As of February 2018, 502.3 million kilowatt-hours of energy was generated nationwide, with renewable energy making up seven percent of energy production. Mongolia’s Sustainable Development Vision includes the goal of raising the share of renewable energy in electricity generation to up to 20 percent.
The policy and planning department of the Ministry of Energy has stated that the goal could be achieved by 2019. The ministry said that the minimum price limit for consumed energy could be lifted in order to strengthen fair competition and lower prices.
As of February 2018, 502.3 million kilowatt-hours of energy was generated nationwide, with renewable energy making up seven percent of energy production. Mongolia’s Sustainable Development Vision includes the goal of raising the share of renewable energy in electricity generation to up to 20 percent.
The policy and planning department of the Ministry of Energy has stated that the goal could be achieved by 2019. The ministry said that the minimum price limit for consumed energy could be lifted in order to strengthen fair competition and lower prices.