ASEAN Interconnection Masterplan Study (AIMS) III Phase 3: Implementation Strategy for Multilateral Power Trade in ASEAN

Read the full article here.

Summary

The ASEAN Interconnection Masterplan Study (AIMS) III Phase 3 Report on Implementation Strategy for Multilateral Power Trade in ASEANs erves as a strategic roadmap for operationalising regional electricity markets, detailing the necessary regulatory frameworks and governance structures to make cross-border power trade a reality. 

As the last part of the AIMS III Phase 3, the report highlights that a phased implementation strategy, focused on establishing market rules and strengthening regional institutional coordination, is the vital catalyst needed to accelerate multilateral power trade and maximise the economic benefits of a connected ASEAN Power Grid (APG). 

The report was prepared by the ASEAN Centre for Energy (ACE), with the support of the United Nations Office for Project Services programme for Southeast Asia Energy Transition Partnership (ETP-UNOPS), Clean, Affordable and Secure Energy (CASE) for Southeast Asia, and United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), under the APG Advancement Program (APG-AP).

Source: Wikipedia