Africa
With a power score of 1.8, Liberia ranks number 66 among Emerging Markets and number 21 in the Africa region
Power score
1.8/5
Score over time
2021 - 2024
Liberia has a power score of 1.80, which puts it at rank 66 in the Emerging Markets power ranking. In comparison to 2023, Liberia has improved in the power rankings by 34 places, from rank 100, to rank 66.
At 1.80, the power score of Liberia is better than than the regional average of 1.8 in the Africa region and puts it at rank 21 in the region.
Liberia 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.
The average electricity price in Liberia has increased from 197.00 USD/MWh in 2022 to 224.67 USD/MWh in 2023. Since 2017, the average electricity price in Liberia has fluctuated between 197.00 USD/MWh (2021) and 461.54 USD/MWh (2017).
The top amount of capacity installed in Liberia in 2023 was in Large Hydro at 67.83%, down from 67.9% in 2022. The technology with the biggest increase in capacity installed in 2023 was Other Fossil Fuels at 0.11%, up from 0% in 2022.
The top amount of electricity generated in Liberia in 2023 was in Large Hydro at 95.74%, up from 83.49% in 2022.
Investment in clean energy in Liberia was around $ million in 2023. Between 2018 and 2023, the highest investment in clean energy was in 2020 at $15.00 million, while the lowest was in 2019 with $8.00 million.
Which segments of the power sector are open to private participation?
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Availability
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.