Guinea
With a power score of 0.96, Guinea ranks number 104 among emerging markets and number 134 in the global power ranking.
- Emerging markets
- Africa
0.96 / 5
Power score
-3 places
Global power rank change
Overview
Guinea has a power score of 0.96, which puts it at rank 134 in the global power ranking, and rank 104 in the emerging markets power ranking. In comparison to 2021, Guinea has deteriorated in the power rankings by -17 places, from rank 117, to rank 134.
At 0.96, the power score of Guinea is lower than the regional average of 1.54 in the Africa region.
Regional power score comparison
Power
Power policy
Guinea implements policies in 1/6 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 Guinea has increased from 136.79 USD/MWh in 2021 to 152.87 USD/MWh in 2022. Since 2017, the average electricity price in Guinea has fluctuated between 85.65 USD/MWh (2017) and 152.87 USD/MWh (2022).
Power market
The top amount of capacity installed in Guinea in 2022 was in Large Hydro at 58.77%.
Installed capacity (in MW)
Electricity generation (in GWh)
The largest electricity generating technology in Guinea in 2022 was Large Hydro, generating some 83.18% of electricity, down from 83.29% in 2021. The technology with the biggest increase in eletricity generation in 2022 was Oil & Diesel at 13.97%, up from 13.85% in 2021.
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
Guinea does not implement any policies in any of the transport policy categories tracked by Climatescope.
Transport policies
Type
Question
Availability
Fuel economy standards
Does the country have a fuel economy standard in place?
