CCE
Summary
Mongolia’s endless Gobi Desert and wind-swept steppes hold 2,600 gigawatts of untapped solar and wind potential—enough clean power to light up Beijing, Seoul, and Tokyo combined. Sandwiched between energy-hungry China and Russia, this sparsely populated nation of 3.3 million could export megawatts like it does coal today.
Four Soviet-era combined heat-and-power plants dominate, churning coal for electricity and district steam. Beyond power, coal is king: Mongolia ranks among top coking exporters, revenues funding roads, schools, even the sovereign wealth fund now eyeing data centers. South Gobi mines employ tens of thousands; abrupt cuts risk unrest.
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