Posts in category: ENERGY

ACCORDING to the report of Myanmar Thilawa SEZ Holdings Public Co Ltd, the distribution of
renewable energy will be implemented in the Thilawa Special Economic Zone (SEZ) from the 2023-2024
financial year. MTSH holding the largest shares on the Yangon Stock Exchange is normally running in the
Thilawa SEZ. To bolster the investments, enquiries for market promotion and land and factory lease for the foreign and domestic investors are being accepted, the report stated.

Source: The Global New Light of Myanmar

AS of 16 June 2023, DAPEIN I Hydropower Station has been operating safely for 4,000 days continuously, and the accumulated power generation has exceeded 10 billion kWh, setting a new record for long-term safe production and stable operation since the station was put into operation. DAPEIN I Hydropower Station, the first hydropower station project invested in and operated by China Datang Corporation in Myanmar, is 40 kilometres away from Bhamo, the second largest city in northern Myanmar.

Since all units were put into operation in December 2010, the station has always adhered to the principle of “Safety-first and Prevention- focused Operation and Comprehensive Management”, and vigorously promoted the construction of intrinsically safe enterprises, gradually forming a safety management system covering personnel, equipment, environment and regimes. Up to now, DAPEIN I Hydropower Station has delivered 620 million kWh of free electricity to the Bhamo area, which has greatly improved the situation of local people’s electricity consumption, invigorated the local economic development and raised people’s living standards, thus making positive contributions to promoting the good-neighbourly relations between China and Myanmar and driving the development of Sino-Myanmar electric power cooperation.

Source: The Global New Light of Myanmar

EV is constantly evolving
Today, electric vehicles (EVs) continue to evolve, with advancements in battery technology, charging
infrastructure, and autonomous driving systems. The push for electric mobility is driven by the goal of achieving
sustainable transportation and reducing dependence on fossil fuels. The term “EV revolution” captures the
profound changes that electric vehicles (EVs) are bringing to the automotive industry and society at large. It
signifies a fundamental shift away from traditional internal combustion engine vehicles towards electric
propulsion. Sustainable transportation aims to meet current needs without compromising future generations. It
refers to low- and zero-emission, energy-efficient, affordable modes of transport, including electric and
alternative-fuel vehicles, as well as domestic fuels. Reducing dependence on fossil fuels is essential for climate
change and sustainable development.
We need to find better ways to use energy system that doesn’t hurt the environment. To do this, we
need new technology advancements, supportive policies, public awareness, and collaboration among
governments, industries, and individuals. EVs generate considerably lower emissions over their lifetime than
vehicles running on fossil fuels, irrespective of the source that generates the electricity. ICE vehicles ignite and
combust fuel within an internal combustion engine (ICE). EVs are powered by electricity from a rechargeable
battery instead. To fully leverage their environmental advantages, it is essential to adopt a comprehensive
approach that encompasses clean energy production, sustainable materials, streamlined manufacturing
processes, and the establishment of supportive infrastructure.

Lithium-ion batteries power EVs
William Morrison, from Des Moines, Iowa, creates the first successful electric vehicle in the U.S. His car is little
more than an electrified wagon, but it sparks an interest in electric vehicles. 1896 advertisement shows how
many early electric vehicles were not much different than carriages. The basic process for converting a car to
electric power involves removing the combustion engine, along with the gearbox, exhaust, and various other
components. These are then replaced with batteries and one or more electric motors. Lithium plays a vital role
in the composition of EV batteries. Lithium-ion batteries, which are utilized in the majority of EVs, rely on five
essential minerals: lithium, nickel, cobalt, manganese, and graphite. However, the extraction and processing of
these minerals can have significant environmental and social consequences. The manufacturing of lithium-ion
batteries generates toxic waste alongside other forms of waste. Although there are attempts to reduce and
handle waste responsibly, it is possible for toxic waste to be produced during the battery manufacturing
process. Proper disposal of used batteries is vital to reduce environmental and health risks from hazardous
waste in EVs. Strategies to maximize EV’s environmental benefits can be implemented.

Rapid growth of EV market
The global EV market has experienced impressive growth, reflecting a substantial transition to sustainable
transportation. Industry reports and projections indicate that this growth trend will persist in the future. Proper
disposal of used batteries is vital to reduce environmental and health risks from hazardous waste in EVs.
Strategies to maximize EV’s environmental benefits can be implemented. Global electric vehicle sales surged
despite the COVID-19 pandemic, exceeding three million units in 2020, as reported by the International Energy
Agency (IEA). IEA’s Global Electric Vehicle Outlook reports over 10 million electric car sales in 2022, with an
estimated 35 per cent growth to 14 million in 2023 worldwide. Global governments have implemented policies
like financial incentives, subsidies, tax exemptions, and stricter emissions regulations to promote electric
vehicle adoption, driving sales and innovation. Battery technology advancements, such as increased energy
density, cost reduction, and improved performance, have propelled EV market growth by enhancing driving
range, reducing charging times, and increasing competitiveness with traditional vehicles. The expansion of the
EV market includes various vehicle segments like buses, trucks, and two-wheelers, driven by emission
reduction, air quality improvement, and cost reduction goals. To drive electric vehicle (EV) adoption,
investments in charging infrastructure expansion are being made by governments and private companies. This
addresses range anxiety and enhance convenience in urban areas and on highways. Major automakers are
committing to EVs, phasing out internal combustion engines and investing in development. Global
collaborations and initiatives like EVI and EV30@30 are accelerating EV adoption and promoting charging
infrastructure development.

