September 23, 2016

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GE expresses commitment to helping government achieve electrification target, suggests burning more coal

ASEAN Energy Business Forum 2016 in progress.
ASEAN Energy Business Forum 2016 in progress.

GENERAL Electric is hoping to upgrade its existing gas power plants and introduce new power projects with the Ministry of Electricity and Energy and independent power producers to help the government achieve its target of 100 per cent electrification by 2030, it has been learnt.
GE leaders from Gas Power Systems and Hydropower, who are participating in the ASEAN Energy Business Forum 2016 in Nay Pyi Taw, encouraged continued development of these forms of generation given the critical role they play in Myanmar’s energy mix.
Electricity demand in Myanmar has tripled over the past decade and grows on an average of 15 per cent every year.
Myanmar’s domestic gas is also an important topic at the AEBF as the country is a net exporter of gas. In recent years, natural gas has been one of the largest sources of export revenue, according to a statement released at the summit.
Universal electricity access by 2030 will require more than double the current annual rate of connections with 500,000 new connections per year from 2020 onward.
While coal power produces 40 per cent of the worlds electricity, Myanmar only produces 3 per cent.
A key topic of discussion at the AEBF is how coal fired power could help Myanmar diversify its energy mix.
“Myanmar’s installed base is dominated by hydro and gas power, making up 97 per cent of all power generation in the country,” said Armir Mujzinovic, Executive Product Leader with GE Steam Power Systems and speaker at the AEBF.
“Developing a more balanced and reliable energy mix is crucial for Myanmar’s socioeconomic development and we see a lot of potential for coal’s ability to improve the country’s energy security in an efficient and clean way.” he added.
At the AEBF, GE Energy Connections Sales Executive Paul English discussed how the business now hopes to help Myanmar’s energy implementation.
“We look forward to identifying actionable partnership and collaboration opportunities with the MOEE moving forward.” said Mr English.


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