Turkmenistan
With a cumulative score of 0.53, Turkmenistan ranks number 107 among emerging markets and number 136 in the global ranking.
- Emerging markets
- Asia-Pacific
0.50 / 5
Power score
0.29 / 5
Transport score
0.86 / 5
Buildings score
Low-carbon strategy
Net-zero goal and strategy
Turkmenistan does not have a net zero goal or strategy.
Nationally Determined Contributions (NDC)
Turkmenistan has so far only submitted an “intended” nationally determined contribution (INDC), which does not include quantifiable targets.
Fossil fuel phase-out policy
Turkmenistan does not have a fossil fuel phase-out policy.
Power
Power policy
Turkmenistan has very little policy around renewable energy. The country is primarily fueled by natural gas and has very large natural gas reserves, making renewables unappealing. Its 2014 national strategy on climate change has an intention to increase renewables, but there has not been any concrete follow-up policy to date. The country aims to increase generation capacity by building 14 new gas turbine power stations.
Power policies
Power prices and costs
Until 2019, all citizens received free access to a set amount of electricity. Since that ended, many citizens now are unable to pay their utility bills, so the government is also refusing them access to subsidized food, which is necessary due to high food costs in response to Covid-19.
Power market
Turkmenistan’s power market is dominated by Turkmenenergo, the state-run utility. There is no indication that third parties are able to enter any segment of the market.
Installed Capacity (in MW)
Electricity Generation (in GWh)
Utility privatisation
Which segments of the power sector are open to private participation?
Wholesale power market
Does the country have a wholesale power market?
Doing business and barriers
The primary barriers to doing business in Turkmenistan are the lack of policies and information. Additionally, the power fleet is aging, but modernization programs are dependent on international donor support. There is no official plan in place.
Currency of PPAs
Are PPAs signed in or indexed to U.S. Dollars or Euro?
Bilateral power contracts
Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?
Bilateral power contracts
Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?
Bilateral power contracts
Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?
Fossil fuel subsidies
Does the government influence the wholesale price of fossil fuel (used by thermal power plants) down through subsidies?
Fossil fuel taxes
Does the government influence the wholesale price of fossil fuel (used by thermal power plants) up through taxes?
Transport
EV market
The government has yet to implement any substantive policy support in this sector, and the EV market remains at an early stage.
EV policy
The government has yet to implement any substantive policy support in this sector and the EV market remains at an early stage.
Transport policies
Fuel economy standards
Does the country have a fuel economy standard in place?
Buildings
Buildings market
Turkmenistan implemented building codes that provide for minimal energy savings for heating within residential buildings.
Working with the United Nations Development Programme, Turkmenistan implemented the Improving Energy Efficiency in the Housing Sector of Turkmenistan policy in 2011, but documentation is not readily available. It appears the goal of the policy is to increase energy efficiency through thermal insulation and building standards.
Energy performance standards
Are there minimum energy performance standards for buildings?
Energy efficiency plan
Does the country have a national energy efficiency plan?
Buildings policy
The government has yet to implement any substantive policy support in this sector and the low-carbon heat market remains at an early stage.
