Africa
With a power score of 2.3, Benin ranks number 18 among Emerging Markets and number 5 in the Africa region
Power score
2.3/5
Score over time
2021 - 2024
Benin has a power score of 2.30, which puts it at rank 18 in the Emerging Markets power ranking. In comparison to 2023, Benin has improved in the power rankings by 5 places, from rank 23, to rank 18.
At 2.30, the power score of Benin is better than than the regional average of 1.8 in the Africa region and puts it at rank 5 in the region.
Benin implements policies in 7/9 power policy categories tracked by Climatescope, including Renewable energy target, Renewable energy auction, Net metering, Import tax incentives, VAT incentives, Priority grid access, and Renewable Energy Certificates.
The average electricity price in Benin has increased from 195.12 USD/MWh in 2022 to 200.76 USD/MWh in 2023. Since 2017, the average electricity price in Benin has fluctuated between 167.99 USD/MWh (2017) and 219.42 USD/MWh (2021).
The top amount of capacity installed in Benin in 2023 was in Natural Gas at 53.72%, down from 85.81% in 2022. The technology with the biggest increase in capacity installed in 2023 was Utility-scale PV at 46.13%, up from 12.12% in 2022.
The top amount of electricity generated in Benin in 2023 was in Natural Gas at 96.85%, up from 96.67% in 2022.
Investment in clean energy in Benin was around $15.75 million in 2023, a decrease of 56.25% from 2022 ($36.00 million). Between 2018 and 2023, the highest investment in clean energy was in 2021 at $72.00 million, while the lowest was in 2023 with $15.75 million.
Which segments of the power sector are open to private participation?
Type
Question
Availability
Are other PPAs (eg. corporate PPAs) signed in or indexed to U.S. Dollars or Euro?
Type
Question
Availability
Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?
Type
Question
Availability
Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?
Type
Question
Availability
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.