In 2015 government of Mongolia adopted the State Policy on Energy for 2015-2030 periods. The main objectives of the policy are to build the energy security of the country, assure sustainability of the energy sector development and create the basis for faster deployment of renewables in the future.
The Policy establishes interim and final goals in two stages:
- 1st stage to be executed over 2015-2023 period of time with a focus to develop energy safety and backup power capacity, establish foundations for the development of renewable and improve legal environment for the renewable sector.
- 2nd stage corresponds to 2024-2030 period of time with goals to export secondary energy and to develop sustainable renewable energy sector.