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ISSN : 2287-1608
Analysis on the Trade-off between an Hydro-power Project and Other Alternatives in Myanmar
Takao Fujiwara (Toyohashi University of Technology)
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Abstract
Myanmar’s current power situation remains severely constrained despite being richly endowed in primary energy sources. With low levels of electrification, the demand for power is not adequately met. Cooperation in energy has been a major focus of future initiative for all developed and developing nations. If we want to solve climate change, and change our energy infrastructure, we need to be innovative and entre-preneurial in energy generation. This paper will help us in examining Bayesian MCMC Analysis for the parameters estimation among the arrival rates of disaster occurrences, firm’s expected income-based electricity tariffs, and estimated R&D investment expenses in new energy industry. Focusing on Japan’s electric power business, we would like to search the potential for innovative initiatives in new technological energy industry for the regional development and ecological sustainability in Myanmar.
- keywords
- Bayesian MCMC analysis, renewable energy, innovation, sustainability, regional development, cooperation
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