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Africa

Ivory Coast

With a power score of 1.68, Ivory Coast ranks number 77 among Emerging Markets and number 27 in the Africa region

Power score

1.68/5

12345

Score over time

2021 - 2024

64
2021
60
2022
76
2023
77
2024

Overview

Ivory Coast has a power score of 1.68, which puts it at rank 77 in the Emerging Markets power ranking. In comparison to 2023, Ivory Coast has dropped in the power rankings by 1 place, from rank 76, to rank 77.

At 1.68, the power score of Ivory Coast is worse than than the regional average of 1.8 in the Africa region and puts it at rank 27 in the region.

Regional comparison chart

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Ivory Coast

Power

Power policy

Ivory Coast implements policies in 5/9 power policy categories tracked by Climatescope, including Renewable energy target, Renewable energy auction, Net metering, Import tax incentives, and VAT incentives.

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 Ivory Coast has increased from 1.46 USD/MWh in 2022 to 2.40 USD/MWh in 2023. Since 2017, the average electricity price in Ivory Coast has fluctuated between 1.15 USD/MWh (2017) and 2.40 USD/MWh (2023).

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Power market

The top amount of capacity installed in Ivory Coast in 2023 was in Natural Gas at 61.23%, down from 62.72% in 2022. The technology with the biggest increase in capacity installed in 2023 was Small-scale PV - residential at 5.91%, up from 3.63% in 2022.

Installed capacity (in MW)

2000200520102015202005001K1.5K2K2.5K MW

Electricity generation (in GWh)

2000200520102015202005K10K GWh

The top amount of electricity generated in Ivory Coast in 2023 was in Natural Gas at 76.55%, up from 76.41% in 2022.

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Investment in clean energy in Ivory Coast was around $ million in 2023, a decrease of 100% from 2022 ($184.93 million). Between 2018 and 2023, the highest investment in clean energy was in 2021 at $282.34 million, while the lowest was in 2018 with $41.51 million.

Utility privatisation

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

generation: Yes
transmission: Yes
retail: Yes

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?

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?

Yes

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