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Africa

Guinea

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

135135135

Score over time

2021 - 2024

85
2021
90
2022
102
2023
102
2024

Overview

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.

Regional comparison chart

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Guinea

Power

Power policy

Guinea implements policies in 1/9 power policy categories tracked by Climatescope, including , and Renewable energy target.

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 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).

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Power market

The top amount of capacity installed in Guinea in 2023 was in Large Hydro at 66.51%, up from 63.99% in 2022.

Installed capacity (in MW)

2000200520102015202005001K MW

Electricity generation (in GWh)

2000200520102015202001K2K3K GWh

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.

Utility privatisation

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

generation: Yes
transmission: No
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?

Yes

Type

Question

Availability

Fossil fuel price distortions - Subsidies

Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?

No

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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