Energy Security White Paper: Policy Direction for Inclusive and Sustainable Development for Lao PDR
Date:
23 September 2024Category:
Energy, Environment and Climate ChangeType:
BooksTags:
Lao PDR, Energy, White PaperPrint Article:
The Energy Security White Paper outlines broad policy directions tailored to various energy systems, drawing from evidence-based research conducted by energy experts and incorporating input from a wide range of stakeholders. By analysing the entire energy system of Lao PDR in the context of its neighbouring countries, key energy security issues were identified, including fossil fuel import dependency, energy efficiency, power grid connectivity, power systems, transportation (including the adoption of electric vehicles), carbon credits and mechanisms, carbon markets, regional and international cooperation for innovative technology transfer, financing sustainable energy infrastructure, and addressing knowledge gaps.
A Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis was employed to delve into the specific opportunities and challenges, such as establishing energy security mechanisms, scaling up renewable energy penetration, introducing electric vehicles and hydrogen fuel, and developing the carbon market. The White Paper aims to open new avenues for developing detailed policies that encourage investment in clean technologies and the adoption of renewable resources. Additionally, it calls for collaboration from all stakeholders in policy design and implementation at all levels.
