POTENTIAL FOR GREEN ENERGY BUT BARRIERS REMAIN

Energy experts from around the world travelled to Myanmar for the Green Energy Summit to discuss the potential presented by renewable green energies. Dr Abdul Aziz SA Kadir, chairman of Confexhub Group, who organised the summit, said that since the central electricity grid will not reach remote areas for at least ten years, green energy is the most suitable solution to providing energy to those living in Myanmar’s rural areas. He added that green energy could also help cut carbon emissions and reduce poverty among people in Myanmar. A stable policy environment must be developed by Myanmar, as constant adjustments to renewable energy policies would not encourage investments.