Cambodia Committed to Further Develop Renewable Energy

Cambodia is committed to continue boosting the development of renewable energy to meet its energy demand.

The commitment was highlighted this morning by Samdech Akka Moha Sena Padei Techo Hun Sen, Prime Minister of the Kingdom of Cambodia, in his opening remarks via Video Recording of the 40th ASEAN Ministers on Energy Meeting, Related Meetings and ASEAN Energy Business Forum 2022 being held in Phnom Penh from Sept. 12-16 under the theme “Accelerating Energy Transition: Economic Recovery and Sustainable Growth”.

According to Samdech Techo Hun Sen, Cambodia has actively integrated renewable energy sources into its energy mix. In fact, in 2021, energy from renewable energy sources, including hydropower, solar energy and biomass energy, increased to 40 percent of Cambodia’s total energy. Also, in terms of the power capacity of Cambodia’s energy sources, the share of renewable energy sources is around 55 percent of the total installed power capacity.

For the way forward, Cambodia will continue to focus on the development of energy efficiency and renewable energy to the fullest of Cambodia’s energy supply system, along with the reduction of the development of energy sources that use fossil fuels, such as coal and oil, he underlined.

To realise this objective, he added, Cambodia has been cooperating with development partners to study and develop Cambodia’s Power Development Master Plan until 2040, the National Policy on Energy Efficiency, the Roadmap for Clean Energy Transition towards Carbon Neutrality and the Rooftop Solar Energy Development Policy in Cambodia.

At the same time, with further active cooperation from development partners, Cambodia has also been developing its own Energy Transition Sector Development Programme, focusing on three major reform programmes including: (1). Energy planning and institutional strengthening, (2). Acceleration of circular economic transition and low carbon emissions; and (3). Transparency and competitiveness for investments in new energy projects, said the Cambodian Premier.

Source: Agency Kampuchea Press