Latin America
With a power score of 1.96, Honduras ranks number 52 among Emerging Markets and number 12 in the Latin America region
Power score
1.96/5
Score over time
2021 - 2024
Honduras has a power score of 1.96, which puts it at rank 52 in the Emerging Markets power ranking. In comparison to 2023, Honduras has dropped in the power rankings by 9 places, from rank 43, to rank 52.
At 1.96, the power score of Honduras is better than than the regional average of 1.93 in the Latin America region and puts it at rank 12 in the region.
Honduras implements policies in 7/9 power policy categories tracked by Climatescope, including Renewable energy target, Renewable energy auction, Feed-in tariff, Net metering, Import tax incentives, VAT incentives, and Priority grid access.
The average electricity price in Honduras has increased from 169.52 USD/MWh in 2022 to 205.00 USD/MWh in 2023. Since 2017, the average electricity price in Honduras has fluctuated between 144.39 USD/MWh (2017) and 205.00 USD/MWh (2023).
The top amount of capacity installed in Honduras in 2023 was in Oil & Diesel at 32.12%, up from 31.76% in 2022.
The top amount of electricity generated in Honduras in 2023 was in Oil & Diesel at 42.3%, up from 35.51% in 2022.
Investment in clean energy in Honduras was around $14.00 million in 2023. Between 2018 and 2023, the highest investment in clean energy was in 2020 at $77.60 million, while the lowest was in 2021 with $11.66 million.
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.