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Turkmenistan

With a power score of 0.54, Turkmenistan ranks number 110 among emerging markets and number 140 in the global power ranking.

  • Emerging markets
  • Asia-Pacific

0.54 / 5

Power score


-4 places

Global power rank change


2021
2022
2023
136
136
140

Overview

Turkmenistan has a power score of 0.54, which puts it at rank 140 in the global power ranking, and rank 110 in the emerging markets power ranking. In comparison to 2021, Turkmenistan has deteriorated in the power rankings by -4 places, from rank 136, to rank 140.

At 0.54, the power score of Turkmenistan is lower than the regional average of 1.88 in the Asia-Pacific region.

Regional power score comparison

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Turkmenistan

Power

Power policy

Turkmenistan does not implement any policies in any of the power policy categories tracked by Climatescope.

Power policies

Renewable energy target
Renewable energy auction
Feed-in Tariff
Net Metering
Import tax incentives
VAT incentives

Power prices and costs

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Power market

The top amount of capacity installed in Turkmenistan in 2022 was in Natural Gas at 97.77%.

Installed capacity (in MW)

2014201620182020202202K4K6K8K MW

Electricity generation (in GWh)

20142016201820202022010K20K30K40K50K GWh

The largest electricity generating technology in Turkmenistan in 2022 was Natural Gas, generating some 98.36% of electricity.

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Utility privatisation

Which segments of the power sector are open to private participation?

Generation: No
Transmission: No
Retail: No

Type

Question

Availability

Wholesale power market

Does the country have a wholesale power market?

No

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?

No

Type

Question

Availability

Bilateral power contracts

Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?

No

Type

Question

Availability

Fossil fuel price distortions - Subsidies

Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?

No

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?

No

Transport

Transport policy

Turkmenistan does not implement any policies in any of the transport policy categories tracked by Climatescope.

Transport policies

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

Type

Question

Availability

Fuel economy standards

Does the country have a fuel economy standard in place?

No
Climatescope 2023 print report cover

Power Transition Factbook

This marks the 12th anniversary of Climatescope, BNEF’s annual assessment of energy transition opportunities. In recent years, the project has been expanded to include activity not just in clean power, but also in the decarbonization of transportation and buildings.

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