This report is the culmination of a nine-month process investigating Myanmar's energy architecture, which involved the Asian Development Bank, the World Economic Forum and Accenture. The process aimed to understand the nation's current energy architecture challenges and provide an overview of a path to a 'New Energy Architecture'.
The ultimate goal is to help the country build an energy sector that is secure and sustainable, and promotes economic growth as the country makes its democratic transition. While not all recommendations can be implemented in the near term, they do provide options for creating a prioritized roadmap for Myanmar's energy transition.
Since Myanmar's reform process began in 2011, its energy architecture has seen many positive developments with a series of reforms set in motion to help its transition to democracy and integration with the global economy. If the country continues its political and economic reforms, Myanmar has the potential to emerge as South-East Asia's next frontier. The energy sector will play a pivotal role in this process.
Based on an assessment of Myanmar's current energy challenges, a series of New Energy Architecture insights have been drawn. These offer a vision for how Myanmar can deliver on its objective of crafting an energy architecture that better meets the goals of the "energy triangle", ie, achieving economic growth and development to provide energy access and security in an environmentally sustainable fashion. Some urgent short-term needs are apparent:
Based on discussions in Myanmar, stakeholders should seek to take the following steps to drive the transition to a New Energy Architecture: