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COVID-19 vs ASEAN Energy Sector: Electricity (Q2)

23 July 2020

Iqlima Fuqoha and Muhammad Rizki KresnawanThursday, 23 July 2020

Key Points

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.