Online, 20 November 2020
Opening Ceremony and Highlights
Launch of APAEC Phase II: 2021-2025 frames the region’s energy cooperation plan in the next five years and the longer-term work towards a sustainable ASEAN energy future.
In APAEC Phase II: 2021-2025, aspirations were set to (i) increase the energy intensity reduction target to 32% in 2025 based on 2005 levels, (ii) achieve a 35% share of renewable energy in the ASEAN installed power capacity by 2025.
Launch of 6th ASEAN Energy Outlook (AEO6): outlines the various scenarios and pathways towards achieving the region’s energy goals.
Joint Statement by Lao PDR, Thailand, Malaysia and Singapore on the Lao PDR-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP). The four countries announced their commitment to initiate up to 100MW of cross-border power trade from Lao PDR to Singapore via Thailand and Malaysia using existing interconnections from 2022 to 2023 under the LTMS-PIP.
Pursuit a common gas market for ASEAN by enhancing the connectivity and accessibility of gas and liquefied natural gas (LNG). Increasing LNG bunkering infrastructure and the growing demand for LNG bunkering in the ASEAN region could potentially reach 3-5 million metric tons per annum by 2030.
2020 ASEAN Energy Awards: The Ministers congratulated the 87 awardees of the ASEAN Energy Awards 2020 recognised for best practices in energy efficiency and conservation and renewable energy and excellence in energy management.