Europe
With a power score of 1.4, Belarus ranks number 92 among Emerging Markets and number 10 in the Europe region
Power score
1.4/5
Score over time
2021 - 2024
Belarus has a power score of 1.40, which puts it at rank 92 in the Emerging Markets power ranking. In comparison to 2023, Belarus has improved in the power rankings by 4 places, from rank 96, to rank 92.
At 1.40, the power score of Belarus is worse than than the regional average of NaN in the Europe region and puts it at rank 10 in the region.
Belarus implements policies in 4/9 power policy categories tracked by Climatescope, including Renewable energy target, Feed-in tariff, Import tax incentives, and VAT incentives.
The average electricity price in Belarus has increased from 78.80 USD/MWh in 2022 to 102.87 USD/MWh in 2023. Since 2017, the average electricity price in Belarus has fluctuated between 78.80 USD/MWh (2022) and 102.87 USD/MWh (2023).
The top amount of capacity installed in Belarus in 2023 was in Natural Gas at 75.02%, down from 83.99% in 2022. The technology with the biggest increase in capacity installed in 2023 was Nuclear at 21.37%, up from 11.96% in 2022.
The top amount of electricity generated in Belarus in 2023 was in Natural Gas at 80.21%, down from 86.99% in 2022. The technology with the biggest increase in electricity generated in 2023 was Nuclear at 18.38%, up from 11.48% in 2022.
Investment in clean energy in Belarus was around $ million in 2023. Between 2018 and 2023, the highest investment in clean energy was in 2019 at $190.00 million, while the lowest was in 2018 with $25.70 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.