With a power score of 2.53, Guatemala ranks number 12 among Emerging markets and number 3 in the Latin America region.
MarketComparison
Select up to 3 markets to compareExplore the fullProfile on BNEF
Guatemala has a power score of 2.53, which puts it at rank 12 in the Emerging Markets power ranking. The power score of Guatemala is higher 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.
Guatemala implements policies in 5/8 categories tracked by Climatescope; Renewable energy target, Auctions/tenders (utility-scale), Support for customer-sited generation (rooftop and self-consumption), Tax incentives, and REC'S - Renewable Energy Certificates
The average electricity price in Guatemala has increased from ~$142/MWh in 2023 to ~$154/MWh in 2024. Since 2019, the average electricity price in Guatemala has fluctuated between ~$142/MWh in 2023 and ~$166/MWh in 2021.
The top amount of capacity installed in Guatemala in 2024 was in Hydro at 1.52GW, up from 1.51GW in 2023.
The technology with the largest share of electricity generated in Guatemala in 2024 was Hydro at 5.33TWh, down from 5.57TWh in 2023.
Investment in clean energy in Guatemala was around $105.32M in 2024. This amounts to an increase of around 95% from $54.06M in 2023.
Which segments of the power sector are open to private participation?
Detailed data on all 220 indicators
Model available to download
Historical data for 15 years
In-depth analysis for 110 markets
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.
Download the report