With a power score of 0.98, Eritrea ranks number 90 among Emerging markets and number 34 in Africa.
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Eritrea has a power score of 0.98, which puts it at rank 90 in the Emerging Markets power ranking. The power score of Eritrea 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.
Eritrea implements policies in 2/8 categories tracked by Climatescope; Renewable energy target and Auctions/tenders (utility-scale)
The average electricity price in Eritrea has remained the same since 2023. Since 2019, the average electricity price in Eritrea has fluctuated between $15.46/MWh in 2019 and $16.00/MWh in 2024.
The top amount of capacity installed in Eritrea in 2024 was in Oil and diesel at 82.8MW.
The technology with the largest share of electricity generated in Eritrea in 2024 was Oil and diesel at 217.6GWh.
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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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