The ASEAN Power Grid (APG) is a major regional infrastructure project aimed at enhancing connectivity and market integration in Southeast Asia. In November 2023, the ASEAN Power Grid Advancement Program (APG-AP) was launched by the ASEAN Centre for Energy (ACE) in collaboration with the CASE project and ETP to accelerate APG’s progress.
Singapore supports the APG’s goals, which aim to integrate renewable energy sources and provide accessible, affordable, and resilient electricity to ASEAN member states. Singapore plans to import up to 4 GW of low-carbon electricity by 2035, making up about 30% of its total electricity supply. This cross-border electricity trade will benefit exporting countries by attracting investments in renewable energy and energy-efficient technologies.
This article, co-authored by Bird & Bird, Tay & Partners and PSC Consulting, explores how Singapore and Malaysia’s power import policies and regulatory frameworks can facilitate power trading projects between the two countries.