Africa
With a power score of 1.65, Mali ranks number 80 among Emerging Markets and number 30 in the Africa region
Power score
1.65/5
Score over time
2021 - 2024
Mali has a power score of 1.65, which puts it at rank 80 in the Emerging Markets power ranking. In comparison to 2023, Mali has dropped in the power rankings by 23 places, from rank 57, to rank 80.
At 1.65, the power score of Mali is worse than than the regional average of 1.8 in the Africa region and puts it at rank 30 in the region.
Mali implements policies in 3/9 power policy categories tracked by Climatescope, including Renewable energy target, Import tax incentives, and VAT incentives.
The average electricity price in Mali has increased from 171.41 USD/MWh in 2022 to 176.36 USD/MWh in 2023. Since 2017, the average electricity price in Mali has fluctuated between 160.66 USD/MWh (2017) and 192.76 USD/MWh (2021).
The top amount of capacity installed in Mali in 2023 was in Oil & Diesel at 58.44%, down from 61.29% in 2022. The technology with the biggest increase in capacity installed in 2023 was Large Hydro at 18.81%, up from 14.47% in 2022.
The top amount of electricity generated in Mali in 2023 was in Oil & Diesel at 58.16%, up from 57.01% in 2022. The technology with the biggest increase in electricity generated in 2023 was Large Hydro at 28.49%, up from 21.98% in 2022.
Investment in clean energy in Mali was around $ million in 2023, a decrease of 100% from 2022 ($2.81 million). Between 2018 and 2023, the highest investment in clean energy was in 2019 at $97.22 million, while the lowest was in 2022 with $2.81 million.
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.