El Salvador
With a power score of 1.88, El Salvador ranks number 40 among emerging markets and number 67 in the global power ranking.
- Emerging markets
- Latin America
1.88 / 5
Power score
Transport score
Overview
El Salvador has a power score of 1.88, which puts it at rank 67 in the global power ranking, and rank 40 in the emerging markets power ranking. In comparison to 2021, El Salvador has improved in the power rankings by 4 places, from rank 71, to rank 67.
At 1.88, the power score of El Salvador is better than the regional average of 1.81 in the Latin America region.
Regional power score comparison
Power
Power policy
El Salvador 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 El Salvador has increased from 136.4 USD/MWh in 2021 to 160.9 USD/MWh in 2022. Since 2017, the average electricity price in El Salvador has fluctuated between 136.4 USD/MWh (2021) and 188.1 USD/MWh (2019).
Power market
The top amount of capacity installed in El Salvador in 2022 was in Oil & Diesel at 24.77%, down from 28.85% in 2021. The technology with the biggest increase in capacity installed in 2022 was Natural Gas at 16.54%, up from 3.44 in 2021.
Installed capacity (in MW)
Electricity generation (in GWh)
The largest electricity generating technology in El Salvador in 2022 was Large Hydro, generating some 27.3% of electricity, down from 30.47% in 2021. The technology with the biggest increase in eletricity generation in 2022 was Natural Gas at 7.12%, up from 0% in 2021.
Investment in clean energy in El Salvador was around $26.8 million in 2022, an increase of 105.26% from 2021 ($13.05 million). Between 2017 and 2022, the highest investment in clean energy was in 2017 at $244 million, while the lowest was in 2021 with $13.05 million.
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
El Salvador implements policies in 2/9 transport policy categories tracked by Climatescope, including Clean transport target, National ICE phase-out, EV purchase grant/loan incentive, EV VAT reduction/exemption, EV import tax reduction/exemption, EV income tax reduction/exemption, EV recurring tax reduction/exemption, EV charging infrastructure target, E-bus target.
Transport policies
Type
Question
Availability
Fuel economy standards
Does the country have a fuel economy standard in place?
