Thursday, 23 July 2020
In the mid-end pandemic, as countries including the ones in struggles began to reopen the economy, the overall electricity demand is yet to recover. This reopening economy requires power utility companies to review the electricity masterplan and to prioritise towards more sustainableenergy projects, while also secure their budget. Skyrocketing electricity bills, particularly in the household sector, insisted the government offer tariff waivers or exemption but with a limited period. The disbursement of stimulus to both electricity consumers and producers are vitally needed, to provide a proper recovery plan in the power sector.
This energy insight is supported by the ASEAN Climate Change and Energy Project (ACCEPT), funded by the Norwegian Government under the Norwegian-ASEAN Regional Integration Programme (NARIP) and is jointly implemented by the ASEAN Centre for Energy (ACE) and the Norwegian Institute of International Affairs (NUPI). The project includes the active involvement of key ASEAN stakeholders and helps enhance modelling, analytical and regional policy planning capacities within ASEAN.