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Malaysia launches Asean Energy Business Forum ahead of ministers' meeting in October
Malaysia launches Asean Energy Business Forum ahead of ministers' meeting in October

The Sun

time7 days ago

  • Business
  • The Sun

Malaysia launches Asean Energy Business Forum ahead of ministers' meeting in October

KUALA LUMPUR: Malaysia has officially launched the Asean Energy Business Forum 2025 (AEBF 2025), setting the stage for the region's most significant clean energy platform ahead of the Asean Ministers on Energy Meeting in October. The forum will focus on advancing the Enhanced Asean Power Grid and mobilising the massive investment needed for the region's energy transition. Organised by the Ministry of Energy Transition and Water Transformation in collaboration with the Asean Centre for Energy, the three‑day event will take place from Oct 15 to 17 at the Kuala Lumpur Convention Centre. It will gather energy ministers, policymakers, investors and technology providers from across Asean and beyond to explore solutions for a sustainable and interconnected energy future. Deputy Prime Minister and Energy Transition Minister Datuk Seri Fadillah Yusof said Malaysia's Asean chairmanship this year, under the theme 'Asean 2025: Inclusivity and Sustainability', provides a timely platform to accelerate collective action on clean energy and integration. 'Energy is a vital enabler of regional economic integration and inclusive development. The Asean Power Grid is not merely an infrastructure project, it is a symbol of Asean solidarity and a concrete pathway to enable more renewable energy integration, reduce dependency on fossil fuels and create resilient energy systems,' he said in his keynote address. Fadillah described AEBF as more than a conference, calling it 'a marketplace of ideas, a platform for partnership, and a catalyst for innovation' that will showcase technologies and investment opportunities in areas such as grid modernisation, green hydrogen, energy efficiency and carbon markets. He said the forum is crucial as Asean transitions from the current Asean Plan of Action for Energy Cooperation (APAEC) 2021–2025 into the 2026–2035 phase. 'This is a pivotal turning point to intensify efforts in accelerating the clean energy transition, enhancing energy security and expanding access, especially in under‑served communities.' A key outcome expected in October is the signing of the Enhanced Memorandum of Understanding on the Asean Power Grid, which will formalise cooperation on multilateral electricity trade, standardisation and regulatory harmonisation. Speaking at a press conference, Fadillah said all Asean countries have indicated support for the initiative. 'The agreement will spell out the roadmap and how we harmonise standards, regulations and the business model for cross‑border energy exchange. Only with one standard can interoperability be achieved.' He added that the details would be worked out at the senior officials' level, but stressed the importance of moving from vision to action. 'Without energy, there is no way Asean can achieve what we aspire to be, a prosperous region with shared prosperity that is economically, socially and environmentally sustainable,' he said. Fadillah noted that AEBF 2025 will draw participation not only from Asean but also from dialogue partners in the West and the East, reflecting global interest in the region's fast‑growing energy market. 'Where else can you see all ten Asean ministers and major industry players convene in one venue? This forum will showcase technologies, foster business‑to‑business networking and provide insights into the latest innovations driving the shift to cleaner energy,' he said. Topics expected to be discussed include renewable energy, civilian nuclear power, electric mobility, smart grids and carbon markets. Malaysia aims for the forum to deliver tangible outcomes aligned with the Asean Community Vision 2045 and Malaysia Madani principles, which prioritise sustainability, inclusivity and shared prosperity. 'We envision a forum that does not just discuss ideas but sparks collaborations, accelerates investment flows and supports real outcomes,' Fadillah said. 'Let us power Asean's future through partnership, bridge our boundaries through innovation and build shared prosperity through sustainability.'

Sarawak showcases clean energy potential at Asean energy meet
Sarawak showcases clean energy potential at Asean energy meet

Borneo Post

time18-06-2025

  • Business
  • Borneo Post

Sarawak showcases clean energy potential at Asean energy meet

Mad Zaidi speaks to the media. – Photo from Information Department KUCHING (June 18): The 43rd Asean Senior Officials Meeting on Energy (SOME) provided an excellent platform for Sarawak to highlight its potential leadership in the regional clean energy agenda, said Ministry of Energy Transition and Water Transformation (Petra) secretary-general Datuk Mad Zaidi Mohd Karli. He said the meeting, which concluded today here, has allowed Sarawak to demonstrate its strengths to energy officials from across Asean. 'This meeting was a great opportunity to introduce Sarawak to Asean delegates as a state rich in natural resources and committed to renewable energy. 'It showed Sarawak is ready to play an important role in the regional energy agenda,' he told reporters after the meeting. Held over three days from June 16, the meeting aimed to align regional energy policies and review the progress of the Asean Plan of Action for Energy Cooperation (APAEC). Hosted by Malaysia through Petra, the event also served as a preparatory platform for the upcoming Asean Ministers on Energy Meeting (AMEM) in October. It brought together senior energy officials from all 10 Asean member states – Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam – alongside Timor-Leste as an observer. Dialogue partners included China, Japan, the Republic of Korea, and the European Union. Nearly 250 delegates participated, including representatives from the Asean Secretariat, Asean Centre for Energy (ACE), and international organisations such as the International Renewable Energy Agency (IRENA), International Energy Agency (IEA), Economic Research Institute for Asean and East Asia (ERIA), Asian Development Bank (ADB), and World Bank. According to a statement from Petra, six high-level meetings were successfully convened during the 43rd SOME. Key outcomes included significant progress on the Asean Power Grid initiative, with the ADB presenting its 2025–2026 work plan focused on clean energy transitions and sustainable infrastructure via innovative financing frameworks. The 16th SOME-Russia Energy Consultation explored cooperation in oil, gas, and nuclear energy, while initiating discussions on a new energy cooperation plan for 2026–2028. Meanwhile, the 16th SOME–United States Energy Consultation emphasised decarbonisation and the expansion of renewable energy across the region.

