Bolivia
With a power score of 1.62, Bolivia ranks number 75 among emerging markets and number 102 in the global power ranking.
- Emerging markets
- Latin America
1.62 / 5
Power score
-20 places
Global power rank change
Overview
Bolivia has a power score of 1.62, which puts it at rank 102 in the global power ranking, and rank 75 in the emerging markets power ranking. In comparison to 2021, Bolivia has improved in the power rankings by 2 places, from rank 104, to rank 102.
At 1.62, the power score of Bolivia is lower than the regional average of 1.81 in the Latin America region.
Regional power score comparison
Power
Power policy
Bolivia implements policies in 3/6 power policy categories tracked by Climatescope, including Renewable energy target, Renewable energy auction, Feed-in Tariff, Net Metering, Import tax incentives, VAT incentives.
Power policies
Power prices and costs
The average electricity price in Bolivia has increased from 107.33 USD/MWh in 2021 to 163.33 USD/MWh in 2022. Since 2017, the average electricity price in Bolivia has fluctuated between 107.33 USD/MWh (2021) and 163.33 USD/MWh (2022).
Power market
The top amount of capacity installed in Bolivia in 2022 was in Natural Gas at 67.45%, up from 67.35% in 2021.
Installed capacity (in MW)
Electricity generation (in GWh)
The largest electricity generating technology in Bolivia in 2022 was Natural Gas, generating some 53.82% of electricity, up from 53.8% in 2021.
Investment in clean energy in Bolivia was around $37.5 million in 2020, a decrease of 80.4% from 2018 ($191.32 million). Between 2017 and 2020, the highest investment in clean energy was in 2018 at $191.32 million, while the lowest was in 2020 with $37.5 million.
Utility privatisation
Which segments of the power sector are open to private participation?
Type
Question
Availability
Wholesale power market
Does the country have a wholesale power market?
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?
Type
Question
Availability
Bilateral power contracts
Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?
Type
Question
Availability
Fossil fuel price distortions - Subsidies
Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?
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?
Transport
Transport policy
Bolivia implements policies in 2/9 transport policy categories tracked by Climatescope, including Clean transport target, National ICE phase-out, EV purchase grant/loan incentive, EV VAT reduction/exemption, EV import tax reduction/exemption, EV income tax reduction/exemption, EV recurring tax reduction/exemption, EV charging infrastructure target, E-bus target.
Transport policies
Type
Question
Availability
Fuel economy standards
Does the country have a fuel economy standard in place?