Asia-Pacific
With a power score of 2.18, Nepal ranks number 28 among Emerging Markets and number 6 in the Asia-Pacific region
Power score
2.18/5
Score over time
2021 - 2024
Nepal has a power score of 2.18, which puts it at rank 28 in the Emerging Markets power ranking. In comparison to 2023, Nepal has dropped in the power rankings by 2 places, from rank 26, to rank 28.
At 2.18, the power score of Nepal is better than than the regional average of 1.94 in the Asia-Pacific region and puts it at rank 6 in the region.
Nepal implements policies in 4/9 power policy categories tracked by Climatescope, including Renewable energy target, Renewable energy auction, Net metering, and Import tax incentives.
The average electricity price in Nepal has increased from 69.14 USD/MWh in 2022 to 69.90 USD/MWh in 2023. Since 2017, the average electricity price in Nepal has fluctuated between 69.14 USD/MWh (2022) and 100.10 USD/MWh (2017).
The top amount of capacity installed in Nepal in 2023 was in Small Hydro at 55.03%, up from 50.55% in 2022.
The top amount of electricity generated in Nepal in 2023 was in Small Hydro at 77.72%, up from 72.77% in 2022.
Investment in clean energy in Nepal was around $ million in 2023. Between 2018 and 2023, the highest investment in clean energy was in 2018 at $37.00 million, while the lowest was in 2020 with $7.50 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.