With a power score of 1.87, Angola ranks number 67 among Emerging markets and number 24 in Africa.
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Angola has a power score of 1.87, which puts it at rank 67 in the Emerging Markets power ranking. The power score of Angola is lower than the average of 1.91 in Africa.
In the chart above all geographies within the region are arranged by power score from left to right. The circles are sized based on the population.
Angola implements policies in 4/8 categories tracked by Climatescope; Renewable energy target, Feed-in tariff/premium (utility-scale), Support for customer-sited generation (rooftop and self-consumption), and Tax incentives
The average electricity price in Angola has decreased from ~$14/MWh in 2023 to ~$12/MWh in 2024. Since 2019, the average electricity price in Angola has fluctuated between ~$12/MWh in 2024 and ~$27/MWh in 2019.
The top amount of capacity installed in Angola in 2024 was in Hydro at 3.79GW, up from 3.76GW in 2023.
The technology with the largest share of electricity generated in Angola in 2024 was Hydro at 20.3TWh, down from 20.66TWh in 2023.
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This is the 14th edition of Climatescope, BloombergNEF’s annual assessment of energy transition opportunities in emerging markets. It highlights how the energy transition is progressing in these markets and how they are harnessing the transition to boost attractiveness to outside investors.
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