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.

Can Myanmar achieve 100% electricity access by 2030?

The National Electrification Plan (NEP) set a goal of 100% electricity access by 2030, heavily depending on renewable energy. The Myanmar Energy Master Plan from 2015 proposed a mix dominated by hydropower (57%) and coal (30%), with only 5% from wind and solar. Later targets aimed for 8% wind and solar by 2021, and 12% by 2025.

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.

Why is Myanmar's energy sector struggling?

Overall, Myanmar's energy sector faces challenges due to political instability, security risks, and environmental concerns, making its ambitious renewable goals difficult to achieve. Myanmar's National Electrification Plan (NEP) aimed to provide universal electricity access by 2030, with a strong focus on off-grid solutions for remote rural areas.

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.

What are Myanmar's energy goals?

Myanmar's Energy Goals Myanmar has long aimed to reduce its reliance on fossil fuels and biomass, focusing on its rich natural resources, including hydropower and solar energy. The National Electrification Plan (NEP) set a goal of 100% electricity access by 2030, heavily depending on renewable energy.