Renewable Energy Development Strategy in Lao PDR
This strategy aims to develop new renewable energy resources which are not yet widely explored in Lao PDR to replace resources that will be exhausted in the future, also known as “non-renewable energy” (fossil fuels, coal, natural gas etc). These renewable energy resources comprise biomass energy ( biofuels, biogas, ...), solar energy, wind, small hydropower.
Energy is essential for meeting the peoples’ basic needs as well as vital in fuelling economic development. The increase in population and economic growth have resulted in increase of energy consumption. Reserves of non-renewable energy, being the dominant traded energy commodity, are declining. In particular, liquid fossil fuels are estimated to be depleted within the next few decades. Many countries in the world have recognized the importance of renewable energies, and therefore have undertaken technology research and development, and have set up goals for the development and effective use of their Renewable energy resources.
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