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Africa

Malawi

With a power score of 1.83, Malawi ranks number 62 among Emerging Markets and number 18 in the Africa region

Power score

1.83/5

12345

Score over time

2021 - 2024

68
2021
17
2022
44
2023
62
2024

Overview

Malawi has a power score of 1.83, which puts it at rank 62 in the Emerging Markets power ranking. In comparison to 2023, Malawi has dropped in the power rankings by 18 places, from rank 44, to rank 62.

At 1.83, the power score of Malawi is better than than the regional average of 1.8 in the Africa region and puts it at rank 18 in the region.

Regional comparison chart

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Malawi

Power

Power policy

Malawi implements policies in 3/9 power policy categories tracked by Climatescope, including Renewable energy target, Renewable energy auction, and Import tax 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 Malawi has increased from 91.33 USD/MWh in 2022 to 109.30 USD/MWh in 2023. Since 2017, the average electricity price in Malawi has fluctuated between 69.15 USD/MWh (2017) and 109.30 USD/MWh (2023).

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Power market

The top amount of capacity installed in Malawi in 2023 was in Large Hydro at 49.82%, down from 53.16% in 2022. The technology with the biggest increase in capacity installed in 2023 was Small-scale PV - residential at 6.49%, up from 0% in 2022.

Installed capacity (in MW)

200020052010201520200200400600 MW

Electricity generation (in GWh)

2000200520102015202005001K1.5K2K GWh

The top amount of electricity generated in Malawi in 2023 was in Large Hydro at 84.65%, down from 85.17% in 2022. The technology with the biggest increase in electricity generated in 2023 was PV at 12.02%, up from 11.01% in 2022.

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Investment in clean energy in Malawi was around $ million in 2023. Between 2018 and 2023, the highest investment in clean energy was in 2018 at $126.21 million, while the lowest was in 2021 with $17.08 million.

Utility privatisation

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

generation: Yes
transmission: No
retail: No

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?

No

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?

No

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