Asia-Pacific
With a power score of 1.64, Myanmar ranks number 81 among Emerging Markets and number 20 in the Asia-Pacific region
Power score
1.64/5
Score over time
2021 - 2024
Myanmar has a power score of 1.64, which puts it at rank 81 in the Emerging Markets power ranking. In comparison to 2023, Myanmar has dropped in the power rankings by 8 places, from rank 73, to rank 81.
At 1.64, the power score of Myanmar is worse than than the regional average of 1.94 in the Asia-Pacific region and puts it at rank 20 in the region.
Myanmar implements policies in 3/9 power policy categories tracked by Climatescope, including Renewable energy target, Import tax incentives, and VAT incentives.
The average electricity price in Myanmar has dropped from 54.67 USD/MWh in 2022 to 49.99 USD/MWh in 2023. Since 2017, the average electricity price in Myanmar has fluctuated between 49.99 USD/MWh (2023) and 76.08 USD/MWh (2020).
The top amount of capacity installed in Myanmar in 2023 was in Natural Gas at 49.44%, down from 50.03% in 2022. The technology with the biggest increase in capacity installed in 2023 was Utility-scale PV at 2.83%, up from 2.15% in 2022.
The top amount of electricity generated in Myanmar in 2023 was in Large Hydro at 57.79%, down from 68.72% in 2022. The technology with the biggest increase in electricity generated in 2023 was Natural Gas at 29.47%, up from 21.67% in 2022.
Investment in clean energy in Myanmar was around $47.50 million in 2023, a decrease of 74.99% from 2022 ($189.95 million). Between 2018 and 2023, the highest investment in clean energy was in 2018 at $290.47 million, while the lowest was in 2023 with $47.50 million.
Which segments of the power sector are open to private participation?
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Are other PPAs (eg. corporate PPAs) signed in or indexed to U.S. Dollars or Euro?
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Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?
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Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?
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Does the government significantly increase the wholesale price of electricity from fossil fuel through targeted taxes and/or carbon prices?
For more information on best practices and climate action, explore the NetZero Pathfinders project by BloombergNEF.