The ASAC Business Forum convened stakeholders to accelerate Asia's decarbonization and sustainability efforts by translating ambitious net-zero goals into tangible projects and actionable solutions, focusing on collaboration between public and private sectors.
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A very good morning to our distinguished
guests, partners of the ASAC Business
Forum, stakeholders, ladies and
gentlemen, Konichiwa, Sawadi, or as we
say in Malaysia and Indonesia, Salamat
Sajatra, or may you be well to all of
you here with us this morning. I'm Sheni
Imani and on behalf of our organizers,
it is my honor to welcome all of you to
the Azac Business Forum, a vital
platform advancing collaboration towards
a decarbonized and sustainable Asia.
This morning's session focuses on how
both the public and private sectors can
turn ambition into action, exploring
pathways such as zero emission thermal
power, sustainable fuels, and transition
finance. Building on the momentum from
the second ASAC ministerial meeting held
in Jakarta last year, this forum
continues the conversation, translating
ASAC's shared vision into real projects,
tangible partnerships, and actionable
solutions. Over the next few hours,
we'll hear the latest developments,
examine challenges, and look ahead to
the innovations driving our region
towards a net zero future, one that
balances climate action, economic
growth, and energy security. To kick
things off for our session, let's start
with the first of our three opening
remarks this morning. For that,
representing the advocacy group of ASAC,
please allow me to invite Mr. Mr. Kabori
Hideki, vice chair of the Japan Business
Federation, Kadan Ren and chairman and
director of Asahi Cas Corporation. Over
Uh, thank you very much introduction.
Uh, good morning everyone.
So I am addressing you today on behalf
of a Japanese business community.
I am delight I'm delighted to see so
many representative of government uh key
agency and business community here today
at the Azek business forum uh from both
the Asian countries and beyond.
uh Azek has aimed for a triple
breakthrough by stimul stimultaneously
uh achieving uh decarbonization,
economic growth and energy security in
Asia through debas pathway.
Now energy security is a growing in
importance worldwide. geometical risk uh
worldwide as the geometical risks increase
increase
uh the Russia invasion of Ukraine
and so risk
uh the EU which before took a one size
fit all approach to decarbonization
is starting to adopt an more pragmatic approach
approach
it critical execute uh uh sorry so it
now seeks to uh uh deci de uh deconizing
self s self s self s self s self s self
s selfizing
gain in industrial uh comp competitiveness
competitiveness competitiveness
competitiveness
uh this demonstrate that need to uh
pursue diverse pathways uh is coming to
better understand around the
uh ESIC significance is growing as a
The ESIC initiative has made steady progress
progress
action plan for the next decade was
adopted at the second editor's meeting
in October last year.
uh agreement with the with the uh first
a project has also been concluded.
Uh also the idea of estab establishment
establishing an Asian empowered grid is
gaining momentum.
We hope that the step will be taken to
make it happen while tapping private
sector technology through public private partnerships.
partnerships.
The Japanese business community continue
to have a high expectation for ESICH.
We appreciate that the Azek initiative
have made headway. However, progress
have been have been slow.
Uh Kedarin therefore released a second
set of recommendation
last months to follow follow up on the
last year's
uh we uh we did so in the brief that
it's a critical to execute
uh individ individual decodination
project quickly. Let me briefly share
these recommendations with you.
First uh the coordination project and
wide policy uh coordination need to be
trusted as the two complimentary approaches
approaches
with regards to a policy issue that
relate uh specifically to today's agenda.
agenda.
The issue of a unifying standard and
certification system is of a
considerable interest to Japanese companies
companies
especially uh vehicle bofuels are an
immediate way to reduce CO2 emission
since they can be used even in motor vehicles.
vehicles.
We encourage Ezek partnered government
to take swift action to design and
develop systems of the pro uh uh pro
promoting their wider use.
Uh further financing is essential to
executing individual project.
Predict capability of return on the
investment is the one concern when it
come to transion financing.
Uh project project eligible for support
therefore need to be clearly identified.
We are also calling for the
establishment of a mechanism enable
organic strategy use of funding from the
Japanese government international bies
and public private financial institutions.
institutions.
Uh finally I would like to say that the
government and the private sector must
work together if carbon neutrality is to
be achieved.
May today's the business forum be a
opportunity to accelerate accelerate
effort to implement the ESC initiative.
Thank you very much.
>> Thank you Mr. Kabori. It is thanks to
community partners like Kanren that ASAC
can continue to thrive and make
Ladies and gentlemen, in the leadup to
today's forum, a pitch event for startup
companies called ASEAN Sparks was held
in this venue just yesterday. And later
today, there will be another event
taking place, a collaboration between
Japan and ASEAN called Safia or the
Clean Energy Future Initiative for
ASEAN. Both of these events are
significant for industrial development,
energy conservation, and decarbonization
within the ASEAN region, and they align
closely with the objectives of this ASAC
business forum. With that in mind, let's
take the opportunity to hear from the
ASEAN Center for Energy or ACE, the
organizer of both these events
representing ACE. Ladies and gentlemen,
please welcome on stage Yamabah Razip
Daw, executive director of the ASEAN
>> Thank you, Madame MC.
