Myanmar energy storage conditions

What is the energy demand supply situation in Myanmar?

The Myanmar energy demand supply situation indicates that power generation mix must shift to more coal and hydropower, continued use of biomass, natural gas consumption, and appropriate increase of renewable energy such as solar PV and wind power generation.

How much energy does Myanmar have?

In 2017, Myanmar’s proven energy reserves comprised 105 million barrels of oil, 5.56 trillion cubic feet of gas, and 542.56 million metric tonnes of coal. The country is a net exporter of energy, exporting substantial amounts of natural gas and coal to neighbouring countries. However, it imports around 90% of its total oil requirements.

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.

What is Myanmar Energy Outlook 2040?

The Ministry of Electricity and Energy, with technical and financial support from the Economic Research Institute for ASEAN and East Asia (ERIA), successfully launched the Myanmar Energy Outlook 2040 Project, which provides information about energy demand and supply up to 2040 in business-as-usual and alternative scenarios.

What is the energy saving potential of Myanmar?

According to the 2015 Asian Development Bank report ‘National Energy Eficiency and Conservation Policy, Strategy and Roadmap of Myanmar’, electricity consumption in all sectors and achievable energy saving potential should reach 12% by 2020, 16% by 2025, and 20% by 2030.

How will Myanmar's energy supply change in 2040?

Hydropower will increase at an average annual rate of 6.3% in 2016–2040, faster than fossil fuel. Solar/PV is projected to grow the fastest, at 22.3%, in line with the government programme to increase the RE share in the total mix of power generation. Figure 6.4. Total Primary Energy Supply, Myanmar Mtoe = million tons of oil equivalent.