Accelerating Power Grid Interconnectivity in Southeast Asia: A Private Sector Perspective
Building an integrated regional power system between member states of the Association of Southeast Asian Nations (ASEAN) can facilitate economic growth for the region and enable businesses to cost-effectively procure reliable, clean electricity. As corporations strengthen their clean energy commitments, the grid becomes an important enabler of power sector emissions reductions as well as economic development.
A new paper from the Asia Clean Energy Coalition (ACEC) offers a private sector perspective on the importance of renewing the Memorandum of Understanding (MOU) on the ASEAN Power Grid, focusing on its accelerated implementation to expand multilateral power trade and cross-border grid interconnections.
ACEC supports strengthening the ASEAN Power Grid MOU to recognise the importance of conducting regional grid planning holistically and regularly prioritising interconnectors that boost clean energy penetration, harmonising regulatory and technical frameworks and making data accessible to facilitate multilateral power trade and clean energy tracking, and acknowledging regulators have a role to play in ensuring all stakeholders interests are safeguarded.