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Estatedia | Economy & Real Estate Media in Cambodia

Cambodia’s Installed Electricity Capacity Reaches 5,044 MW in 2024

PHNOM PENH: Cambodia’s total installed electricity capacity amounted to 5,044 megawatts (MW) last year, up 8.5 percent from 4,649 MW in 2023, a report from the Electricity Authority of Cambodia (EAC) showed on Monday.

The amount of energy consumed from electricity sources increased from 16,804 million kilowatt-hours in 2023 to 19,419 million kilowatt-hours in 2024, said the source, stating that the report was released in the EAC’s annual meeting to review work achievements in 2024 and set forth new work direction for 2025.

The meeting was presided over by H.E. Keo Rottanak, Minister of Mines and Energy, and EAC Chairman H.E Yim Piseth, with the participation of representatives from relevant ministries and institutions, Rural Electricity Association, local authorities, consumers and electricity providers.

The main sources of renewable energy in the Kingdom are hydropower, solar energy and biomass energy. The country also buys electricity from neighbouring countries, especially during the dry season.

As of last year, 99.15 percent of the total 14,168 villages nationwide have access to electricity, the report pointed out.

Based on the Power Development Master Plan (PDP) 2022-2040, the Royal Government of Cambodia (RGC) announced that there would no more investment of coal power plants after 2024, and renewable energy would play a significant role towards Cambodia’s transition to clean energy.

The RGC approved on Sept. 23 last year power investment projects worth in total US$5.79 billion for 2024-2029, aiming at addressing the energy shortage.

The projects will increase Cambodia’s share of clean energy generation capacity to 70 percent by 2030 from more than 62 percent at present, according to the ministry.

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