4 FAQs about Cambodia emergency energy storage power supply price
What is Cambodia's New Power Development Plan?
In its new Power Development Plan, Cambodia plans to invest US$1.8bn to improve its electricity transmission network. Following the Government's decision to stop building new coal plants, a new 900 MW gas plant is expected. The Ministry of Mines and Energy (MME) is in charge of the energy policy through the General Department of Energy (GDE).
Why is electricity so expensive in Cambodia?
Electricity prices in Cambodia are among the most expensive in the region due to a shortage of integrated high-voltage transmission systems and the high cost of imported diesel fuel. Power in provincial cities is more expensive and less reliable than the supply in Phnom Penh.
What are the main energy sources in Cambodia?
Oil, biomass, and coal are the main energy sources, accounting for 90% of total energy consumption. Around 86% of the coal is consumed for power generation. In its new Power Development Plan, Cambodia plans to invest US$1.8bn to improve its electricity transmission network.
Does economic growth drive energy demand in Cambodia?
Economic growth drives energy demand. Robust economic growth in Cambodia has led to a sustained increase in energy demand. From 2010 to 2019 total primary energy supply (TPES) increased by 64%, from 190,567 terajoules to 312,773 terajoules.4 Cambodia’s energy supply remains heavily reliant on biomass, which accounted for 45% of TPES in 2019.