With a power score of 1.94, Benin ranks number 59 among Emerging markets and number 18 in Africa.
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Benin has a power score of 1.94, which puts it at rank 59 in the Emerging Markets power ranking. The power score of Benin is higher 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.
Benin implements policies in 4/8 categories tracked by Climatescope; Renewable energy target, Support for customer-sited generation (rooftop and self-consumption), Tax incentives, and Priority generation dispatch
The average electricity price in Benin has increased from $200.75/MWh in 2023 to $200.81/MWh in 2024. Since 2019, the average electricity price in Benin has fluctuated between $168.77/MWh in 2019 and $219.42/MWh in 2021.
The top amount of capacity installed in Benin in 2024 was in Solar at 202MW, up from 152MW in 2023.
The technology with the largest share of electricity generated in Benin in 2024 was Natural gas at 389.5GWh, down from 412.3GWh in 2023.
Investment in clean energy in Benin was around $13.00M in 2024. This amounts to a decrease of around 17% from $15.75M in 2023.
Which segments of the power sector are open to private participation?
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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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