Africa
With a power score of 1.1, Lesotho ranks number 100 among Emerging Markets and number 38 in the Africa region
Power score
1.1/5
Score over time
2021 - 2024
Lesotho has a power score of 1.10, which puts it at rank 100 in the Emerging Markets power ranking. In comparison to 2023, Lesotho has dropped in the power rankings by 1 place, from rank 99, to rank 100.
At 1.10, the power score of Lesotho is worse than than the regional average of 1.8 in the Africa region and puts it at rank 38 in the region.
Lesotho implements policies in 5/9 power policy categories tracked by Climatescope, including Renewable energy target, Renewable energy auction, Import tax incentives, VAT incentives, and Priority grid access.
The average electricity price in Lesotho has increased from 40.24 USD/MWh in 2022 to 46.98 USD/MWh in 2023. Since 2017, the average electricity price in Lesotho has fluctuated between 40.24 USD/MWh (2022) and 50.15 USD/MWh (2018).
The top amount of capacity installed in Lesotho in 2023 was in Large Hydro at 71.43%, down from 100% in 2022. The technology with the biggest increase in capacity installed in 2023 was Utility-scale PV at 28.57%, up from 0% in 2022.
The top amount of electricity generated in Lesotho in 2023 was in Large Hydro at 92.31%, down from 100% in 2022. The technology with the biggest increase in electricity generated in 2023 was PV at 7.69%, up from 0% 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.