Asean countries are making steady progress on the road to seamless and secure electricity supplies throughout the region under the Asean Power Grid (APG).
Fifteen investment projects worth nearly $6 billion are under way or planned and all had been scheduled to be completed by 2015. However, many of the completion dates have been moved back, and other barriers still exist to full interconnection of power supply in the region.
The creation of a region-wide grid is a response to growing energy demand in rapidly modernising Asean. The region’s primary energy requirements are projected to triple between 2005 and 2030 to 1,252 million tonnes of oil equivalent (mtoe). The average annual growth rate is 4%, higher than the world average of 1.8%.
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