Mongolia approves seven strategic decisions to liberalise energy sector


National companies will lead the construction and immediate commissioning of new solar power plants across five provinces to diversify the energy mix. - Go Go Mongolia/ANN

ULAANBAATAR: Following its latest session, the Cabinet has announced seven key initiatives aimed at liberalising the national energy sector and ensuring long-term stability.

Timely completion of Selenge power plant: The 70 MW thermal power plant currently under construction in Selenge province via private investment will be prioritised to ensure it begins operations on schedule.

Acceleration of "Zes Oyu" Substation: Construction of the "Zes Oyu" (Copper Oyu) power transmission substation will be expedited to improve regional grid connectivity.

Emergency battery storage deployment: To mitigate the risk of power outages during peak demand hours, the government will fast-track the installation of advanced battery energy storage systems.

Domestic solar expansion: National companies will lead the construction and immediate commissioning of new solar power plants across five provinces to diversify the energy mix.

Efficiency-driven cost reductions: The Cabinet has mandated a three per centreduction in electricity and heat transmission and distribution costs, to be achieved through operational efficiencies in the short term.

Smart energy monitoring: A user-centred digital system will be launched, allowing citizens to monitor their real-time energy consumption directly via mobile devices.

Nationwide heat metering: A comprehensive project to install heat meters at every stage of the distribution network is scheduled for full implementation by the third quarter of 2026. - Go Go Mongolia/ANN

 

 

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Mongolia , energy sector , liberalisation

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