SIEW 2014: Joint Statement of the Lao PDR, Thailand, Malaysia and Singapore Power Integration Project (LTMS PIP)

by User Not Found Sep 23, 2014, 12:11 PM

The Ministry of Energy and Mines of the Lao People’s Democratic Republic, Ministry of Energy of the Kingdom of Thailand, Ministry of Energy, Green Technology and Water of Malaysia, and Ministry of Trade and Industry of the Republic of Singapore agreed today on a pilot project entitled “Lao PDR, Thailand, Malaysia, Singapore (LTMS) Power Integration Project (PIP)” to study cross border power trade from Lao PDR to Singapore...

1. The Ministry of Energy and Mines of the Lao People’s Democratic Republic, Ministry of Energy of the Kingdom of Thailand, Ministry of Energy, Green Technology and Water of Malaysia, and Ministry of Trade and Industry of the Republic of Singapore agreed today on a pilot project entitled “Lao PDR, Thailand, Malaysia, Singapore (LTMS) Power Integration Project (PIP)” to study cross border power trade from Lao PDR to Singapore.

2. Launched during Lao PDR’s chairmanship of the ASEAN energy track, this pilot project will serve as a pathfinder to complement existing efforts towards realizing the ASEAN Power Grid (APG) and the ASEAN Economic Community (AEC), by creating opportunities for electricity trading beyond neighboring borders. This initiative will contribute towards energy security by strengthening the power integration network and enhancing the economic prosperity of the region. The project is also expected to help identify and resolve issues affecting cross – border electricity trading in ASEAN.

3. As a first step, the four countries will set up the LTMS PIP Working Group to study the technical viability of cross border power trade of up to 100 MW from Lao PDR to Singapore through existing interconnections. The working group is also expected to examine policy, regulatory, legal and commercial issues relating to cross border electricity trading.

4. The completion of the pilot study is envisaged to illustrate the feasibility of cross border electricity trade among all four countries of Lao PDR, Thailand, Malaysia and Singapore.