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Africa

Sierra Leone

With a power score of 1.44, Sierra Leone ranks number 91 among Emerging Markets and number 34 in the Africa region

Power score

1.44/5

135135135

Score over time

2021 - 2024

66
2021
64
2022
69
2023
91
2024

Overview

Sierra Leone has a power score of 1.44, which puts it at rank 91 in the Emerging Markets power ranking. In comparison to 2023, Sierra Leone has dropped in the power rankings by 22 places, from rank 69, to rank 91.

At 1.44, the power score of Sierra Leone is worse than than the regional average of 1.8 in the Africa region and puts it at rank 34 in the region.

Regional comparison chart

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Sierra Leone

Power

Power policy

Sierra Leone implements policies in 2/9 power policy categories tracked by Climatescope, including Renewable energy target, and Import tax incentives.

Power policies

Renewable energy target
Renewable energy auction
Feed-in tariff
Net metering
Import tax incentives
VAT incentives
Priority grid access
Renewables mandate
Renewable Energy Certificates

Power prices and costs

The average electricity price in Sierra Leone has increased from 222.76 USD/MWh in 2022 to 231.74 USD/MWh in 2023. Since 2017, the average electricity price in Sierra Leone has fluctuated between 154.91 USD/MWh (2018) and 285.26 USD/MWh (2019).

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Power market

The top amount of capacity installed in Sierra Leone in 2023 was in Oil & Diesel at 56.19%, down from 57.63% in 2022. The technology with the biggest increase in capacity installed in 2023 was Utility-scale PV at 5.47%, up from 3.06% in 2022.

Installed capacity (in MW)

20002005201020152020050100150200 MW

Electricity generation (in GWh)

200020052010201520200100200300400500 GWh

The top amount of electricity generated in Sierra Leone in 2023 was in Oil & Diesel at 50.97%, up from 50.11% in 2022. The technology with the biggest increase in electricity generated in 2023 was PV at 3.44%, up from 1.9% in 2022.

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Investment in clean energy in Sierra Leone was around $ million in 2023, a decrease of 100% from 2022 ($3.60 million). Between 2018 and 2023, the highest investment in clean energy was in 2019 at $27.04 million, while the lowest was in 2022 with $3.60 million.

Utility privatisation

Which segments of the power sector are open to private participation?

generation: Yes
transmission: No
retail: No

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?

No

Type

Question

Availability

Bilateral power contracts

Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?

Yes

Type

Question

Availability

Fossil fuel price distortions - Subsidies

Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?

No

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?

No

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