Browsing: Grid

Southeast Asia’s ambition to create an interconnected electricity market remains constrained by a missing regional framework for cross border power trade, according to Sarawak Premier Tan Sri Abang Johari Tun Openg. Despite years of discussion around the ASEAN Power Grid, member states have yet to establish a common implementation mechanism that defines how electricity interconnections should operate across national borders.

The world is on track to invest $3.4 trillion in energy in 2026, yet the most significant shift is not the scale of spending but where the money is flowing. Electricity infrastructure, renewables, nuclear power, storage, and efficiency are attracting nearly twice as much investment as fossil fuels, reflecting how a second major energy crisis within five years is reshaping global perceptions of energy security.