Vientiane, Laos - Laos is actively working to boost its electricity exports to neighboring Southeast Asian countries, eyeing the goal of becoming the region's main power supplier. The country's focus on renewable energy development is integral to this ambition.
According to Vietnam News Agency, the country currently operates 94 power plants, of which 81 are hydroelectric, boasting a total installed capacity of over 11,600 megawatts (MW). In 2022, electricity exports significantly contributed to Laos' economy, generating over 2.3 billion USD in revenue, while the nation spent just over 40 million USD on electricity imports.
Laos is currently exporting electricity to six countries: Thailand, China, Myanmar, Vietnam, Cambodia, and Singapore. Looking ahead, the country plans to expand its export capacity through continued negotiations and a focus on developing energy sources that are efficient, high quality, and in line with current trends.
Hydropower dominates the country's electricity generation, accounting for approximately 70% of its total output. Additionally, Laos is planning about 10 onshore wind power projects, which combined are expected to have a design capacity of 3.6 gigawatts (GW).
A noteworthy development in the country's renewable energy sector is the recent installation of the first turbine in a wind power project located in Dakcheung district, Xekong province. Touted as the largest wind power plant in Southeast Asia, this project, with 133 wind turbines and an estimated investment of around 900 million USD, will significantly enhance Laos' capacity in sustainable energy production.
Laos' strategic focus on expanding its renewable energy portfolio, particularly through hydroelectric and wind power projects, positions it to play a pivotal role in the Southeast Asian energy market.