Myanmar powers up

This is one tough question to answer.

The government heavily subsidises electricity prices, providing power to consumers at around 3 US cents a megawatt, compared with 16 cents in Cambodia. This is much less than the cost of production, which is around 8 or 9 cents. It costs the government around $350 million a year to subsidise the national grid.

The government seems to have deferred any move to raise electricity prices for fear of sparking protests and unrest, say some industry analysts. This has also raised fears that the government will continue to drag its feet on approving generation projects, as new plants would swell the subsidy bill further, increasing the budget deficit and straining public finances

Source: Myanmar powers up | Bangkok Post

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First-ever ‘negative emissions’ power plant goes online

Climeworks and Reykjavik Energy have started running the first power plant confirmed to produce “negative emissions” — that is, it’s removing more CO2 than it puts out. The geothermal station in Hellsheidi, Iceland is using a Climeworks module and the plant’s own heat to snatch CO2 directly from the air via filters, bind it to water and send it underground where it will mineralize into harmless carbonates.

Source: First-ever ‘negative emissions’ power plant goes online

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