Published: 24 Feb 2025
Author: Mirza Sadaqat Huda
It’s time to incorporate new key priorities into the pact to better address current realities of energy interconnection and serve future needs.
The adage “good fences make good neighbours” is becoming increasingly obsolete in Southeast Asia, thanks to ASEAN’s progress in connectivity across multiple areas, including energy. Despite the second Trump administration’s renewed attack on globalisation, the need of the day is not fences that separate us but rules-based systems that facilitate even greater levels of interconnection. In this context, the successor ASEAN Power Grid Memorandum of Understanding (MoU) is an opportunity to address three key priorities — the creation of a regional institution, an ASEAN Renewable Energy Certificate (REC) market and a transparent regional wheeling charge methodology.
For full article, please open the link:
https://fulcrum.sg/new-asean-power-grid-agreement-must-reflect-new-needs/
The article was published by ISEAS.
IRSEA and ISEAS have agreed to enter into a relationship of cooperation.
The opinions expressed in this article are the author’s own and do not necessarily reflect the official policy, position or view of IRSEA