Renewable Energy Developments and Potential in the Greater Mekong Subregion

Renewable energy alternatives in the form of solar, wind, biomass, and biogas address these imperatives, not as solutions but as nonetheless important steps toward sustainable and inclusive growth. To varying degrees, Cambodia, the Lao PDR, Myanmar, Thailand, and Viet Nam have considerable potential in these forms of renewable energy. Generally, however, the potential has only begun to be tapped. The limited technical and financial resources of the public and private sectors in the GMS countries are major impediments to the development and use of renewable energies. Moreover, solar, wind, biomass, and biogas sources of energy are still costly compared with grid power, where it is available. This report on renewable energy developments and potential in GMS countries gives grounds for optimism: the potential is considerable and, more initiatives are being undertaken to develop that potential. ADB is encouraging the GMS countries to step up development and is committed to helping to mobilize the necessary expertise and financial resources. ADB’s support toward the twin goals of renewable energy and energy efficiency in the GMS countries is inclusive, ensuring that the benefits embrace the poor and that the private sector is fully engaged in the investment opportunities.