Pakistan
With a power score of 1.86, Pakistan ranks number 42 among emerging markets and number 69 in the global power ranking.
- Emerging markets
- Asia-Pacific
1.86 / 5
Power score
-3 places
Global power rank change
Overview
Pakistan has a power score of 1.86, which puts it at rank 69 in the global power ranking, and rank 42 in the emerging markets power ranking. In comparison to 2021, Pakistan has deteriorated in the power rankings by -4 places, from rank 65, to rank 69.
At 1.86, the power score of Pakistan is lower than the regional average of 1.88 in the Asia-Pacific region.
Regional power score comparison
Power
Power policy
Pakistan implements policies in 4/6 power policy categories tracked by Climatescope, including Renewable energy target, Renewable energy auction, Feed-in Tariff, Net Metering, Import tax incentives, VAT incentives.
Power policies
Power prices and costs
The average electricity price in Pakistan has increased from 109.44 USD/MWh in 2021 to 120.67 USD/MWh in 2022. Since 2017, the average electricity price in Pakistan has fluctuated between 80.15 USD/MWh (2020) and 125.13 USD/MWh (2018).
Power market
The top amount of capacity installed in Pakistan in 2022 was in Natural Gas at 23.08%, down from 23.78% in 2021. The technology with the biggest increase in capacity installed in 2022 was Solar PV at 16.55%, up from 14.31 in 2021.
Installed capacity (in MW)
Electricity generation (in GWh)
The largest electricity generating technology in Pakistan in 2022 was Natural Gas, generating some 28.3% of electricity, down from 28.32% in 2021. The technology with the biggest increase in eletricity generation in 2022 was Nuclear at 14.22%, up from 10.84% in 2021.
Investment in clean energy in Pakistan was around $46.78 million in 2022, a decrease of 79.3% from 2021 ($226 million). Between 2017 and 2022, the highest investment in clean energy was in 2017 at $746.53 million, while the lowest was in 2022 with $46.78 million.
Utility privatisation
Which segments of the power sector are open to private participation?
Type
Question
Availability
Wholesale power market
Does the country have a wholesale power market?
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?
Type
Question
Availability
Bilateral power contracts
Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?
Type
Question
Availability
Fossil fuel price distortions - Subsidies
Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?
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?
Transport
Transport policy
Pakistan implements policies in 5/9 transport policy categories tracked by Climatescope, including Clean transport target, National ICE phase-out, EV purchase grant/loan incentive, EV VAT reduction/exemption, EV import tax reduction/exemption, EV income tax reduction/exemption, EV recurring tax reduction/exemption, EV charging infrastructure target, E-bus target.
Transport policies
Type
Question
Availability
Fuel economy standards
Does the country have a fuel economy standard in place?