With a power score of 2.39, Nepal ranks number 21 among Emerging markets and number 7 in the Asia-Pacific region.
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Nepal has a power score of 2.39, which puts it at rank 21 in the Emerging Markets power ranking. The power score of Nepal is higher than the average of 2.17 in the Asia-Pacific 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.
Nepal implements policies in 6/8 categories tracked by Climatescope; Renewable energy target, Auctions/tenders (utility-scale), Feed-in tariff/premium (utility-scale), Support for customer-sited generation (rooftop and self-consumption), Tax incentives, and Priority generation dispatch
The average electricity price in Nepal has increased from ~$70/MWh in 2023 to ~$71/MWh in 2024. Since 2019, the average electricity price in Nepal has fluctuated between ~$69/MWh in 2022 and ~$92/MWh in 2019.
The top amount of capacity installed in Nepal in 2024 was in Hydro at 3.34GW, up from 2.54GW in 2023.
The technology with the largest share of electricity generated in Nepal in 2024 was Hydro at 13.44TWh, up from 10.57TWh in 2023.
Which segments of the power sector are open to private participation?
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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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