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Study on Enabling Agreement amongst ASEAN Member States for Establishing Multilateral Power Trade and ASEAN Power Grid Institutions

Editor

Listed:
  • Yanfei Li
  • Kei Sudo

Author

Listed:
  • Kei Sudo

    (Economic Research Institute for ASEAN and East Asia (ERIA))

  • Yanfei Li

    (Economic Research Institute for ASEAN and East Asia (ERIA))

Abstract

ASEAN, one of the world’s most dynamic economic regions, is experiencing a surge in energy demand. To meet this demand while reducing greenhouse gas emissions, significant expansion of the power system and major investments in renewable energy are essential. In response, the ASEAN Power Grid (APG) and multilateral power trading across it are being developed as a solution. ERIA’s previous research highlights the need for two critical functions to facilitate the APG's progress: the APG Generation and Transmission Planning function (AGTP) and the APG Transmission System Operator function (ATSO). This study examines a framework for establishing a high-level intergovernmental agreement (IGA) amongst ASEAN Member States to formalise the AGTP and ATSO functions. These functions are expected to play a crucial role in supporting and advancing multilateral power trade within the APG structure.

Suggested Citation

  • Kei Sudo & Yanfei Li, 2024. "Study on Enabling Agreement amongst ASEAN Member States for Establishing Multilateral Power Trade and ASEAN Power Grid Institutions," Books, Economic Research Institute for ASEAN and East Asia (ERIA), number 2024-RPR-23 edited by Yanfei Li & Kei Sudo, October.
    • Handle: RePEc:era:eriabk:2024-rpr-23
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