Aug 29, 2024 · This blog will break down the various factors influencing BESS costs, offering a clear, easy-to-understand analysis that helps you make informed decisions. What is BESS and
Jan 1, 2024 · Cambodia''s cost of electricity to industrial users remains highest in the region, which in turn is contributing towards the increased cost of doing business, a World Bank study has
Electricity prices in Cambodia are among the highest in the region, topping USD 0.137 per kWh. This is considerably more than neighbouring countries. The price of electricity in Cambodia not only impacts the competitiveness of Cambodian industries but also limits access to reliable power for a significant segment of the population.
The Cambodian market for electrical and electronic products is segmented into two main categories: low-cost products from China with varying quality, and high-quality products for customers who are willing to pay more.
The high electricity cost for consumers results from the quantity of imported energy and the outdated energy grid. Electricity prices in Cambodia are among the highest in the region, topping USD 0.137 per kWh. This is considerably more than neighbouring countries.
In 2021, Cambodia has approximately 54,000 people working in electrical and electronics manufacturing, which account for about 1.43% of the country’s total employment. For comparison, the industry employed 600,000 people in Thailand (1.57% of the workforce) and more than a million in Vietnam (1.78% of the workforce).
The composition of Cambodia’s electricity supply is a blend of domestic production and international imports. In 2022, over 25% of the country’s energy was imported from Thailand, Laos and Vietnam. Due to the country’s high reliance on hydropower, power demand typically outstrips domestic supply during the dry season.
As the market is highly competitive and very price-driven, GES Cambodian is diversifying its activity in the healthcare sector, aiming to provide electronic devices to the industry in the coming years.
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