Mongolia aims to export electricity to Asian countries

Oyundelger 2017-06-09 07:06

Energy & Science

Mongolia is considering a $7 billion plan to build coal, wind and solar plants that could send electricity across China, Russia, South Korea and Japan said Shivee Energy Complex.

Mongolia aims to export electricity to Asian countries. Mongolia is considering a $7 billion plan to build coal, wind and solar plants that could send electricity across China, Russia, South Korea and Japan said Tamir Batsaikhan, a project director with the Shivee Energy Complex. It’s a concept of how to connect power markets across Asia, where demand is forecast by BMI Research to grow 3.5 percent annually through 2026. A feasibility study on Mongolia’s proposed 5,280-megawatt Shivee project, which is backed by state-run investor Erdenes Mongol LLC and the country’s energy ministry, is expected by the end of this month, said Tamir. State Grid Corp. of China is carrying out the study and talks with potential buyers would only start after its completion.