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Home News South East Asia Laos

Laos Faces Power Crisis from Crypto Mining, Low Rainfall

NEWSROOM by NEWSROOM
May 17, 2024
in Laos
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Laos faces electricity shortages as cryptocurrency mining and erratic rainfall strain its hydropower capacity. 

Somboun Sangxayarath, an advisor at Electricite Du Laos (EDL), cites cryptocurrency mining’s surge, now constituting over a third of power demand, alongside decreased hydropower output due to lower rainfall.

According to Reuter’s reports, Laos, renowned as Southeast Asia’s battery for its hydropower potential, struggles with power supply amid rising demand from cryptocurrency mining and unpredictable rainfall…



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