Trending Now
Yes, Governments Do Freeze Funds
Housing Has Become More Affordable. The Fed Could...
Using Government Arts Funding To Wage Culture War
Radicalism, not Conservatism, Is the Answer
The Right Needs to Reject Conservatism
Should Governments Prosecute Fraud?
Election Policy Roundup
PHL hoping to advance regional power grid plan...
Transmission rates down in October billing
Nickel Asia Corp. unit’s geothermal deal revoked due...
  • About Us
  • Contacts
  • Email Whitelisting
  • Privacy Policy
  • Terms and Conditions
DailyProfitTips.com
  • Editor’s Pick
  • Economy
  • Investing
  • Politics
  • World News
EconomyEditor's Pick

PHL hoping to advance regional power grid plan at ASEAN summit

by October 15, 2025
October 15, 2025

By Sheldeen Joy Talavera, Reporter

THE PHILIPPINES will seek to start discussions on an ASEAN-wide electricity grid when it chairs the regional bloc’s summit next year.

“As the Philippines prepares for its chairmanship of ASEAN in 2026, we wish to highlight the transformative potential of regional integration,” Energy Undersecretary Rowena Cristina L. Guevara said during the Asian Development Bank (ADB) Asia Clean Energy Forum 2025 on Tuesday.

“Through a more integrated regional approach, we see opportunities for foreign investors to look at ASEAN as an investment area, as opposed to just the potential of individual countries,” she added.

Ms. Guevara said that the ASEAN Power Grid initiative can serve as “the backbone of a more resilient and efficient regional energy market.”

“Power flows across borders can reduce supply disruptions and unlock synergies — particularly for renewable energy as we harmonize the geographical differences that dictate availability,” she said.

The ASEAN Power Grid aims to connect the electricity networks of the 10 member countries, enabling cross-border power trading. The target timetable for the program is 2045.

According to the ASEAN Centre for Energy, the ASEAN Power Grid was first proposed in 1997 under ASEAN Vision 2020.

The Philippines will be hosting the ASEAN Summit next year.

Ms. Guevara said the ASEAN Power Grid will be among the agenda items the Philippines will push during the summit.

Winfried F. Wicklein, director general for Southeast Asia at ADB, said that the ASEAN Power Grid will support electricity supply for 680 million people living in the region and maximize the use of renewables.

“A unified power market attracts more investment, creates more jobs, and reduces risks for cross-border energy projects. Also, a unified grid helps optimize energy investments on grid and generation across the region,” Mr. Wicklein said at a briefing.

The initiative allows those countries with abundant renewable energy resources to export clean energy to neighbors as needed, he said.

Keiju Mitsuhashi, energy director at ADB, said an ASEAN Power Grid would require around $16-billion investment for 18 interconnection projects.

“We see this as a very complicated project which requires pre-feasibility and feasibility studies. And then more preparatory investigative studies…So we are looking at how to support or arrange the financial gaps, which is difficult for the private sector (to finance),” Mr. Mitsuhashi said.

He said the bank is looking at how to mobilize private-sector financing for the construction of the interconnections.

Among the 18 priority projects under the ASEAN Power Grid that were identified is the Philippines-Sabah interconnection, a key grid-to-grid link for the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area.

The planned interconnection will link the Philippines and Malaysia through the Kudat substation in Sabah to Palawan via a 275-kilovolt high-voltage direct current subsea cable.

previous post
Transmission rates down in October billing
next post
Election Policy Roundup

Related Posts

Yes, Governments Do Freeze Funds

October 16, 2025

Using Government Arts Funding To Wage Culture War

October 15, 2025

Should Governments Prosecute Fraud?

October 15, 2025

Election Policy Roundup

October 15, 2025

Transmission rates down in October billing

October 15, 2025

Nickel Asia Corp. unit’s geothermal deal revoked due...

October 15, 2025

2025 budget release hits 96.7% at end of...

October 15, 2025

Palay, corn Q3 output estimates downgraded

October 15, 2025

Protesting farmers say corruption has weakened gov’t ability...

October 15, 2025

Sugar imports put on hold until 2026

October 15, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
    • About Us
    • Contacts
    • Email Whitelisting
    • Privacy Policy
    • Terms and Conditions

    Copyright © 2025 DailyProfitTips.com All Rights Reserved.

    DailyProfitTips.com
    • Editor’s Pick
    • Economy
    • Investing
    • Politics
    • World News