Latin America
With a power score of 1.48, Paraguay ranks number 88 among Emerging Markets and number 18 in the Latin America region
Power score
1.48/5
Score over time
2021 - 2024
Paraguay has a power score of 1.48, which puts it at rank 88 in the Emerging Markets power ranking. In comparison to 2023, Paraguay has improved in the power rankings by 7 places, from rank 95, to rank 88.
At 1.48, the power score of Paraguay is worse than than the regional average of 1.93 in the Latin America region and puts it at rank 18 in the region.
Paraguay implements policies in 3/9 power policy categories tracked by Climatescope, including Renewable energy target, Net metering, and Import tax incentives.
The average electricity price in Paraguay has increased from 38.44 USD/MWh in 2022 to 38.69 USD/MWh in 2023. Since 2017, the average electricity price in Paraguay has fluctuated between 38.44 USD/MWh (2022) and 64.11 USD/MWh (2018).
The top amount of capacity installed in Paraguay in 2023 was in Large Hydro at 99.97%.
The top amount of electricity generated in Paraguay in 2023 was in Large Hydro at 99.98%.
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.