Laos energy storage peak and valley electricity prices

How much energy does Lao PDR produce?

In 2018, the Lao PDR’s total primary energy supply (TPES) was 6.38 million tonnes of oil equivalent (Mtoe), and the energy mix consisted of hydropower, oil, coal, and biomass. As there were many power plants in the Lao PDR generating electricity for export in 2018, the export figure reached 26,708 gigawatt-hours (GWh), the equivalent of 2.65 Mtoe.

Will electricity revenue increase in the Lao PDR?

Although this revenue is insignificant in the short to medium term, in the long term it will increase because the government plans to assume ownership of private power plants. The electrification rate in the Lao PDR was 93.79% in 2018,3 and the government is striving to raise this to 98.00% by 2025.

What is the Energy Outlook for Lao PDR?

Source: The Lao People’s Democratic Republic, Department of Energy Policy and Planning (2019), Lao PDR Energy Outlook Result (Lao PDR_Template_BAU_APS_LCET August 2022). The primary energy intensity is also expected to decline from 341 toe/million US$ in 2019 to 231 toe/million US$ by 2050.

What is the electrification rate in Lao PDR?

The electrification rate in Lao PDR was 94.3% in 2020 (Electric De Laos, 2020), and the government is striving to raise this to 98% by 2025. This plan is part of the government’s strategy to eradicate poverty in the country.

How much energy does Lao produce a year?

Source: The Lao People’s Democratic Republic, Department of Energy Policy and Planning (2019), Lao PDR Energy Outlook Result (Lao PDR_Template_BAU_APS_LCET August 2022). (80.98 TWh), followed by solar and wind (32.26 TWh), coal (15.95 TWh), and biomass (1.38 TWh).

Will Lao's electrification rate increase in the long term?

Although this revenue is insignificant in the short to medium term, it will increase in the long term because the government plans to assume ownership of private power plants. The electrification rate in Lao PDR was 94.3% in 2020 (Electric De Laos, 2020), and the government is striving to raise this to 98% by 2025.