Market Design for Multilateral Trade of Electricity in ASEAN: A Survey of the Key Components and Feasibility

Yanfei Li (), Tsani Rakhmah and Junichi Wada ()
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Yanfei Li: Hunan University of Technology and Business and Economic Research Institute for ASEAN and East Asia No. 569 Yuelu Avenue, Changsha Hunan, P.R. China
Junichi Wada: International Business Development Office Tokyo Electric Power Company Power Grid, Inc. 1-2-2, Uchisaiwai-cho Chiyoda-ku Tokyo, 100-0011, Japan

Asian Economic Papers, 2020, vol. 19, issue 1, 43-60

Abstract: The member states of ASEAN have together identified a need to develop the ASEAN Power Grid and enable the multilateral cross-border trade of electricity in a coordinated manner within ASEAN. This has been set out in the ASEAN Plan of Action for Energy Cooperation (APAEC) 2016-25. Moving forward from the current situation, this paper reviews the key components and feasibility of establishing an interconnected and competitive multilateral electricity market within the ASEAN countries. An indicative roadmap is developed based on an in-depth survey of experts to profile an appropriate market design for the multilateral trade of electricity in the ASEAN.

Date: 2020
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