Middle East
With a power score of 0.95, Kuwait ranks number 101 among Emerging Markets and number 9 in the Middle East region
Power score
0.95/5
Score over time
2021 - 2024
Kuwait has a power score of 0.95, which puts it at rank 101 in the Emerging Markets power ranking. In comparison to 2023, Kuwait has dropped in the power rankings by 11 places, from rank 90, to rank 101.
At 0.95, the power score of Kuwait is worse than than the regional average of 1.84 in the Middle East region and puts it at rank 9 in the region.
Kuwait implements policies in 2/9 power policy categories tracked by Climatescope, including Renewable energy target, and Renewable energy auction.
The average electricity price in Kuwait has increased from 26.88 USD/MWh in 2022 to 27.11 USD/MWh in 2023. Since 2017, the average electricity price in Kuwait has fluctuated between 26.88 USD/MWh (2020) and 27.78 USD/MWh (2019).
The top amount of capacity installed in Kuwait in 2023 was in Oil & Diesel at 64.6%, down from 64.83% in 2022. The technology with the biggest increase in capacity installed in 2023 was Utility-scale PV at 0.22%, up from 0.12% in 2022.
The top amount of electricity generated in Kuwait in 2023 was in Oil & Diesel at 60.9%, up from 59.31% 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.