Laos new energy storage industry development

Does Laos' energy sector drive economic growth?

Among the poorest countries in Southeast Asia, the Government of Laos views the country’s energy sector as a key driver of its economic growth.

What is Laos energy security?

Laos Energy Security is supporting MEM’s development and implementation of a clear legal, institutional, and regulatory framework that will promote responsible and sustainable energy sector development. The tools and capacity developed by USAID will help Laos enforce its energy-related policies, laws, and regulations.

Who is involved in preparing a report on energy in Laos?

The team would also like to thank the Department of Energy Policy and Planning, Ministry of Energy and Mines, Électricité du Laos (EDL), EDL-Generation Public Company of the Lao People’s Democratic Republic (Lao PDR), and development partners for their inputs and discussions during the preparation of the report.

How does the government of Lao promote foreign investment in hydropower?

The Government of Lao PDR promotes private sector and direct foreign investment in hydropower electricity generation. The private sector investment mostly follows the model of build-operate-transfer in the hydropower electricity sector (Kyophilavong, 2016; Kyophilavong and Toyoda, 2012).

Can the Lao PDR achieve sustainable and inclusive economic growth?

Despite this positive near- to medium-term economic outlook, some prominent economic institutions—notably the International Monetary Fund (IMF), World Bank, and ADB—have highlighted that the ability of the Lao PDR to achieve sustainable and inclusive economic growth over the longer term will be tied to overcoming structural challenges and risks.

Will Laos use coal to generate electricity for export?

Third, as Lao PDR is facing government budget deficits and a high rate of poverty, the use of coal to generate electricity for export might increase in the future. Laos has extensive water resources with high potential to produce electricity from hydropower.