Myanmar green energy sector faces hurdles
Myanmar’s goal of achieving a 100 per cent electrification rate by 2030, with 20 per cent of energy from renewable sources, is achievable but several hurdles need to be tackled first, energy experts have said. At the Myanmar Green Energy Summit 2016 last week, panellists agreed that hydroelectricity, plus wind and solar energy, were good choices given available resources. But all conceded that the tricky political situation, a weak regulatory framework, lack of investors and technologies, haphazard resource management and natural disasters were obstacles hindering the energy sector from flourishing. Thoung Win, chair of the Energy and Renewable Energy Committee, admitted that it would be a long time before Myanmar could attain both goals to fully satisfy demand and be environmentally friendly.
