With a power score of 2.40, Tanzania ranks number 19 among Emerging markets and number 3 in Africa.
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Tanzania has a power score of 2.40, which puts it at rank 19 in the Emerging Markets power ranking. The power score of Tanzania is higher than the average of 1.91 in Africa.
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.
Tanzania implements policies in 5/8 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), and Tax incentives
The average electricity price in Tanzania has decreased from ~$82/MWh in 2023 to ~$76/MWh in 2024. Since 2019, the average electricity price in Tanzania has fluctuated between ~$76/MWh in 2024 and ~$86/MWh in 2019.
The top amount of capacity installed in Tanzania in 2024 was in Hydro at 1.75GW, up from 574.6MW in 2023.
The technology with the largest share of electricity generated in Tanzania in 2024 was Hydro at 8.89TWh, up from 2.71TWh in 2023.
Investment in clean energy in Tanzania was around $150.59M in 2024. This amounts to an increase of around 1015% from $13.51M 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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