Enhancing APG Investment Towards Regional Energy Optimisation

Secure and reliable electricity infrastructure is vital to support the regional economic growth and integration process. Southeast Asia countries in particular are forecasted to have high rise of demand in the power sector; is expected to tripling from 789TWh in 2013 to about 2,200TWh in 2040 which doubles the current capacity. To materialise this, calls for investments of USD 618 billion in generation and USD 690 billion in the transmission and distribution of power is needed.

A regional ASEAN Power Grid (APG) would help ASEAN member states to meet the rising energy demand, improve access to energy services and reduce the costs of developing an energy infrastructure. APG is established to connect the countries with surplus power generation capacity to those countries of which facing a deficit. An interconnected power system as such could further enhance the development and integration of variable renewable power generation capacity.

The hosting of Asean Power Grid Summit 2018 (APGS 2018) with its overarching theme, ‘Enhancing APG Investment towards Regional Energy Optimisation’ is timely in addressing pertinent and relevant issues in foregrounding the potentials of power sector of ASEAN countries and attracting more Foreign Direct Investments (FDI) into ensuring the success of meeting the rising energy demand and translating that into successful connections of power grids in ASEAN member states.

Message from Dr. Khammany Inthirath    Minister of Energy and Mines Lao People's Democratic  Republic	Message from Dr. Daovong Phonekeo     Permanent Secretary Ministry of Energy and Mines, Lao PDR

Our Global Patner

1. Việt Nam’s Long Road to Energy Security
   Lê Văn Lực, deputy head of the Ministry of Industry and Trade’s Electricity and Renewable Energy in Việt Nam tells Hải Quan (Customs) newspaper that it will take at least a decade for the nation...
2. Russia Pledges to Expand Energy Ties with Vietnam
   Russian Prime Minister Dmitry Medvedev met his Vietnamese counterpart Nguyen Xuan Phuc yesterday during a state trip to Hanoi. While details of the talks were sparse, both sides said they hoped to expand co-operation in the...
3. Opec Ineffective, Dr M Says Ahead of Global Oil Policy Meeting
   KUALA LUMPUR, Nov 13 — There’s less than a month before oil producing countries meet to decide their output and the Organisation of the Petroleum Exporting Countries (Opec) has come under rebuke from Malaysia’s prime...
4. Philippines' Ayala Corp. Pivots to Renewables With Vietnam Solar Investment
   AC Energy, a subsidiary of Philippine conglomerate Ayala Corp., has pledged to use technology to improve lives and ensure a sustainable future for all. It recently announced a deal in Vietnam to build out 80...
5. Nepal, Bangla to Meet on Energy Trading, Investment
   After a series of negotiations, Nepal and Bangladesh have finally decided to meet to pursue energy cooperation and investment between the two nations. According to a recent update, both the countries have agreed upon to hold...
6. Fifth Gas Discovery in Myanmar Offshore Block a-6
   Appraisal well Shwe Yee Htun-2 has been successfully drilled with formation evaluation results indicating a gas column and net pay thickness that substantially exceeds prior expectations, according to MRPL E&P. The domestic oil and gas firm...
7. Vietnam’s Renewable Energy Sector in a State of Flux
   Vietnam’s renewable energy sector is experiencing an unprecedented surge in project activities and policy changes, making end results unpredictable. The surge in activity includes project approvals as well as project transfers to technically experienced and financially...
8. Oil Prices Rise After Saudi Output Dips, U.S. Drilling Stalls
   Oil prices rose on Monday after Saudi crude production registered a surprising dip in July and as American shale drilling appeared to plateau. Markets also anticipated an announcement from Washington due later on Monday detailing renewed...
9. Indonesia to Make Bio-diesel Use Compulsory From 1st Sept: Official
   Indonesia aims to make the use of biodiesel blended fuels compulsory for all vehicles and heavy machinery from Sept. 1, Renewable Energy Director General Rida Mulyana said on Wednesday, amid efforts to reduce the current...
10. Myanmar Joins International Solar Alliance
    Myanmar on July 19, 2018 joined the India-initiated International Solar Alliance (ISA), thus, becoming the 68th signatory to the Framework Agreement of the ISA that aims for optimum utilisation of solar energy. Myanmar Minister for International...