Asia-Pacific
With a power score of 2.1, Pakistan ranks number 35 among Emerging Markets and number 8 in the Asia-Pacific region
Power score
2.1/5
Score over time
2021 - 2024
Pakistan has a power score of 2.10, which puts it at rank 35 in the Emerging Markets power ranking. In comparison to 2023, Pakistan has improved in the power rankings by 7 places, from rank 42, to rank 35.
At 2.10, the power score of Pakistan is better than than the regional average of 1.94 in the Asia-Pacific region and puts it at rank 8 in the region.
Pakistan implements policies in 6/9 power policy categories tracked by Climatescope, including Renewable energy target, Renewable energy auction, Net metering, Import tax incentives, Priority grid access, and Renewable Energy Certificates.
The average electricity price in Pakistan has dropped from 120.67 USD/MWh in 2022 to 90.18 USD/MWh in 2023. Since 2017, the average electricity price in Pakistan has fluctuated between 80.15 USD/MWh (2020) and 125.13 USD/MWh (2018).
The top amount of capacity installed in Pakistan in 2023 was in Natural Gas at 23.09%, down from 24.03% in 2022. The technology with the biggest increase in capacity installed in 2023 was Coal at 11.2%, up from 9.06% in 2022.
The top amount of electricity generated in Pakistan in 2023 was in Natural Gas at 25.26%, down from 26.1% in 2022. The technology with the biggest increase in electricity generated in 2023 was Nuclear at 18.92%, up from 15.3% in 2022.
Investment in clean energy in Pakistan was around $475.06 million in 2023, an increase of 915.45% from 2022 ($46.78 million). Between 2018 and 2023, the highest investment in clean energy was in 2020 at $545.76 million, while the lowest was in 2022 with $46.78 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.