Asalam alaikum
salamatra.
Um excellencies,
distinguished delegates, ladies and gentlemen,
gentlemen,
um it is my great pleasure to welcome
you all to this ASEAN zero emission
community of Azac business forum. So the
forum marks an important role for our
region to work together for a common and
shared prosperity.
So this year 2025 under Malaysian's
chairmanship of ASEAN.
So the AMS or energy
meeting of energy minister meeting have
adopted the team of powering Azan
bridging boundaries and building
prosperity. So this team reflects our
collective commitment for more energy
cooperations towards prosperity to
ensure that our economic growth remains
dynamic, innovative and people centered.
So this is the broad vision that's not
only being a key features
of the Asan energy business forum but
also the discussion at the official
municipal agenda on the same uh level
this venue. So this is a strong
collective theme on how ASEAN can move
toward together
as a group towards a shared energy
security and transition. AEAN have also
endorsed the new business plan or the
new blueprint what we call AEAN plan of
action for energy cooperation or well
known as Apike for the next five years
starting 2026 to 2030 and another
important uh road map AEAN renewable
energy long-term road map
with others annual priorities
So this moment marks a new chapter for
the AEAN energy cooperation. Building
from the AEAN community vision 2045,
our energy corporation shall provide a
just, secured and people centered growth
for all. Excellencies, ladies and
gentlemen, it is my hope that today's
forum can amplify this theme and message
from the Assean Energy Corporation to
broader community. We commend the close
dialogue uh partnership with Japan
including through many other joint activities.
activities.
It is only through this type of uh
cooperation that we can move forward
together as a region for our dreams and vision.
vision.
It is my also hope that our cooperation
platform in the Aminim plus three and
seafia and aan sparks and others can
continue to strengthen our dialogue partnership.
partnership.
With that I warmly invite all of you. We
still have another day today to join the
business forum but asan energies
business forum which is held
this year. I think with that note again
salam thank you Razib and we look
forward to more great initiatives from
ACE like and its collaborators as well
like ASEAN Sparks and Sofhia as we move
ahead towards net zero goals.
And last but not least, ladies and
gentlemen, let's also hear from the
Ministry of Economy, Trade, and Industry
of Japan, a vital partner of the ASAC
Business Forum. For that, let's invite
on stage, Mr. Kimura Nhiro, the
ministry's senior negotiator for the
climate change and global environmental
Good morning. uh excellency uh
distinguished delegates and uh ladies
and gentlemen uh my name is Norhiro
Kimura uh senior negotiator for climate
change GX policy group at ministry of
economic trade and industry of Japan I'm
honored to be here uh making open
opening speech on behalf of METI
thank you very much for joining us today
for the joint opening of three important
events such as Asan sparks a business
forum and the ACIA government private
forum held in conjunction with the ASC
minister meeting.
I believe Mr. uh Kobi Hideki, vice chair
of Kadan and chairman director of Asakas
Corporation as well as Mr. Dato Lazib
Dawud exe director of Assean Center for
Energy have already outlined the
objectives and key points of each event.
What I would like to uh emphasize here
is that these three events are just not
not just being held in parallel rather
these three events are working together
in an organically linked manner in order
to achieve energy transition towards
carbon neutrality which is a common
challenge for Japan as the partner countries.
countries.
The fight against climate change we are
facing right now is no longer something
that can be addressed by any one country
alone. Nor can it be solved by single
technology or sector.
For example,
in the case of bofuel, Asan countries
have huge potential of production while
Japan can offer technologies for
utilization of bofuel.
Crosscutting collaboration across
innovation, investment, institutional
frameworks and international cooperation
is now imperative.
In fact, these three events are serving
as a platform to achieve this kind of collaboration.
collaboration.
At Asan Sparks held yesterday, 20
outstanding startup andmemes
engaging decarbonization and clean
energy technologies presented their solutions.
solutions.
As a result, promising eight companies
were selected. as a future driving force
forces towards the decarbonization.
As many women led startups participate
in this event, we look forward to the
emergence of new solutions from such
diverse innovators.
Right after this opening, the ASIC
business forum will take place aiming
for discussing the potential and
challenges of decarbonization business
in the region.
broadening investment opportunities and
cross business collaboration.
Through this dialogue among private
sectors, international organization and
governments, we expect new partnership
will be developed accelerating the
energy transition across the entire region.
region.
The SEPHIA government private forum will
be held this afternoon serving as a
platform to support and advance these
initiatives through public private
partnership from business institutional
and policy aspects.
Meti and ACE are actively engaged in
promoting the smooth introductions of
decarbonization technologies by private
companies through capacity building
seminars and information sharing.
These efforts are currently beginning to realize
realize
concrete demonstration project.
The joint statement issued at Azek
ministerial and the leaders meetings in
the past two years have repeatedly
emphasized the importance of pursuing
various and practical transitions in
line with each country's national circumstances
circumstances
within the AG region. We share the views
that it is important to achieve these
transitions in a manner compatible with
economic growth and to utilize various
energy sources and technologies.
