From The Report: Mongolia 2012
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Mongolia’s energy sector has long depended entirely on the one resource it possesses in abundance: coal. This paradigm is unlikely to change drastically in the near future, but the country is looking to diversify its energy portfolio while modernising infrastructure. Solar and wind power are candidates for development, given Mongolia’s 257 cloudless days per year and its wide, open spaces. With major reserves of uranium, moreover, nuclear power is another potential avenue to be pursued, albeit in the long-term. In the short term, Mongolia is focused on building out its electricity grid to handle the energy demands of various mining projects and the increasing adoption of modern amenities in its cities.
This chapter features interviews with John Rice, Vice-Chairman, GE; and D. Enkhchimeg, CEO, Petrovis.