ASEAN Energy Storage Power Supply Customization

Does ASEAN have a policy for promoting battery energy storage?

According to the ASEAN Centre for Energy (ACE) Policy Brief: Enabling Policies for Promoting Battery Energy Storage in ASEAN, only a few AMS have related policies. For instance, Thailand’s Ministry of Energy presented its ‘Energy 4.0’ strategy by integrating disruptive energy technologies such as energy storage systems.

Does ASEAN need energy storage?

The ASEAN bloc has set the targets of 23% renewable energy in its Total Primary Energy Supply (TPES) and 35% renewable energy in ASEAN installed power capacity by 2025. This means that energy storage is required. Additionally, without BESS acceptance on a larger level, the needed funds won’t materialise, and fewer BESS will be built.

What will ASEAN's Energy Future look like?

ASEAN’s power generation is expected to make a substantial shift towards renewable energy, particularly solar and wind, with the RAS and CNS leading this transition. Energy storage technologies, including Battery Energy Storage Systems, will play a critical role in stabilising the grid and supporting the ASEAN Power Grid.

How can ASEAN achieve a renewables-based transformation?

The renewables-based transformation would need a massive investment in electricity infrastructure to maintain the balance of supply and demand. ASEAN has adequate policies to positively influence the attractiveness of energy storage through renewable energy investment, both on-grid and off-grid.

Does ADB support the ASEAN Power Grid?

ADB is uniquely positioned to support the ASEAN Power Grid. The ASEAN power grid will improve energy security, strengthen resilience of the overall energy system, and promote the region's decarbonization. Delivering the ASEAN Power Grid is a complex, long-term task that requires strong and strategic partnerships.

What is ASEAN's top priority?

ASEAN’s top priority in facing this situation is to supply the growing demand with clean and sustainable energy. Determinedly, the region has set the targets of 23 per cent renewable energy share in Total Primary Energy Supply (TPES), and 35 per cent share of renewable energy in ASEAN installed power capacity by 2025.