Laos’ electricity exports grow 7.5% in 2022

Laos earned more than 1.76 billion USD from electricity export in 2022, up 7.5% from last year, the country media reported.

Friday, December 16, 2022 16:50

Laos’ electricity exports grow 7.5% in 2022 ảnh 1

The Xayaburi hydropower dam on the Mekong River in Laos (Photo: ThaiPBS)

Vientiane (VNA) – Laos earned more than 1.76 billion USD from electricityexport in 2022, up 7.5% from last year, the country's media reported.

For2023, the Lao Government has set a target of generatingat least 51,134 million kWh, equivalent to more than 41.32 trillion LAK (2.4billion USD), up 71.77% from this year.

Laos is tradingelectricity with Thailand, Vietnam, Cambodia, Singapore, and China.

Itsgovernment is set to continue negotiating and promoting ties with neighbouringcountries to exchange electricity via the “grid to grid” system so as tohelp tackle power shortages during the dry season and store extra power in thewet season.

During 2021 -2025, Laos plans to produce 1,807MW of electricity, including 57% fromhydropower, 19% from coal-fired thermal power, and 24% from solar power. By 2030,it looks to manufacture another 5,560MW, with 77.59% to be generated byhydropower and the rest by solar, wind, and coal-fired thermal power, accordingto its Ministry of Energy and Mines.

There are 90power plants across the country at present with a total capacity of 11,000MW,including 77 hydropower, eight solar, and four biomass power plants, along withone coal-fired power plant./.

VNA

#Laos #electricity export #Lao Government #hydropower #thermal power #solar power #Vietnamplus #Vietnam News Agency Laos

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