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 change challenges. We are specifically committed to:
- Welcome the commencement of the Lao PDR–Thailand–Malaysia-Singapore Power Integration Project (LTMS-PIP) in June 2022, which enables up to 100 MW of cross border power trade from Lao PDR to Singapore via Thailand and Malaysia using existing connection for two-year period as a further step to support HAPUA initiativeson the ASEAN Power Grid (APG) and Multilateral Power Trade (MPT) in the region;
- Encourage participation of other ASEAN Member States (AMS) to the MPT of the LTMS-PIP which has shown a great accomplishment as well as supporting the initiation of multilateral power trade in other sub regions;
- Achieve milestones of the road map and action plan of the minimum requirements for establishing MPT set forth in the completed Feasibility Study for ASEAN MPT by working hand in hand with ASEAN Energy Regulators Network (AERN) and ASEAN Power Grid Consultative Committee (APGCC) to collaborate and create consensus on regulatory aspects of the MPT and the APG, to establish the market mechanism, institutions and interconnection infrastructure needed to advance the multilateral power trade;
- Explore results and recommendations coming from ASEAN Interconnection Master Plan Studies III (AIMS III) to be used as a reference for APAEC Phase II implementation and further development of APG and Multilateral Power Trade with the purpose of increasing the integration of renewable energy into the grid by capturing the opportunities and benefits of having higher variable renewable energy (VRE) and the use of emerging new, lower cost and sustainable technologies;
- Contribute to the achievement of the ASEAN Renewable Energy (RE) target of 23% share of Total Primary Energy Supply (TPES) in line with AMS initiatives on energy transition and decarbonization by assessing the potential of renewable energy investment opportunities and contribution to the APG, 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
- Contribute to strengthen capabilities of AMS on the efficient and sustainable power generation, delivery and consumption of electricity through collaborative training, expertise and best practices sharing.