Energy experts believe that Mongolia has the potential to become the biggest exporter of renewable energy in the world. According to an international study, Mongolia has the ability to provide 40 percent of its energy needs by renewable energy resources such as solar, wind and hydroelectric power. China, South Korea and Japan have a huge demand for imported energy; whilst North Korea faces many difficulties in producing its own power. Earlier today (31 October), an international discussion on the possibilities of Mongolia exporting energy to the world was held at the Corporate and Convention Centre.
International energy corporations, organizations and agencies from the Northeast Asian Region such as China, North Korea, Japan, South Korea and Russia participated in the discussion.