ASEAN PLAN OF ACTION FOR ENERGY COOPERATION (APAEC) 2016-2025

FULL REPORT

EXECUTIVE SUMMARY

Energy is key to the realisation of the ASEAN Economic Community (AEC) which calls for a well-connected ASEAN to drive an integrated, competitive and resilient region. Energy is key to the realisation of the ASEAN Economic Community (AEC) which calls for a well-connected ASEAN to drive an integrated, competitive and resilient region.

ASEAN is now one of the most dynamic and fastest growing economic regions in the world, and through the implementation of the AEC by end of December 2015, this growth is expected to continue. The region is projected to grow by at least 4% per year on average over the next five years, but could be as high as 6% – provided ASEAN moves towards greater integration, where member states continuously implement domestic structural reforms to raise their productivity and competitiveness under the framework of the AEC.

1 To fuel this growth, the demand in primary energy
2 is expected to grow by an average of 4.7% per year from 2013 to reach 1,685 Mtoe in 2035, according to the ASEAN Centre for Energy’s (ACE) 4 th ASEAN Energy Outlook (AEO4).

Addressing this growing demand for energy, which is driven by both economic and demographic growth, has been a challenge for ASEAN ahead of the AEC. Against this backdrop, the 32 nd ASEAN Ministers on Energy Meeting (AMEM) held on 23 rd September 2014 in Vientiane, Lao PDR, endorsed the theme of the new ASEAN Plan of Action for Energy Cooperation (APAEC) 2016-2025 as “Enhancing Energy Connectivity and Market Integration in ASEAN to Achieve Energy Security, Accessibility, Affordability and Sustainability for All” .

The theme also reflects the central elements of connectivity and energy security captured in the Nay Pyi Taw Declaration on the ASEAN Community’s Post 2015 Vision adopted by the ASEAN Leaders at the 25 th ASEAN Summit in Nay Pyi Taw, Myanmar, on 12 th November 2014 The key initiatives under this APAEC include embarking on multilateral electricity trading to accelerate the realisation of the ASEAN Power Grid (APG), enhancing gas connectivity by expanding the focus of the Trans-ASEAN Gas Pipeline (TAGP) to include Liquefied Natural Gas (LNG) regasification terminals as well as promoting clean coal technologies. It also includes strategies to achieve higher aspirational targets to improve energy efficiency and increase the uptake of renewable energy (RE) sources, in addition to building capabilities on nuclear energy.

Plans to broaden and deepen collaboration with ASEAN’s Dialogue Partners (DPs), International Organisations (IOs), academic institutions and the business sector will be stepped up to benefit from their expertise and enhance capacity building in the region. The APAEC 2016-2025 will be implemented in two phases. Phase I will cover the period 2016-2020 for the implementation of short to medium-term measures to enhance energy security cooperation and to take further steps towards connectivity and integration. In 2018, there will be a stocktake of the progress of Phase I, which will guide ASEAN in charting the pathways and directives for Phase II (2021-2025).

 

 

2 thoughts on “ASEAN PLAN OF ACTION FOR ENERGY COOPERATION (APAEC) 2016-2025

  1. Let’s compare to Europe energy strategy 2050

    https://ec.europa.eu/energy/en/topics/energy-strategy/2050-energy-strategy

    The EU has set itself a long-term goal of reducing greenhouse gas emissions by 80-95% when compared to 1990 levels by 2050. The Energy Roadmap 2050 explores the transition of the energy system in ways that would be compatible with this greenhouse gas reductions target while also increasing competitiveness and security of supply.

    To achieve these goals, significant investments need to be made in new low-carbon technologies, renewable energy, energy efficiency and grid infrastructure. Because investments are made for a period of 20 to 60 years, policies that promote a stable business climate which encourages low-carbon investments must begin to be made today.
    Energy Roadmap

    The European Commission’s 2011 Energy Roadmap set out four main routes to a more sustainable, competitive and secure energy system in 2050: energy efficiency, renewable energy, nuclear energy and carbon capture and storage. It combined these routes in different ways to create and analyse seven possible scenarios for 2050.

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  2. ASEAN must wake up. There is no such thing called “clean coal”. Coal has to be eliminated in the energy planning

    Economically speaking, this is in Germany: Germany’s Coal Generation May Be Worthless By 2030, Says Barclays : http://cleantechnica.com/2016/03/17/germanys-coal-generation-may-be-worthless-by-2030-says-barclays/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+IM-cleantechnica+%28CleanTechnica%29

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