bilateral power contracts

Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?

No

Type

Question

Availability

Fossil fuel price distortions - Subsidies

Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?

No

Type

Question

Availability

Fossil fuel price distortions - Taxes and carbon prices

Does the government significantly increase the wholesale price of electricity from fossil fuel through targeted taxes and/or carbon prices?

No

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