Somboun Sangxayarath, a consultant at Laos' state-owned Electricity Company (EDL), said that increasing electricity demand in Laos due to cryptocurrency mining and erratic rainfall has led to power shortages, indicating a challenge to the country's prospects as a hydropower exporter to South East Asia.
Known as South East Asia's "battery" for its hydropower export potential, Laos offers the cheapest, most stable clean energy and is vital to decarbonizing a region that is struggling to scale up solar and wind power.
Electricity shortages in Laos due to crypto mining operations and erratic rainfall
2024-05-18 04:26:06
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