Attending the Workshop “Electricity Market Designs for Renewables in Southeast Asia”

On April 24-25, 2024, Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy Group and Director of VP Carbon, attended the workshop “Electricity Market Designs for Renewables in Southeast Asia.”

The event took place in Bangkok, Thailand, as part of the “Clean, Affordable and Secure Energy for Southeast Asia” (CASE) project, co-organized by GIZ and the Southeast Asia Energy Transition Partnership (ETP).

Electricity Market Designs for Renewables in Southeast AsiaMr. An, Pham Dang, representing Vu Phong Energy Group and VP Carbon, is actively engaging in discussions with various stakeholders at the workshop

The workshop brings together key stakeholders from government agencies, organizations, reputable renewable energy businesses from Indonesia, the Philippines, Thailand, and Vietnam, and international experts. The event aims to explore the potential of clean energy in Southeast Asia and foster open dialogue by creating a space for regional stakeholders to collaborate.

Electricity Market DesignsParticipants presented on the renewable energy landscape in their respective localities (Image source: ERAV)

“While Southeast Asia boasts strong renewable resources and investment opportunities, the current share of solar and wind in the energy mix remains relatively low, this event delves into how existing electricity market designs can be adapted to attract crucial investments in renewables and ensure smooth integration into power grids undergoing significant transformation.” said Mr. Sascha Oppowa, Energy Project Director at GIZ.

In-depth discussions centered on identifying policy measures to boost investment in renewable energy and cost-effective integration systems. Delegates also explored the benefits, opportunities, and potential of the ASEAN Power Grid (APG) for interconnected power systems across the region.

The event provided an open space for stakeholders to discuss new trends, challenges in the renewable energy sector, and the solutions countries can implement to achieve their set goals.

Vu Phong Energy Group

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