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2.1 Vision Section 2. Strategy and Policy The Government of Lao PDR promotes the development of renewable energies as an important component of the national economic development to ensure energy security, sustain socio-economic development, and enhance environmental and social sustainability. 2.2 Policies The promotion and development of renewable energies is one of the priority policies of the Government to stabilize energy supply and to assist in the social and economic improvement of the country. The Lao Government supports domestic and foreign entrepreneurs and investors to invest in energy projects at the village level. The development of renewable energy resources while responding to the needs of the local people contributes to the process of becoming self-sufficient in energy supply and for the development of energy exports. Renewable energy development involves participation of public and private sectors. Policies on the promotion and development of renewable energies in Lao PDR focus on Small power development for self sufficiency and grid connection, biofuels production and marketing, and development of other clean energies in the country. The government defines priorities for development as follows: • Provide financial incentives to investors who aim to produce clean energies to meet domestic demand and, who take socially and environmental corporate responsibility in order to increase investments in renewable energy projects; • Formulate and improve laws and regulations to facilitate renewable energy development. For electricity and energy development in rural areas, important aspects being considered are as follows: • Prioritization of policies which facilitate private sector investments in rural electrification such as provision of incentives and financing; • Development of small power systems, biofuels, solar and biomass energy at the village level to provide electricity and energy to rural and remote communities; • Generation of electricity for productive uses at the village level using waste materials from agriculture, biogas, hydropower or other local resources. People in rural areas will be encouraged to use renewable energy to enhance self-sufficiency and the GoL will seek cooperation with private sector, NGO and development partners to encourage investment support for processing equipment and necessary machinery adjustments. Integrated with national climate change strategy: Increase public awareness and understanding of climate change impacts and the need for mitigation and adaptation. 2.3 Objectives The main objectives of this strategy are the following: 15PDF Image | Renewable Energy Development Strategy in Lao PDR
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