"Mongolia can become a major player in the renewable energy supply chain," UN Secretary-General António Guterres said following a meeting with Mongolian Foreign Minister Batmunhiin Battsetseg.

UN: Mongolia Could Become a Major Player in the Renewable Energy Market

“Mongolia can become a major player in the renewable energy supply chain,” UN Secretary-General António Guterres said following a meeting with Mongolian Foreign Minister Batmunhiin Battsetseg.

Guterres believes that Mongolia has the potential to supply not only itself but also other countries, and the republic is capable of becoming a leader in this area.

The state program “New Revival Policy,” adopted in early 2022, pays special attention to energy. By 2030, Mongolia plans to receive 30% of electricity in the total energy balance from alternative sources – wind and solar power plants.

To date, the country receives about 18% of its energy from renewable sources, TASS reports.

In addition, 3.8 thousand small and large streams and rivers flow in Mongolia, which can become a source of electricity generation.

In the meantime, 80% of it is produced at coal-fired thermal power plants, while the country also imports electricity from Russia and China through several transmission lines.