Rebuilding Myanmar’s power system will require establishing trust to develop the power sector. Developing solar PV can add incremental generating capacity in a relatively fast manner.
Myanmar’s power sector will likely continue to experience significant challenges. To sustain the current level of power supply would require adding 300-500 MW every year until 2030. Scenario analysis on the power supply–demand gap illustrates that available generating capacity is projected to not meet the growing demand.
Myanmar’s energy sector is managed by the Ministry of Electric Power (MOEP) and the Ministry of Energy (MOE), which together account for over one-third of public sector revenue. Before May 2022, the two ministries operated under one single Ministry of Electricity and Energy (MOEE).
Myanmar had a dificult time trying to mobilize investment in additional generating capacity in the past, and now it is even more dificult to meet the large investment needs. More than 2 gigawats (GW) of natural gas-based power plants involving foreign direct investment are on hold.
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