With a power score of 1.85, El Salvador ranks number 71 among Emerging markets and number 13 in the Latin America region.
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El Salvador has a power score of 1.85, which puts it at rank 71 in the Emerging Markets power ranking. The power score of El Salvador is lower than the average of 2.07 in the Latin America region.
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.
El Salvador implements policies in 5/8 categories tracked by Climatescope; Renewable energy target, Support for customer-sited generation (rooftop and self-consumption), Tax incentives, REC'S - Renewable Energy Certificates, and Priority generation dispatch
The average electricity price in El Salvador has increased from ~$143/MWh in 2023 to ~$172/MWh in 2024. Since 2019, the average electricity price in El Salvador has fluctuated between ~$136/MWh in 2021 and ~$188/MWh in 2019.
The top amount of capacity installed in El Salvador in 2024 was in Solar at 846.09MW, up from 835.1MW in 2023.
The technology with the largest share of electricity generated in El Salvador in 2024 was Natural gas at 2.48TWh.
Investment in clean energy in El Salvador was around $15.40M in 2024. This amounts to a decrease of around 48% from $29.88M 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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