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ASEAN Energy Grid Targeted By 2045

ASEAN Energy Grid Targeted By 2045

BusinessToday14 hours ago
ASEAN foreign ministers have set an ambitious target to realise the ASEAN Power Grid by 2045, reinforcing their shared vision for a more connected, secure and low-carbon energy future across Southeast Asia.
In a Joint Communique issued after the 58th ASEAN Foreign Ministers' Meeting (AMM), the leaders reaffirmed their commitment to boosting regional energy interconnectivity, including accelerating the development of the power grid, the Trans-ASEAN Gas Pipeline, the ASEAN Petroleum Security Agreement and carbon capture, utilisation and storage (CCUS) efforts.
The ministers welcomed plans to sign an enhanced memorandum of understanding on the ASEAN Power Grid and endorse a new framework for subsea power cable development within the year.
The statement also highlighted progress made on the Laos-Thailand-Malaysia-Singapore Power Integration Project and acknowledged ongoing talks on the Brunei-Indonesia-Malaysia-Philippines integration project.
The 58th AMM and related meetings, hosted under Malaysia's ASEAN Chairmanship at the Kuala Lumpur Convention Centre, concluded on July 11 with renewed focus on regional energy security and sustainability. Related
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