Cambodia’s LNG plans face energy security and cost issues

Quick Summary:

The country should approach gas-fired power development with caution, write the authors of a new report from the Institute for Energy Economics and Financial Analysis.

LNG is seen as an integral ingredient to support the grid reliability as electricity demand rises and the power system becomes increasingly reliant on renewables enroute to decarbonisation.

Numerous questions remain, however, regarding costs and procurement, the role of LNG-fired electricity in the country’s power mix, and the use of potentially cheaper alternatives.

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Article Details

Author / Journalist: Christopher Doleman, Sam Reynolds

Category: EconomyBusiness

Markets: SingaporeBangladeshCambodiaPakistanPhilippinesUkraineVietnam

Topics: Energy security LNG Research Financing Emissions Clean energy Reporting Energy transition Decarbonisation Economy Investment Supply chain Energy Power plants Renewable energy Gas Tax Trade

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-03 @ 05:45:00 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: eco-business.com

Language: English

Article Length: 1167 words

Reading Time: 7 minutes read

Sentences: 59 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Eco-Business

News ID: 25777503

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