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6 FAQs about [Laos energy storage bidding]
How will USAID support Laos energy security?
At the same time, USAID is awaiting permission from the government to implement its Laos Energy Security project, which will support efforts to achieve a resilient and more sustainable power sector. Laos has significant potential for solar photovoltaic, wind, and biomass energy due to its geography.
What is Laos energy security?
Laos Energy Security (LES) is a part of the U.S. Government’s initiative: “Enhancing Development and Growth through Energy” (CLEAN EDGE Asia). CLEAN EDGE Asia supports expanded access to energy, promotes energy diversification and trade and integration of clean energy markets, and strengthens energy security throughout the Indo-Pacific region.
How has Laos benefited from hydroelectricity?
In the energy sector, the Lao government has largely focused on developing hydroelectricity, supported by foreign investments. In 2019, 80 percent of all electricity generation came from hydropower. This has contributed to the significant electrification of Laos, from 15 percent in 1995 to 90 percent in 2020.
How can a donor help Laos get more energy?
Donors can support the uptake of renewable energy by subsidizing investments in renewable energy, so Laos has competitive choices. While there are talks about more power purchasing agreements, demand for energy has fallen slightly in Thailand, Vietnam, and Cambodia for hydroelectricity (due to environmental concerns).
Why should Laos invest in a floating solar plant?
“It’s also a privilege to support Laos in the development of what is projected to be one of the world’s largest floating PV plants.” The solar plant will cover an area of 3.2km 2, which corresponds to less than 1% of the reservoir’s area at full supply level.
Is Laos a good place for solar energy?
Laos has significant potential for solar photovoltaic, wind, and biomass energy due to its geography. Floating photovoltaic (FPV) solar panels are also an option that the Lao government should consider. FPV solar can exist on top of dams and work with existing technology in Laos while helping with evaporation loss and preventing algae bloom.