Africa
With a power score of 0.92, Guinea ranks number 102 among Emerging Markets and number 39 in the Africa region
Power score
0.92/5
Score over time
2021 - 2024
Guinea has a power score of 0.92, which puts it at rank 102 in the Emerging Markets power ranking.
At 0.92, the power score of Guinea is worse than than the regional average of 1.8 in the Africa region and puts it at rank 39 in the region.
Guinea implements policies in 1/9 power policy categories tracked by Climatescope, including , and Renewable energy target.
The average electricity price in Guinea has increased from 152.87 USD/MWh in 2022 to 156.25 USD/MWh in 2023. Since 2017, the average electricity price in Guinea has fluctuated between 85.65 USD/MWh (2017) and 156.25 USD/MWh (2023).
The top amount of capacity installed in Guinea in 2023 was in Large Hydro at 66.51%, up from 63.99% in 2022.
The top amount of electricity generated in Guinea in 2023 was in Large Hydro at 79.54%, down from 83.18% in 2022. The technology with the biggest increase in electricity generated in 2023 was Oil & Diesel at 16.91%, up from 13.97% in 2022.
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.