PROJECT NAME

Development of Regional Renewable Energy Certificate (REC) Framework to Advance Renewable Energy Deployment in ASEAN, Emphasising the Role of ASEAN Power Grid

POST TITLE

Technical expert on ASEAN Renewable Energy Certificate (REC)

BACKGROUND

The ASEAN Centre for Energy (ACE) is an intergovernmental organisation that independently represents the 10 ASEAN Member States (AMS) interests in the energy sector. The Centre serves as a catalyst for the economic growth and integration of the ASEAN region by initiating and facilitating multilateral collaborations and collective energy activities. It is guided by a Governing Council composed of Senior Officials on Energy from each AMS and a representative from the ASEAN Secretariat as an ex-officio member. The ACE office is based in Jakarta, hosted by Indonesia’s Ministry of Energy and Mineral Resources.

As part of the efforts to fulfil its function as a regional centre of excellence that builds a coherent, coordinated, focused and robust energy policy agenda and strategy for ASEAN, ACE conducts joint studies, policy dialogues and capacity buildings for AMS to support the implementation of the ASEAN Plan of Action for Energy Cooperation (APAEC) 2016-2025. APAEC is the blueprint for enhancing energy connectivity and market integration in ASEAN to achieve energy security, accessibility, affordability, and sustainability for all AMS.

Concerning the above and alignment with the ASEAN Plan of Action for Energy Cooperation (APAEC) to increase renewable energy deployment in the region, ACE will conduct the development of a technical framework for a cross-border renewable energy certificate (REC) system in ASEAN. Supported by the World Bank, this assessment will address issues on renewable energy development by identifying opportunities associated with the movement of REC from cross-border green electricity trade in driving clean energy projects and helping to meet the regional renewable energy (RE) targets.

The study aims to develop a regional REC framework at ASEAN that highlights the ASEAN Member States’ (AMS) commitment to standardised cross-border REC transactions and demonstrates alignment with international leading practices. By drawing insights from global best practices and an in-depth assessment of the region’s status quo of REC practices, the regional framework will establish harmonised rules for cross-border REC issuance, trade, and tracking across ASEAN─ while also addressing the unique country-specific circumstances of each REC and power market in the region.

DURATION OF ENGAGEMENT

The consultant hired with the assignment will be hired up to 30 months from July 2025 until December 2027, obliged to work within the required deadlines, and available for calls or meetings, virtually and in person, as needed.

The consultant will undertake this project for a period in line with Table 1 of clause VI, which can be continuous or intermittent due to further discussion between ACE and the consultant.

TASK TO BE UNDERTAKEN

The consultant will assist ACE in developing the report on the technical framework for the cross border Renewable Energy Certificate (REC) trading in ASEAN. The structure of the end report is indicated in Annex A. The final content is subject to change based on the discussion and agreement between ACE and the consultant.

The objective of the assignment is to assess:

1. Existing green electricity attribute tracking and certification systems of 10 (ten) AMS to identify common principles, best practices, and gaps with the global best practices.
2. The ways in which REC contributes to renewable energy (RE) financing and bankability. Including considering the relevant policies and incentive mechanisms that influence REC-driven financing in the context of ASEAN Power Grid (APG) planned interconnections.
3. Opportunities and benefits for AMS from engaging in the cross-border RE electricity trade with bundled RECs.
4. The detailed functions, requirements, mechanisms, key roles and tasks, workplan, source of financial stream, and structure of a convening dialogue platform for ASEAN REC stakeholders within the national and regional energy regulatory framework as a precursor to establishing the ASEAN REC Taskforce.
5. The importance and benefits associated with developing the ASEAN REC Taskforce.
6. The required technical and regulatory mechanisms to track physical cross-border clean electricity flows. Including analysing the credible monitoring system to track clean electricity exports and imports.
7. Approaches to align and harmonise technical enabling requirements for ASEAN cross-border RE electricity trade, including but not limited to the regionally contextualised adoption of existing residual mix calculation methodology.
8. Coordination of REC-related data protocols and long-term data governance and information sharing across AMS.
9. The consolidation of technical enabling requirements, REC contribution to RE financing (including in the context of APG), as well as the ASEAN REC Taskforce structure, functions, and workplan, into a regional framework that enables the recognition of cross-border REC trade within APG.

