Stimson in the News

Courtney Weatherby op-ed in The Diplomat on Mekong dam anxieties

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The government of Laos officially submitted the Pak Beng Dam to the Mekong River Commission in mid-November and has begun preparatory work around the future dam site. While this announcement appears to indicate that the government of Laos and international funders for more than 100 hydropower projects are continuing to move full steam ahead despite serious concerns from downstream countries and affected communities, emerging financial risks and regional shifts are increasingly impacting the risk calculus for future projects.

There are three regional factors disrupting the terrain for investment in large hydropower dams in mainland Southeast Asia. The first is the emergence of Myanmar as a competitor for energy sector investment. Myanmar is an underdeveloped country with significant hydropower potential of up to 100,000 megawatts (MW), nearly four times that of Laos. Western sanctions and domestic instability previously prevented hydropower from moving ahead in Myanmar, and as a result the Salween and Irrawaddy remain largely undisturbed.

Read the full article here.

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