A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Myanmar: How to Become an Attractive Destination for Renewable Energy Investment?
Myanmar is endowed with abundant renewable energy resources, and its solar potential is the greatest in the Greater Mekong Subregion – yet, this potential remains largely untapped. The country’s 50% electrification rate remains the lowest in ASEAN, and the government plans to electrify the entire country by 2030. The share of renewable energy in the energy mix is expected to rise from less than 1% in 2020 to 12% in 2025. In addition to expanding electricity access, renewable energy could also stimulate much-needed employment and economic growth in Myanmar. We propose five actions that can improve the investment climate in Myanmar for renewable energy investment: strengthen renewable energy governance; join IRENA and intensify capacity building; adopt a feed-in tariff or auction mechanism; build a regulatory framework for renewable energy; simplify the business environment for investors. ; This policy brief is a product of the ASEAN Climate Change and Energy Project (ACCEPT) ACCEPT is funded by the Norwegian Government under the Norwegian-ASEAN Regional Integration Programme (NARIP) and is jointly implemented by the ASEAN Centre for Energy (ACE) and the Norwegian Institute of International Affairs (NUPI). ; publishedVersion
Myanmar: How to Become an Attractive Destination for Renewable Energy Investment?
Myanmar is endowed with abundant renewable energy resources, and its solar potential is the greatest in the Greater Mekong Subregion – yet, this potential remains largely untapped. The country’s 50% electrification rate remains the lowest in ASEAN, and the government plans to electrify the entire country by 2030. The share of renewable energy in the energy mix is expected to rise from less than 1% in 2020 to 12% in 2025. In addition to expanding electricity access, renewable energy could also stimulate much-needed employment and economic growth in Myanmar. We propose five actions that can improve the investment climate in Myanmar for renewable energy investment: strengthen renewable energy governance; join IRENA and intensify capacity building; adopt a feed-in tariff or auction mechanism; build a regulatory framework for renewable energy; simplify the business environment for investors. ; This policy brief is a product of the ASEAN Climate Change and Energy Project (ACCEPT) ACCEPT is funded by the Norwegian Government under the Norwegian-ASEAN Regional Integration Programme (NARIP) and is jointly implemented by the ASEAN Centre for Energy (ACE) and the Norwegian Institute of International Affairs (NUPI). ; publishedVersion
Myanmar: How to Become an Attractive Destination for Renewable Energy Investment?
Vakulchuk, Roman (author) / Chan, Hoy-Yen (author) / Kresnawan, Muhammad Rizki (author) / Merdekawati, Monika (author) / Øverland, Indra (author) / Sagbakken, Haakon Fossum (author) / Suryadi, Beni (author) / Utama, Nuki Agya (author) / Yurnaidi, Zulfikar (author)
2020-07-14
cristin:1814782
3
Paper
Electronic Resource
English
DDC:
690
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