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 to expand the capacity of the Lao PDR-Thailand-Malaysia-Singapore (LTMS)-PIP of cross border power trade from Lao PDR to Singapore via Thailand and Malaysia using existing connection for two- years period as a further step to support HAPUA initiatives on the ASEAN Power Grid (APG) and Multilateral Power Trade (MPT) in the region;
- Welcome the progress of efforts towards multilateral power trade including the Power Interconnection Projects (PIPs) that will initiate the Brunei-Indonesia-Malaysia and the Philippines (BIMP)-PIP in 2023.
- Welcome the commencement for the new feasibility studies on cross border interconnection and multilateral interconnection in the sub region in order to share the renewable energy
- Endorse the draft text of the Instrument of Extension (IoE) of the existing APG MoU, and agree to target IoE signing at the 41st AMEM and expedite efforts to obtain their Full Powers to enable such signing.
- 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 and to keep the relevancy of AIMS III result under the changing national and regional energy landscape, the periodically updated of the study is welcomed;
- Contribute to the achievement of the ASEAN Renewable Energy (RE) target of 23% share of Total Primary Energy Supply (TPES) by 2025 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.