We, the Heads of ASEAN Power Utilities/Authorities, reiterate our commitment to enhance energy connectivity and market integration in ASEAN to achieve energy security, accessibility, affordability and sustainability for all while taking necessary actions to preserve the environment and address climate- related challenges. We are specifically committed to:
- Pursue the integration of the ASEAN Power Grid (APG) to support optimal use of regional resources and economic integration, and with the commencement of the Lao PDR–Thailand–Malaysia Power Integration Project (LTM PIP) Phase ll with energy traded up to 300 MW. The Lao PDR-Thailand- Malaysia-Singapore Power Integration Project (LTMS-PIP) which enables up to 100 MW of cross border power trade, from Lao PDR to Singapore via Thailand and Malaysia using existing connection is also targeted to commence from 2022-2023.
- Pursue the participation expansion of the multilateral power trade participation of the Lao PDR- Thailand-Malaysia Power Integration Project (LTM-PIP) Phase 1 and Phase 2 which has shown great accomplishment by encouraging other ASEAN Member States to participate the multilateral power trade or to initiate the electricity multilateral trading in another regions or sub regions;
- Pursue implementation of the roadmap and action plan of the minimum requirements for establishing multilateral power trade set forth in the completed Feasibility Study for ASEAN Multilateral Power Trade by working hand in hand with ASEAN Energy Regulatory Network (AERN) as a platform for national regulators of ASEAN Member States to collaborate and create consensus on regulatory aspects of multilateral power trade and ASEAN Power Grid, in order to establish the market mechanism, institutions and interconnection infrastructure needed to advance multilateral electricity trade;
- Support the implementation of the ASEAN Interconnection Master Plan Studies (AIMS III) with the purpose of increasing the integration of renewable energy into ASEAN Power Grid, exploring an opportunity and benefit of having higher Variable Renewable Energy (VRE), Emergence of new technologies with the lower cost in future and sustainability and advancing for multilateral power trade;
- Contribute to the achievement of the ASEAN Renewable Energy (RE) target of 23% share of Total Primary Energy Supply (TPES) by 2025 by assessing the potential of Renewable Energy Investment opportunities and contribution to the ASEAN Power Grid, and examine the impact and value of technologies to respond to the increasing scale of RE penetration as well as exploring ways to apply grid modernization, grid flexibility, smart grid and digitization technologies, while maintaining system reliability and power quality; and
- Continue to strengthen capabilities of ASEAN Member States on the efficient and sustainable generation, delivery and consumption of electricity through collaborative training, expertise and best practices