ASEAN Power Grid Summit to be held in May 2018
The hosting of ASEAN Power Grid Summit 2018 (APGS 2018) with its overarching theme, ‘Enhancing ASEAN Power Grid (APG) Investment towards Regional Energy Optimisation’ is timely in addressing pertinent and relevant issues in foregrounding the potentials of power sector of ASEAN countries and attracting more Foreign Direct Investments (FDI) into ensuring the success of meeting the rising energy demand and translating that into successful connections of power grids in ASEAN member states.
A regional APG would help ASEAN member states to improve access to energy services and reduce the costs of developing an energy infrastructure. APG is established to connect the countries with surplus power generation capacity to those countries of which facing a deficit. An interconnected power system as such could further enhance the development and integration of variable renewable power generation capacity.
Southeast Asia countries are forecasted to have high rise of demand in the power sector; is expected to tripling from 789TWh in 2013 to about 2,200TWh in 2040 which doubles the current capacity. To materialise this, calls for investments of USD618 billion in generation and USD690 billion in the transmission and distribution of power is needed.
The event will be held in Vientiane, Lao PDR on 24-26 May 2018. The registration fee starts from $1350 per delegate. After the 1st of May it will be increased to $2100 per delegate.
Press-release at the ASEAN Power Grid Summit 2018 official web-site