Myanmar Energy Storage Havana

Why is electricity so low in Myanmar?

The electrification rate is especially low in rural villages, which are mainly not connected to the power grid. Wood and biomass are used as a primary source of energy in these areas. Myanmar has abundant energy resources, particularly hydropower and natural gas.

How much energy does Myanmar use?

65% of the primary energy supply consists of biomass energy, used almost exclusively (97%) in the residential sector. 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.

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 are the major industries in Myanmar?

The energy sector is considered a strategic industry by the Myanmar government and the petroleum sector is one of the biggest recipients of foreign direct investment. Hydropower resources are estimated to be about 40 GW at a capacity factor of 0.40, giving a total yearly hydropower generation capacity of about 140 TWh.

How many Mtoe are there in Myanmar?

According to the World Energy Council, gas reserves are estimated at 244 Mtoe. Oil and coal play a smaller role with reserves estimated at 7 and 1 Mtoe, respectively. The energy sector is considered a strategic industry by the Myanmar government and the petroleum sector is one of the biggest recipients of foreign direct investment.

How much power does Myanmar have in 2020?

The total installed capacity of Myanmar at May 2020 is 6034 MW: 3262 MW of hydro power (54%), 2496 MW of natural gas (41%), 120 MW of coal (2%), 116 MW of diesel (2%) and 40 MW of solar (1%).