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.

Is solar energy a sustainable solution for Myanmar?

Myanmar is increasingly prioritizing solar energy development as a sustainable solution to address its energy shortages and improve rural electrification. The solar energy market has grown significantly in recent years, driven by technological advances and declining costs.

How can Myanmar save energy?

Future savings in energy could be due to savings in primary energy supply in the residential, commercial, transportation, and industrial sectors. In this regard, Myanmar implemented a range of energy eficiency and conservation goals and action plans that target energy savings in all sectors.

How is transport energy consumption projected in Myanmar?

Source: Author’s calculations. In Myanmar, transport energy consumption is projected based on the energy requirements of major sectors (industry, transport, agriculture, and households). The choice of fuel type is determined by available supply, since energy demands must be met mainly by domestic sources.

What is Myanmar's energy policy?

Myanmar’s energy policy aims to increase the use of its abundant water resources for hydropower development to reduce the need for fossil fuel power generation. Energy eficiency management can reduce energy consumption to minimise harmful environmental impacts.

How much energy does Myanmar have?

Myanmar’s proven energy reserves in 2017 comprised of 94 million barrels of oil, 4.552 trillion cubic feet of gas, and over 500 million metric tons 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. 1.2.