Africa
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
Score over time
2021 - 2024
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.
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.
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).
The top amount of capacity installed in Angola in 2023 was in Large Hydro at 54.41%, up from 53.95% in 2022.
The top amount of electricity generated in Angola in 2023 was in Large Hydro at 87.49%, up from 86.24% in 2022.
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.
Which segments of the power sector are open to private participation?
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Are other PPAs (eg. corporate PPAs) signed in or indexed to U.S. Dollars or Euro?
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Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?
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Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?
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Does the government significantly increase the wholesale price of electricity from fossil fuel through targeted taxes and/or carbon prices?
For more information on best practices and climate action, explore the NetZero Pathfinders project by BloombergNEF.