The development of Mongolia’s energy sector: Going beyond coal
Publisher: CEE Bankwatch Network
Volume: 3 pages, pdf
Description:
Mongolia’s fragile economic situation, with its high deficit and increasing foreign debt, is putting the country on a risk map for foreign investment. Even so, the government and international financial institutions show no sign of adjusting their plans so that the country could move to a more sustainable path of development. The dominance of coal in the Mongolian energy sector strategy and plans for new power facilities in Ulaanbaatar rest on myths about coal, rather than robust feasibility studies, impact assessments and an analysis of alternative scenarios. Furthermore, the country’s ageing power plants and the transmission and distribution networks have lead to a highly inefficient energy sector.