Turkmenistan

With a power score of 0.80, Turkmenistan ranks number 91 among Emerging markets and number 24 in the Asia-Pacific region.

Power score
0.80/5

Fundamentals1.05/5

Opportunities0.58/5

Experience0.53/5

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Ranking over time0.80/5

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Turkmenistan has a power score of 0.80, which puts it at rank 91 in the Emerging Markets power ranking. The power score of Turkmenistan is lower than the average of 2.17 in the Asia-Pacific region.

Regional comparison chart

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.

Power

Power policy

Turkmenistan does not implement policies in any of the 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

Renewables mandate/RPS/Supplier Obligation

REC'S - Renewable Energy Certificates

Priority generation dispatch

Power prices and costs

The average electricity price in Turkmenistan has remained the same since 2023. Since 2019, the average electricity price in Turkmenistan has fluctuated between $1.36/MWh in 2021 and $1.43/MWh in 2024.

Electricity prices in Turkmenistan (2019-2024)

Power market

The top amount of capacity installed in Turkmenistan in 2024 was in Natural gas at 7.09GW, up from 7.06GW in 2023.

Installed capacity (2019-2024)

Electricity generation (2019-2024)

The technology with the largest share of electricity generated in Turkmenistan in 2024 was Natural gas at 44.77TWh, up from 44.59TWh in 2023.

Utility privatisation

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

generation

transmission

retail

Doing business and barriers

Type

Question

Availability

Bilateral power contracts

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

Currency of Corporate PPAs

Are other PPAs (eg. corporate PPAs) signed in or indexed to U.S. Dollars or Euro?

Fossil fuel price distortions - Subsidies

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

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?

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