The scope of the assignment for the technical experts are:

1. Collect relevant data, analysis, and references to build the analysis.
2. Structure the reports as a reference for multiple stakeholders, including areas in policy, financing and technologies.
3. Together with ACE to prepare the concept note and guiding questions for discussion, presentation and summary for knowledge-sharing/focus group discussions (FGD).
4. Prepare the meeting report of the activities.
5. Develop the final framework based on the conducted studies as well as insights gained from meetings. The technical expert is also required to ensure the synchronicities of the final report flow, with the conducted studies.

REQUEST FOR EXPRESSIONS OF INTEREST (CONSULTING SERVICES – FIRMS SELECTION) INDONESIA

Clean Energy and Power Trade Development in Southeast Asia Project of the Multi-Phase Programmatic Approach Accelerating Sustainable Energy Transition (MPA ASET) 

Project/Grant No: P181555 / IDA -E3430

Technical experts for the Development of Regional Renewable Energy Certificate (REC) Framework to Advance Renewable Energy Deployment in ASEAN, Emphasizing the Role of ASEAN Power Grid (ID-ACE-493578-CS-CQS)

1. The ASEAN Centre for Energy has received financing from the World Bank toward the cost of the Clean Energy and Power Trade Development in Southeast Asia Project of theMulti-Phase Programmatic Approach Accelerating Sustainable Energy Transition/MPA ASET (P181555) and intends to apply part of the proceeds for the Development of Regional Renewable Energy Certificate (REC) Framework to Advance Renewable Energy Deployment in ASEAN, Emphasizing the Role of ASEAN Power Grid.
2. The consulting services (“the Services”) include Team of experts for the Development of Regional Renewable Energy Certificate (REC) Framework to Advance Renewable Energy Deployment in ASEAN, Emphasizing the Role of ASEAN Power Grid. The objective of this consulting service is to develop a regional REC framework at ASEAN that highlights the ASEAN Member States’ (AMS) commitment to standardized cross-border REC transactions and demonstrates alignment with international leading practices
3. The ACE- MPA ASET now invites eligible institutions/consulting firms (“Consultants”) to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services.
4. The ASEAN Centre for Energy now invites eligible consulting firms (“Consultants”) to indicate their interest in providing the Services. Interested Consultantsshould provide information demonstrating that they have the required qualifications and relevant experience to perform the Services. The shortlisting criteria are:
   1. The firm shall demonstrate proven records of delivery for similar tasks/products delivered in the ASEAN region over the most recent five years.
   2. The firm is expected to mobilize a multidisciplinary team with the appropriate qualifications and experience to carry out the assignment effectively. The proposed key experts shall, at a minimum, include the: Team Leader/Project Manager, 1 Subject Matter Expert related to a regional REC governance body, 1 REC market expert with experience in analyzing multiple ASEAN country markets, and1 (one) ASEAN renewable energy regulation and policy analyst.
   3. The firm needs to demonstrate the competency as mentieond in the accompanying Terms of Reference (TOR)

Key Experts will not be evaluated at the shortlisting stage. The works are expected to be fully remote with exception of in-person facilitation role during the workshop arrangements as indicated in the TOR

5. The approximate duration of the contract will be 30 months from the date of the contract signing. This timeline is an estimate and may be subject to adjustment.

6. The detailed TOR for the assignment is attached to this Request for Expression of Interestor can be found at the following website: Procurement – ASEAN Centre for Energy
7. The attention of interested Consultants is drawn to Section III, paragraphs, 3.14, 3.16, and 3.17 of the World Bank’s “Procurement Regulations for IPF Borrowers” July 2016, revised in sixth edition dated February 2025 (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest.
8. Consultants may associate with other firms to enhance their qualificationsbut should indicate clearly whether the association is in the form of a joint venture and/or a sub-consultancy. In the case of a joint venture, all the partners in the joint venture shall be jointly and severally liable for the entire contract, if selected.
9. The institution/consulting firm will be selected in accordance with the Consultant Qualification Selection (CQS) method set out in the Procurement Regulations under Investment Project Financing (IPF) dated July 1, 2016, revised February 2025 (6^thEdition).
10. Expressions of interest must be delivered in a written form to the address below (by e-mail) by 25 June 2025, 23:59 (GMT+7) to:
    ASEAN CENTRE FOR ENERGY
    Attn: Procurement Specialist
    E-mail: [email protected]

11. The Procuring Entity (PE) reserves the right to accept or reject any or all EOIs without assigning any reason whatsoever. All decisions by the PE are final.