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Asia-Pacific

Cambodia

With a power score of 1.96, Cambodia ranks number 53 among Emerging Markets and number 15 in the Asia-Pacific region

Power score

1.96/5

12345

Score over time

2021 - 2024

23
2021
22
2022
35
2023
53
2024

Overview

Cambodia has a power score of 1.96, which puts it at rank 53 in the Emerging Markets power ranking. In comparison to 2023, Cambodia has dropped in the power rankings by 18 places, from rank 35, to rank 53.

At 1.96, the power score of Cambodia is better than than the regional average of 1.94 in the Asia-Pacific region and puts it at rank 15 in the region.

Regional comparison chart

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Cambodia

Power

Power policy

Cambodia implements policies in 5/9 power policy categories tracked by Climatescope, including Renewable energy target, Renewable energy auction, Import tax incentives, VAT incentives, and Renewable Energy Certificates.

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 Cambodia has dropped from 137.47 USD/MWh in 2022 to 137.27 USD/MWh in 2023. Since 2017, the average electricity price in Cambodia has fluctuated between 137.27 USD/MWh (2023) and 161.49 USD/MWh (2017).

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Power market

The top amount of capacity installed in Cambodia in 2023 was in Large Hydro at 42.36%, down from 45.65% in 2022. The technology with the biggest increase in capacity installed in 2023 was Coal at 31.5%, up from 18.84% in 2022.

Installed capacity (in MW)

2000200520102015202001K2K3K4K MW

Electricity generation (in GWh)

2000200520102015202005K10K15K GWh

The top amount of electricity generated in Cambodia in 2023 was in Coal at 48.06%, up from 24.77% in 2022.

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Investment in clean energy in Cambodia was around $1.20 million in 2023, a decrease of 97.69% from 2022 ($51.80 million). Between 2018 and 2023, the highest investment in clean energy was in 2019 at $196.10 million, while the lowest was in 2023 with $1.20 million.

Utility privatisation

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

generation: Yes
transmission: Yes
retail: No

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?

Yes

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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