Is Myanmar realigning to a new energy mix?

At the Myanmar Oil and Gas Society annual meeting on 24 January 2021, minister U Win Khaing mentioned that the country is realigning to new energy mix to hydropower 40%, solar 14%, domestic gas 34% and LNG 11%.

What is Myanmar's energy policy?

Use of new and renewable energy sources is encouraged, especially solar and wind, which are abundant in Myanmar. The policy also accepts that people will still need to use traditional energy sources such as wood and charcoal. Regulations and anticipatory actions are necessary to sustain the harvesting of these primary energy sources.

Does Myanmar have a yearly energy plan?

The yearly plan excludes coal-based power plants, of which the country currently has 120 MW of installed capacity. Based on the Energy Masterplan of Myanmar, three scenarios are considered (Table 12.3). In this masterplan, the shares differ between scenarios.

What is Myanmar doing about energy eficiency & conservation?

To this end, Myanmar has implemented a range of energy eficiency and conservation goals and action plans targeting energy savings in all sectors of the economy and in cooperation with both the private and public sectors.

Why is energy consumption so low in Myanmar?

Myanmar’s energy consumption per capita is one of the lowest in Southeast Asia due to the low electrification rate and a widespread poverty. An estimated 65% of the population is not connected to the national grid. Energy consumption is growing rapidly, however, with an average annual growth rate of 3.3% from 2000 to 2007.

What is the energy composition of Myanmar?

This will bring the make the renewable energy composition to 54% and clean fuel (natural gas) composition to 45% of total installed capacity of 8,118 megawatts (MW). The electrification rate in Myanmar is one of the lowest in Asia, at 50% in 2019 December.