Summary of New Energy Architecture: Myanmar

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8

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  • Comprehensive
  • Eye Opening
  • Background

Recommendation

Even readers who know little about Myanmar – sometimes still known as Burma, but not in this report – will find a lot of interesting material in this analysis from the World Economic Forum. It details how a nation develops a new energy policy to provide power for a growing domestic economy, brings electricity to a rural majority that lacks it, and establishes sustainable, long-range practices. Myanmar’s energy journey is a study in problem solving and negotiation. Policy makers seeking to strengthen their jurisdictions’ energy policies and practices will be able to learn worthy lessons from this paper. getAbstract recommends it to energy industry insiders and investors, public administrators and anyone interested in the future of this emerging – and surprising – Southeast Asian nation.

About the Author

The World Economic Forum – a not-for-profit headquartered in Geneva, Switzerland – is “committed to improving the state of the world” by working with leaders in all parts of society.

 

Summary

A “New Energy Architecture”

Every country needs an energy framework that fuels its economy, contributes to its resource security and nourishes its environmental sustainability. The World Economic Forum and Accenture created the “New Energy Architecture Initiative” in partnership with the Asian Development Bank to help nations develop strategies and shape policies to meet those goals. The leaders of Myanmar spent nine months working with the Initiative’s team to reflect on the country’s current energy infrastructure and to focus on its future requirements. The resulting plan offers an overview of an emerging country undergoing massive, transformative change.

Myanmar, the “second-poorest country in Asia” after Afghanistan, is starting from the ground up with underdeveloped infrastructure. In addition, it’s vulnerable to severe weather, flooding, drought and other effects of climate change. Going forward, policy makers found, the state’s strategy must embrace the “energy triangle,” made up of the economy, the environment and energy security. Planners should address the physical production of energy and its delivery, as well as parallel socioeconomic factors, such as market...


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