Kuwait
With a power score of 1.2, Kuwait ranks number 93 among emerging markets and number 123 in the global power ranking.
- Emerging markets
- Middle East
1.20 / 5
Power score
+7 places
Global power rank change
Overview
Kuwait has a power score of 1.2, which puts it at rank 123 in the global power ranking, and rank 93 in the emerging markets power ranking. In comparison to 2021, Kuwait has improved in the power rankings by 6 places, from rank 129, to rank 123.
At 1.2, the power score of Kuwait is lower than the regional average of 1.74 in the Middle East region.
Regional power score comparison
Power
Power policy
Kuwait implements policies in 2/6 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 Kuwait has dropped from 27.18 USD/MWh in 2021 to 26.88 USD/MWh in 2022. Since 2017, the average electricity price in Kuwait has fluctuated between 26.88 USD/MWh (2020) and 27.78 USD/MWh (2017).
Power market
The top amount of capacity installed in Kuwait in 2022 was in Natural Gas at 99.6%, down from 99.61% in 2021.
Installed capacity (in MW)
Electricity generation (in GWh)
The largest electricity generating technology in Kuwait in 2022 was Natural Gas, generating some 99.99% of electricity, up from 0% in 2021.
Investment in clean energy in Kuwait was around $385 million in 2018.
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
Kuwait 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?