Global EV manufacturing
Market growth and adoption of electric vehicles vary by region and country due to factors like regulations,
infrastructure, consumer preferences, and economic conditions.
China holds the title of the largest global electric vehicle (EV) market, leading in sales and adoption. This
achievement is attributed to the Chinese government’s implementation of ambitious policies and incentives to
drive EV adoption. China has made notable progress in producing and promoting affordable electric vehicles
(EVs). Discounts of up to 60,000 yuan were previously offered to EV buyers but ended in 2022. New-energy
vehicles have been exempt from the 10 per cent purchase levy since 2014, extended until the end of 2023.
Chinese automakers like BYD, Great Wall Motors, Chery Automobile, Geely, and NIO offer various affordable
and premium EV models. Furthermore, Tata Motors, a prominent Indian automaker, offers electric vehicles like
the Nexon EV and Tigor EV. Mahindra Electric, a subsidiary of Mahindra & Mahindra, also produces EVs in
India. Hero Electric specializes in electric two-wheelers, while Bajaj Auto has entered the EV market with the
Chetak Electric scooter. Ather Energy is an Indian startup known for advanced electric scooters like the Ather
450X. Japan has been a significant player in the manufacturing and development of electric vehicles (EVs).
Japanese automakers have made notable contributions to the EV industry and have been actively involved in
the production of electric vehicles. Japan aims to make more than two million EVs a year by 2030. In Japan,
where EV demand is picking up gradually, an EV based on the tiny N-ONE model goes on sale in 2025. Two
more EV models are planned for the following year.
Asian nations, including South Korea, China, Japan, and others, have actively participated in electric
vehicle (EV) manufacturing. Companies like Hyundai, Kia, BYD, and NIO have made significant contributions to
the EV industry. These nations have invested in EV production, battery technology, and infrastructure, shaping
the global EV market.
Whereas, the United States is an active participant in electric vehicle (EV) manufacturing. Tesla, along with
traditional automakers like GM and Ford, plays a significant role. Startups such as Rivian and Lucid Motors
also contribute to innovation. Battery manufacturing and government support, including incentives and
infrastructure development, further bolster the US EV industry. in addition, Norway offers lucrative EV
incentives, including tax exemptions. The country will end the sales of internal combustion engine cars in 2025.
Norway’s experience suggests that electric vehicles bring benefits without the dire consequences predicted by
some critics. Popular and affordable EV models include the Nissan Leaf, Renault Zoe, Hyundai Ioniq Electric,
Chevrolet Bolt EV, and Tesla Model 3 (Standard Range). These are just a few examples, and the global EV
market is continually evolving with new models being introduced regularly. While the EV market has been
growing globally, its penetration in individual countries can vary significantly.

EV adoption in Myanmar
EV adoption in Myanmar is influenced by infrastructure, government policies, market demand, and economic
conditions.
To promote the development of EVs and related industries in Myanmar, companies interested in importing EVs
engaged with the Steering Committee on National-level Development of Electric Vehicles and Related
Industries. Upon receiving approval from the committee, the importation of EVs took place. The construction of
electric vehicle (EV) charging stations in Myanmar has already commenced. Pilot projects for EV charging
stations are underway in Yangon and Nay Pyi Taw. Local news sources report that models of EV charging
stations have been sent to the Ministry of Electrical Power in Nay Pyi Taw. The committee has approved the
importation and utilization of electric vehicles in Myanmar as a pilot project, commencing from 1 January to 31
December of this year. This initiative aims to promote the widespread use of electric vehicles locally.

Challenges to the EV Revolution
The lack of charging infrastructure and high capital expenditure costs are hindering the EV revolution, but
stakeholders are taking action to overcome these challenges. Expanding charging networks, improving battery
technology, and educating consumers is crucial. Addressing upfront costs and ensuring a sustainable supply
chain is important for wider adoption.
Grid management and consumer awareness also need attention. Collaboration between governments,
industry, and consumers is key for a successful transition to electric mobility. Continued investment and
support are vital for a sustainable EV revolution. Everyone faces challenges in life. It’s a matter of how you
learn to overcome them and use them to your advantage.

