Zambia
With a power score of 1.4, Zambia ranks number 86 among emerging markets and number 115 in the global power ranking.
- Emerging markets
- Africa
1.40 / 5
Power score
-37 places
Global power rank change
Overview
Zambia has a power score of 1.4, which puts it at rank 115 in the global power ranking, and rank 86 in the emerging markets power ranking. In comparison to 2021, Zambia has deteriorated in the power rankings by -32 places, from rank 83, to rank 115.
At 1.4, the power score of Zambia is lower than the regional average of 1.54 in the Africa region.
Regional power score comparison
Power
Power policy
Zambia implements policies in 3/6 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 Zambia has increased from 67.09 USD/MWh in 2021 to 73.79 USD/MWh in 2022. Since 2017, the average electricity price in Zambia has fluctuated between 58.36 USD/MWh (2019) and 81.48 USD/MWh (2017).
Power market
The top amount of capacity installed in Zambia in 2022 was in Large Hydro at 73.56%, down from 74.12% in 2021. The technology with the biggest increase in capacity installed in 2022 was Solar PV at 11.17%, up from 7.93 in 2021.
Installed capacity (in MW)
Electricity generation (in GWh)
The largest electricity generating technology in Zambia in 2022 was Large Hydro, generating some 85.98% of electricity, down from 87.88% in 2021. The technology with the biggest increase in eletricity generation in 2022 was Coal at 11.16%, up from 7.35% in 2021.
Investment in clean energy in Zambia was around $20.74 million in 2021, a decrease of 62.63% from 2020 ($55.5 million). Between 2017 and 2021, the highest investment in clean energy was in 2018 at $73.8 million, while the lowest was in 2021 with $20.74 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
Zambia implements policies in 1/9 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?