APG will boost regional power connectivity, energy security, says Fadillah
APG will boost regional power connectivity, energy security, says Fadillah

The Star

time16-06-2025

  • Business
  • The Star

APG will boost regional power connectivity, energy security, says Fadillah

KUCHING: The Asean Power Grid (APG) initiative will improve power connectivity and energy security across the region, says Datuk Fadillah Yusof. The Deputy Prime Minister said an enhanced memorandum of understanding (MOU) on the APG was set to be signed at the Asean Ministers on Energy Meeting in Kuala Lumpur in October, along with the formal endorsement of the terms of reference of the subsea power cable development framework. "This critical advancement will undoubtedly propel our regional energy integration forward," he said at the welcoming dinner of the 43rd Asean Senior Officials Meeting on Energy here on Monday (June 16) night. Fadillah, who is also Energy Transition and Water Transformation Minister, said the APG was the cornerstone for cultivating a more resilient and sustainable energy future across Asean. He described it as an infrastructure project with a vision of electricity flowing seamlessly across borders and shared energy security and prosperity. "By interconnecting our national grids, we are creating the backbone of a truly integrated Asean energy market," he said. Fadillah called for stronger political will, deeper technical cooperation and smarter investment strategies to fully realise the APG. He said harmonised regulations, open and transparent markets and digital innovation were needed to make real-time regional power trading a reality. "We need to embrace not just the hardware cables, substations and control systems, but also the software: governance frameworks, data sharing and mutual trust. "In essence, the Asean Power Grid is about turning our diversity into strength. It is about leveraging our shared geography and complementary resources to build a future that is greener, more inclusive and more secure," he said. He added that the APG enhanced MOU, coupled with the forthcoming Asean Plan of Action for Energy Cooperation 2026-2030 document, will be a powerful catalyst for economic growth across all Asean member states.

All 10 Asean states represented at Senior Officials Meeting on Energy in Kuching, Timor Leste an observer
All 10 Asean states represented at Senior Officials Meeting on Energy in Kuching, Timor Leste an observer

Borneo Post

time16-06-2025

  • Business
  • Borneo Post

All 10 Asean states represented at Senior Officials Meeting on Energy in Kuching, Timor Leste an observer

(From eighth left) Mad Zaidi and undersecretary for Planning, Investment, Media Affairs and Spokesperson Department of Energy, Philippines Felix William B Fuentebella join other delegates for a photocall. – Photo by Roystein Emmor KUCHING (June 16): The 43rd Asean Senior Officials Meeting on Energy (SOME) and its Associated Meetings began today, aiming to align regional energy policies and review progress under the Asean Plan of Action for Energy Cooperation (APAEC). Hosted by Malaysia through the Ministry of Energy Transition and Water Transformation (Petra), the three-day event also serves to prepare key decisions ahead of the Asean Ministers on Energy Meeting (AMEM) scheduled for October. All 10 Asean member states – Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam are taking part, along with Timor-Leste as an observer. Nearly 250 delegates are expected to attend, including senior energy officials; representatives from the Asean Secretariat; Asean Centre for Energy (ACE); dialogue partners such as China, Japan, Korea, Russia, and the United States; as well as international bodies like the International Renewable Energy Agency (Irena), International Energy Agency (IEA), Economic Research Institute for Asean and East Asia (Eria), Asian Development Bank (ADB), and World Bank. In his opening remarks, Petra secretary-general Datuk Mad Zaidi Mohd Karli said the theme Powering Asean: Bridging Boundaries, Building Prosperity reflects Malaysia's focus on inclusivity and sustainability in driving the region's energy development. 'This theme is important to emphasise the need for energy and dynamism in driving the region's development to propel Asean forward. 'It also underscores the ultimate goal of Asean integration, which is to improve the lives of its citizens by promoting economic growth, creating jobs, and focuses on inclusivity and sustainability that will benefit all segments of society,' he said. He also led delegates in observing a moment of silence in memory of the late director Dr Irma Caliwagan Exconde of the Philippines, who was recognised for her contributions to Asean's energy cooperation, particularly in the renewal of the Asean Power Grid memorandum of understanding (APG MoU). The meetings will focus on advancing the APG Enhanced MoU, finalising the draft APAEC policy document, and securing endorsement of the Asean Petroleum Security Agreement (APSA). Other key issues include energy transition financing, grid integration, and progress on APAEC targets. Malaysia chairs the session, with the Philippines serving as vice-chair. 43rd Asean Senior Officials Meeting on Energy lead Mad Zaidi Mohd Karli

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