Source: The Global New Light of Myanmar

Under the guidance of the Yangon Region government, the Electronic Vehicles and Components Expo will be held on 12 May at the People’s Park, according to a coord meeting for organizing the EV expo with the companies.
The companies will exhibit EVs, charging stations and components at the event. The situations of EVs running in and out of Yangon will be presented as well.
Amid the global warming issues, natural disasters, air pollution and its impacts on the economy, the EVs will run in three big cities (Yangon, Nay Pyi Taw and Mandalay) as a pilot project to mitigate climate change and reduce carbon emissions.
The distributors of EVs and installers of EV charging stations; Chindwin Shan Co (CDS), Essential Motors Co Ltd (EM), Myanmar Brilliance Auto Co (MBA), Asia Pacific Automaker Corporation (AP AC), NPK Motors Co Ltd and Super Seven Star (SSS) will participate in the expo.

Source: The Global New Light of Myanmar

Yangon Mayor U Bo Htay said at the coordination meeting held on 28 April that EV charging stations will be built at hotels and shopping centres in Yangon.
Yangon Mayor said charging stations need to be built in high-traffic areas for wider use due to the dense population as Yangon is a business hub.
Companies’ officials who are responsible to build charging stations explained the technical information, locations of charging stations that have been built and officials from hotels and shopping centres participated in the discussion about the charging stations to be built.
Two EV charging stations were installed simultaneously on 19 March in front of the Yangon Railway Station and the Thiri Mingala market.

Source: The Global New Light of Myanmar

he fuel price stayed on the rise in the domestic market.
On 17 April, the prices stood at K2,235 per litre of Octane 92, K2,300 for Octane 95, K2,095 for diesel and K2,175 for premium diesel.
The domestic fuel prices are set depending on the price index set by Mean of Platts Singapore (MOPS), the pricing basis for many refined products in southeast Asia, according to the Supervisory Committee on Oil Import, Storage and Distribution of Fuel Oil.
Last August 2022, the oil prices surged to K2,605 per litre for Octane 92, K2,670 for Octane 95, K3,330 for premium diesel and K3,245 for diesel.
The committee is therefore governing the fuel oil storage and distribution sector effectively not to have a shortage of oil in the domestic market and to ensure price stability for energy consumers.
The Petroleum Products Regulatory Department, under the guidance of the committee, is issuing the daily reference rate for oil to offer a reasonable price to energy consumers. The reference rate in Yangon Region is set on the MOPS’s price assessment, shipping cost, premium insurance, tax, other general cost and health profit per cent.
The rates for regions and states other than Yangon are evaluated after adding the transportation cost and the retail reference rates daily covered on the state-run newspapers and are posted on the media and official website and Facebook page of the department daily starting from 4 May.
The committee is inspecting the fuel stations whether they are overcharging or not. The authorities are taking action against those retailers of fuel stations under the Petroleum and Petroleum Products Law 2017 if they are found overcharging rather than the set reference rate.
As per the statement, 90 per cent of fuel oil in Myanmar is imported, while the remaining 10 per cent is produced locally. The domestic fuel price is highly correlated with international prices. The State is steering the market to mitigate the loss between the importers, sellers and energy consumers. Consequently, the government is trying to distribute the oil at a reasonable price compared to those of regional countries.
Some countries levied higher tax rates and hiked oil prices than Myanmar. However, Malaysia’s oil sector receives government subsidies and the prices are about 60 per cent cheaper than that of Myanmar. Every country lays down different patterns of policy to fix the oil prices. Myanmar also levies only a lower tax rate on fuel oil and strives for energy consumers to buy the oil at a cheaper rate. 

Source: The Global New Light of Myanmar

The tanker ships from Singapore carrying fuel oil arrived at the oil tanks and jetties of Thilawa port
under the management of the Supervisory Committee on Import, Storage and Distribution of Fuel Oil, Ministry of Energy and Myanmar Petroleum Trade Association yesterday.

