Myanmar energy storage forms

What energy sources are available in Myanmar?

Myanmar is endowed with rich natural resources for producing commercial energy. Currently, the available energy sources in Myanmar are crude oil, natural gas, hydropower, biomass, and coal. Wind energy, solar, geothermal, bioethanol, biodiesel, and biogas are other potential energy sources.

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.

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.

Does Myanmar have a power plant plan?

Myanmar’s yearly plan for the construction of power plants from 2018 to 2022 (Table 12.2) mostly covers gas-based power plants (including liquefied natural gas), along with some hydropower and solar power plants. The yearly plan excludes coal-based power plants, of which the country currently has 120 MW of installed capacity.

Is Myanmar a natural gas exporter or importer?

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. Myanmar’s population grew at 1.0% per year from 41.3 million in 1990 to 52.4 million in 2015.

What will Myanmar's energy supply look like in 2050?

In the APS, Myanmar’s primary energy supply is projected to increase at a slightly lower rate compared to BAU from 20.12 Mtoe in 2017 to 42.71 Mtoe in 2050, an AAGR of 1.8%. From 2017 to 2050, it is expected that coal will grow the fastest at 3.9% per year, followed by oil at 3.5%, hydropower at 2.7%, and natural gas at 2.6%.