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Minister of Vitality B.Choijilsuren answered journalists’ questions on power tariffs on October 2. He mentioned, “For a few years, we talked about bringing the value of power according to market rules and bringing it to the true price. If the earnings of the economic system, residents, and enterprises stabilizes within the first half of subsequent 12 months, we will speak about rising the value of electrical energy. In any other case, the lack of the power sector this 12 months is estimated to be about 200 billion MNT. So, we don’t have any alternative however to extend the value of power. Nonetheless, we’re cautious of constructing such a choice when the earnings just isn’t steady after the world economic system is shaken as a result of pandemic and the Russia-Ukraine conflict.”
The minister additionally acknowledged, “Mongolia’s power consumption has exceeded the put in capability for a very long time. This drawback can’t be solved in a single 12 months. However this winter could also be a bit calmer. We’re working to put in a battery storage system with a capability of 80 MW on the Songino substation in late November or early December. Within the Dornod Energy Plant, 50 MW of energy shall be added. In comparison with final 12 months, the consumption will enhance by six to seven %, so it can meet the earlier 12 months’s degree. The primary spherical of Buuruljuut Energy Plant’s 150 MW shall be put in in This autumn, 2024. We plan to place the following 150 MW block into operation in Q1 and Q2, 2025. On this case, it means that we’ll have some power reserves from 2025.”
The working lack of the power sector was 45.1 billion MNT in 2010, 18.9 billion MNT in 2015, 88.1 billion MNT in 2020, and 187.3 billion MNT in 2022. Some media reported that Russia could cease supplying power to Mongolia and different international locations from this month or could scale back the quantity. When requested, the Minister mentioned, “There was no dialogue about stopping the provide of power to us.”
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