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ASEAN power grid key to regional energy security
AWANI
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3 months ago
As energy demand soars across Southeast Asia, regional cooperation has become more crucial than ever. At Singapore International Energy Week 2025, the ASEAN Power Grid is highlighted as key to building a more secure and sustainable energy future.
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00:00
As energy demand surges across Southeast Asia, regional cooperation is more important than ever.
00:07
At Singapore International Energy Week 2025, experts are pointing to the ASEAN power grid
00:14
as a key to a more secure and sustainable energy future.
00:18
Farhana Sheh reports from Singapore.
00:21
I am reporting from Singapore International Energy Week's EU 2025,
00:26
where energy security, sustainability and regional cooperation are at the center of discussions.
00:33
Now, the ASEAN power grid is seen as a key enabler of the region's clean energy transition,
00:39
designed to connect power systems across borders, improve energy access and enhance resilience against supply shocks.
00:47
If you share your resources, you can delay your infrastructure,
00:53
like building a power plant, building another transmission network, your grid.
00:59
If you have a strong interconnected system with your universal.
01:04
So, those money can save, can reduce the cost of energy in a country like Malaysia.
01:12
And energy security, you know, what will be the cost?
01:15
If I may ask you, what will be the cost implication to the economy if you have a blackout?
01:21
It's massive, it's huge.
01:23
So, those security costs can be shared among ASEAN members.
01:30
Financing the ASEAN power grid remains a key challenge,
01:33
as countries balance national priorities with regional goals.
01:37
Razib says the approach must be equitable,
01:39
where every member state benefits fairly from shared infrastructure and resources.
01:43
I believe the market will determine the pricing and the cost and everything has to be fair.
01:53
So, I take example, Laos, we always say Laos is a battery for the South Asian, for the ASEAN.
02:01
So, if they were to sell the power to their neighboring countries,
02:05
they will get, you know, whatever the right price for their resources,
02:09
especially the hydro resources, and Vietnam, they have a lot of wind resources,
02:14
so they will get the right price.
02:15
So, it's all based on the commercial and the market that we're going to design properly.
02:22
So, to answer you, yes, it is a thing that we are going to work fairly,
02:29
and open, and transparent,
02:32
and to the satisfaction of all ASEAN member states.
02:36
As ASEAN looks to meet rising electricity demand and cut reliance on fossil fuels,
02:42
the power grid could be a game-changer,
02:44
if countries can align policies and investment priorities.
02:48
From Singapore International Energy Week 2025,
02:51
I'm Fahana Shea, reporting for Awani International.
02:54
I'm Fahana Shea, reporting for Awani International.
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