Policy Brief for ASEAN Power Utilities and Stakeholders: The Value of Data Sharing and Transparency in Driving Multilateral Power Trading under the ASEAN Power Grid
21 June 2024
Highlights
Experience has shown that data sharing is one of the key enabling factors for successful cross-border power trading (and for initiating future multilateral power trading).
Key Recommendations:
Map and identify the gaps in the current practice of data sharing under the existing cross-border trading or multipower trading (MPT), and establish a stepwise data-sharing framework for ASEAN
Develop clear guidelines and standards for data sharing in the pursuit of expanding MPT
Establish a data-sharing framework implement it as a practice and adapt it as the MPT evolves. A piloting exercise would be beneficial to shape the framework and guidelines which will evolve depending on the needs and stages of MPT.
Increase stakeholders’ (i.e. the developing partners’ and international donors’) awareness of the investment opportunities arising from supporting the development of the data-sharing infrastructure, in both technical and financial aspects.