APAC Outlook

ASEAN PLAN OF ACTION FOR ENERGY COOPERATIO­N

-

Under the APAEC there is institutio­nal arrangemen­t which helps ACE to establish the working mechanism with the 10 member states – Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippine­s, Singapore, Thailand and Vietnam.

This arrangemen­t is as follows:

The ASEAN Ministers on Energy Meeting provides overall guidance and advice on the implementa­tion of the APAEC, as well as guidance to address key issues, challenges and concerns of common interest and to set policy directions.

The Senior Officials Meeting on Energy

(SOME) collective­ly determines key priorities and provides directions and advice on the APAEC to ensure coordinati­on, and integratio­n of strategies and actions.

The relevant sub-sector networks and specialise­d energy bodies, namely; Heads of ASEAN Power Utilities/Authoritie­s (HAPUA), ASEAN Council on Petroleum (ASCOPE), ASEAN Forum on Coal (AFOC), Energy Efficiency and Conservati­on sub-sector Network (EE&C-SSN), Renewable energy sub-sector Network (Re-SSN), Regional energy Policy and Planning subsector Network (REPP-SSN) and Nuclear energy Cooperatio­n sub-sector Network (NEC-SSN) shall serve as the SOME implementi­ng arms in their respective programme areas.

ACE, with support of ASEAN Secretaria­t, shall assist SOME, sub-sector networks and specialise­d energy bodies in carrying out the above responsibi­lities, including technical support and assistance in the supervisio­n, coordinati­on and review of the cooperatio­n programmes and activities of APAEC.

A sustainabl­e standpoint

‘Enhancing Energy Connectivi­ty and Market Integratio­n in ASEAN to Achieve Energy Security, Accessibil­ity, Affordabil­ity and Sustainabi­lity for

All’ is the theme of the 2016-2025 APAEC, directing much of ACE’s recent attentions towards the renewable and sustainabi­lity segment.

“The seven plans that we have ongoing are very much geared towards this,” explains Zamora. “For example, we have an aspiration­al target that 23 percent of ASEAN’s energy will be of renewable origin by 2020, and that there will equally be a 20 percent reduction in energy intensity.

“We ecourage all stakeholde­rs to adopt cleaner coal technologi­es, since ASEAN still has abundant sources of coal while electrific­ation rates are still very low in some areas.

“Further, ACE also continues to assist member states in their adoption of best practices in other ways such as the ASEAN Energy Awards, a ceremony for institutio­ns and organisati­ons alike which have already implemente­d the best practices in the energy sector.”

Working tirelessly towards achieving the targets laid out in the APAEC blueprint, ACE works extensivel­y with each of the 10 member states, regardless of any differenti­ation in their economic developmen­t, GDP per capita, energy resources, energy production and energy ergy consumptio­n levels.

“We emphasise the importance of regionalit­y in order r to achieve energy security, accessibil­ity, ity, affordabil­ity and sustainabi­lity,”

Zamora adds, “and d in regard to regionalit­y, ty,

ACE ensures that energy activities will provide benefits and nd opportunit­ies to all l

ASEAN members.” ”

Exploiting the opportunit­ies

Looking to the future, ACE will continue to help deploy and integrate successful strategies and solutions across the region, driven by an increasing need for Southeast Asia to adapt and prepare for the impending accelerati­on of the fourth industrial revolution.

“At the 30th ASEAN Summit on April 29, 2017 in Manila, regional leaders recognised the need for ASEAN to maximise new opportunit­ies in technology and innovation, human capital, regulatory frameworks, infrastruc­ture and connectivi­ty, as well as inclusive and sustainabl­e growth,” Zamora reveals.

“Thus, besides our alignment with the APAEC blueprint, digitalisa­tion will undoubtedl­y become a major factor in our future prediction­s and forecast of ASEAN’s energy sector.”

Combined with influx of differenti­ated and effective industry technologi­es, the centre has also identified that the renewable energy segment is beginning to strive in the region. The likes of Malaysia, Thailand, and Vietnam, for example, are increasing­ly leveraging the power of solar photovolta­ic energy, while Indonesia is expected to develop more wind turbines in the coming years.

These t things in mind, it seems renewabl renewable energy, alongside technolog technology, may be crucial in allowing ACE to achieve ac its expansive APAEC goals in th the next six years.

Zamora concludes: “The full potential of ASEAN’s renewable energy is still untapped, so there are a lot of opportunit­ies opp to accelerate the impleme implementa­tion of such solutions, makin making the renewable energy indus industries key to ASEAN energy secto sector’s developmen­t.

“In my eyes, this will be the rising star of the future.”

“The full potential of ASEAN’s renewable energy is still untapped, so there are a lot of opportunit­ies to accelerate the implementa­tion of such solutions”

 ??  ??
 ??  ??

Newspapers in English

Newspapers from United Kingdom