The officials of these three sectors and the Myanma Port Authority inspected the processes to ensure proper fuel consumption during the Thingyan period and post-Thingyan period. Regarding the arrival of tanker ships, U Kyaw Kyaw, Chairman of the Information Committee of Myanmar Petroleum Trade Association said,” If I report on the fuel at Thilawa Terminal and in Myanmar, the country has 4,337,405 gallons of 92, 10,480,514 gallons of 95, 1,727,403galloons of 97,30,932,299 gallons of diesel and 2,978,945 gallons of premium. We have enough fuel for 30 days except for 97. Another 13 ships will arrive here within 15 days of April. It will be 218,014 tonnes and 60,837,308 gallons. It will arrive here within 15 days. On 5 April, we will have 16,000 tonnes which is 4,793,920 gallons and three ships will dock within the next five days. Today, the remaining amount of fuel at Thilawa Terminals is over 41 million gallons of 92 Ron, 10 million gallons of 95 Ron, 1.7 million gallons of 97 Ron, 19 million gallons of diesel and 18 million gallons of premium diesel.” Then, U Naing Win Tun from the Petroleum Products Regulatory Department said the staff and employees of the ministries concerned led by the Chief Inspector from Petroleum Products Regulatory Department inspected the fuel carried by the tankers, fuel storage at the tankers of Terminals, distribution to fuel stations under the instructions of Supervisory Committee on Import, Storage and Distribution of Fuel Oil. Moreover, the inspectors from respective regions and states also examined whether the fuel tanks filled with fuel at Thilawa terminals arrive at the fuel stations and whether the stations sell as per the reference rate.It also permits to distribute the fuel to factories, industries and other sectors and the country has enough fuel stock. U Phyo Zaw Lwin, Manager of the Shipping Agency Department of Myanma Port Authority said, “Myanma Port Authority arranges the entry and exit of ships. There are over 30 ships every month.

At that time, we also make proper arrangements for the ships so that they can enter and exit day or night depending on the current without any delays. In March, a total of 32 ships unloaded fuel and there are five ships until 4 April. Currently, three ships are discharging fuel at the bridges. There will be eight or 10 more ships to arrive here. According to their nature, we are informed when they finish the loading processes in Singapore and Malaysia. So, there will be between 8 and 10 ships. We mostly import from Singapore now.” Officials are arranging for the entry of fuel oil tankers before and after the Thingyan period, according to the Myanmar Petroleum Trade Association.

Source: The Global New Light of Myanmar

The MoU amendment signing ceremony on Myanmar-Laos Power Cooperation between the Ministry of Electric Power of Myanmar and the Ministry of Energy and Mine of Lao People’s Democratic Republic and signing ceremony of Notice to Proceed (NTP) to conduct a feasibility study on cross-border power project to hand over to Consortium of PISASAI Energy and Mine Investment Pte Ltd and Primus Sapphire Power Company Limited were held in Nay Pyi Taw yesterday.
First, State Administration Council Member Deputy Prime Minister Union Minister for Transport and Communications Admiral Tin Aung San said Myanmar and Laos are members of ASEAN and GMS and working together closely for regional affairs. According to the MoU made on 15 January 2018, it worked together with PISASAI and Mine Investment Pte Ltd and Primus Sapphire Power Company Limited during five years and it made progresses in power transmission/selling project. Besides the two companies, the two governments should work together closely.
Then, Union Minister for Electric Power U Thaung Han said Myanmar and Laos will conduct a feasibility study on connecting up to 600MW between the two countries by extending the MoU for another five years and Mekong hydropower project development programmes. The cross-border power project will be reached Kengtung in 2024 and Meiktila in 2026 and it will support the electrification of Myanmar.
After that, Laos Minister of Energy and Mines Phoxay Sayasone said the two countries approved extending the MoU on electricity cooperation for five years at the 5th Joint Working Committee (JWC) meeting and the 6th Joint Working Group (JWG) meeting. The MoU includes a cross-border power project and cooperation for the hydropower project. Enhancing bilateral cooperation in the power sector will accelerate the friendship and sector-wise development of the two countries.
Then, the Union Minister and Lao Minister signed the MoU Amendment and exchanged it. Director-General U Soe Myint and officials of PISASAI Energy and Mine Investment Pte Ltd and Primus Sapphire Power Company Limited also signed the Notice to Proceed (NTP) and exchanged it.

Source: The Global New Light of Myanmar

The fuel prices dip in the domestic market tracking the slump in world oil prices. The octane exceeded diesel significantly in price. The prices moved slightly down to K2,037 per litre of Octane 92, K2,128 for Octane 95, K2,007 for diesel and K2,081 for premium diesel on 29 March. The price stood at K2,145 for Octane 92, K2,240 for Octane 95, K2,110 for diesel and K2,190 for premium diesel on 28 March. Diesel is commonly used in generators and agricultural machines.

Consequently, demand is higher than before. As a result of this, there is difficulty in purchasing in the industrial sector. Therefore, some hike up rent for agricultural machines for unreasonable assumptions despite the decrease in diesel price. The diesel price hit a high of K3,245 per litre in August 2022. This month, diesel price hovers at approximately K2,000 per litre.

The price difference between diesel and Octane has narrowed. Earlier, diesel surpassed Octane in price. Some businesses consume diesel as commercial power supplies were restricted to a certain extent in March. Yet, they can save some costs amid the diesel price decline. I anticipate the diesel price to stay low like this for a long time, Ko Htaw, a truck owner told the Global New Light of Myanmar. 

Source: The Global New Light of Myanmar