How is Cambodia transforming its energy sector?

Cambodia is undergoing a significant transformation in its energy sector, balancing economic growth with sustainability. The government is implementing energy efficiency policies, expanding renewable energy sources, and modernizing infrastructure to reduce electricity costs and improve accessibility.

Will Cambodia stop coal power plant investments after 2024?

The government has pledged to cease new coal power plant investments after 2024 and prioritize renewable energy, aligning with its Power Development Master Plan (PDP) 2022-2040. In March 2023, Cambodia launched the Principles for Permitting the Use of Rooftop Solar Power, ensuring transparency and accountability in solar energy adoption. FACT

What challenges does Cambodia face in achieving its energy goals?

Despite progress, Cambodia faces challenges in achieving its energy goals: High electricity costs due to transmission inefficiencies and fossil fuel dependency. Limited rural access, requiring innovative off-grid solutions. Environmental concerns over hydropower projects impacting ecosystems.

How will electricity efficiency policy work in Cambodia?

The policy will be enforced through the Ministry of Economy and Finance, working alongside customs and tax departments to regulate imports. By setting clear electrical efficiency standards, Cambodia aims to minimize wasteful energy consumption, potentially eliminating the need for additional power plants.

Why is electricity so expensive in Cambodia?

Electricity in Cambodia remains among the most expensive in the region due to a lack of integrated high-voltage transmission systems and dependency on imported fossil fuels. The government has made substantial progress, with 88.4% of households gaining access to quality electricity by the end of 2022.