Cambodia Power Q4 2019
Cambodia's power sector growth will accelerate in the near term, driven by new solar and thermal power plants comingonline between 2019 and 2021. Government will prioritise power sector diversification and electricity imports after drought-induced reductions in hydropower generation brought on rolling blackouts in 2019. This dynamic, in conjunction with the low costof solar power at auction, will support further growth through the remainder of our 10-year forecast period to 2028. However, rapidreal GDP and population growth will drive up the shortfall in domestic power generation compared to total demand, increasing theneed for greater investment in new capacity and posing an upside risk to our medium-long term forecasts.
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