While these three events take different
approaches and activities,
each of them is a steady and practical
initiative aiming for securing various
pathways towards energy transition. In
this context,
I believe the strength strength of these
three events lies in the fact that they
bring together a wide range of stakeholders,
stakeholders,
governments, international organization,
startups and large corporations
working across boundary.
This kind of collaboration is our key
advantage and the value all of the
participants here can offer to the world.
world.
The outcome of these events will be
shared during the ASC ministerial
meeting this afternoon and be reflected
in its joint statement.
We will continue to make best effort to
ensure that these public private initiatives
initiatives
further expand throughout the region and
ASEAN countries. Finally,
Finally,
please join us and enjoy the discussion
at the Azek Business Forum and the
Sephia government private forum
immediately following this opening event.
event.
We look forward to networking with you
all during lunch and other uh break time.
time.
Thank you so much for attention.
>> Thank you so much Mr. Kimura.
And thank you very much gentlemen, Mr.
Kabori, Yamabhagedato and Mr. Kimura.
It's heartening to note that ASAC is
leading the way for zero emissions
initiatives in this region proving that
no one country can go it alone and
dialogue, partnership and collaboration
are the way to go. With that we conclude
the opening session ladies and gentlemen
and now it's time to move into our forum.
For our first session, we will discuss
the ASEAN power grid, an important
initiative to enhance regional energy
connectivity and utilize renewable
resources more effectively. Although
each country's systems and regulations
differ, progress is being made through
several ongoing projects. Today, our
speakers from ASAC member countries and
the private sector will share updates,
challenges, and possible solutions to
further advance the ASEAN power grid.
I'm pleased to share that all our
sessions here today will be moderated by
economists from the economic research
institute for ASEAN and East Asia or
area to chair this first session. I'm
honored to welcome on stage Dr. Lean Fe
policy fellow area as our moderator as
well as our panelists. Over to you Dr. Lee.
>> Uh so good morning distinguished guests,
ladies and gentlemen. Um my name is M
Lee from Aria. So it's my great honor to
be here to moderate this uh very
important and interesting session uh on
asham power grid APG. Um and I think
this is a perfect uh timing and place
for us to uh talk about this topic. Um
because of this uh just announced uh
newou and also uh this is a perfect
place because it's in association with
uh AMM and uh uh EMM. So uh very uh
honored. We also today have uh several
experts from ACE from TMBB uh and Kai
Electric as well as uh ADB joining us.
They represent the think tank uh the uh
energy companies and also uh the
financial institutes. Uh so hopefully we
will today have a very fruitful
discussion. So without further ado uh
allow me to uh announce the beginning of
our session starting with uh
presentations from our panelist. Uh
please uh is please
>> thank you very much Dr. Yanfe. Um please
allow me to introduce myself. My name is
Nadila Shani. I'm the head of the power
generations and interconnections
department in ACE. And for today to open
the discussions uh I would like to give
some um context and updates as well on
what's the progress of the APG. So I
think you've heard all um these three
days uh about uh ASEAN power grid and
how we are um made a prog quite
significant progress uh uh although that
we have been um sh uh initiating this
since like two decades ago but I think
recently this past five years we've made
um quite a dynamic uh and momentum to
commencing and accelerating the
development of the APG. Um as you see in
the slide that uh currently uh under the
ASEAN cooperations uh on APG we've had
um listed like 18 crossber projects um
that is prioritized to push it in the
regions and there will be many more that
perhaps uh led by the bilateral
cooperations between the countries and
as of today we have like nine
interconnections in operations with with
um differentiations of like grid to grid
oper uh gridto grid interconnections
also generations to grid
interconnections and why this is
important is because like in the recent
Asan interconnections master plan study
that we conducted as the regional
planning of the regions we envisaged
that by having this much of
interconnections we could evacuate the
renewable energy sources um from the
different parts of the assean and then
we can optimize it to share the
renewable energy sources to be used
widely in the regions and I think this
will bring uh greater benefits um in
terms of um higher renewable energy
penetrations in the regions. Uh uh we
will need more stronger interconnections
between the power system to handle the
resiliency um uh of the uh grid itself
and it will um can reduce this um uh
cost as well uh in an saving and
generations capacity if we could
maximize the interconnections.
And this is uh the study that we are
doing as well um looking at the current
existing interconnections and how the
infrastructure could develop uh until um
2040 and basically we want to also um
see the pathway on how we can use the
existing and the future interconnections
to enable trade between countries as
well. So uh currently the existing most
of the existing interconnections that we
use under APG is for um uh not for
commercial purposes with some of this um
uh especially the generations to grid
for commercial purposes but mostly it's
for like uh uh resiliency and also the
um reliability of the interconnected
power system but as of we we are more
interconnected in the future we'll see
that this um infrastructure could also
be um the backbones uh to use um for us
to uh trade um between each other and
we've had the first um multilateral
power trade uh pilot uh under the Lao
Thailand Malaysia Singapore as a basis
and in how we want to develop further uh
from crossber bilateral interconnections
to multilateral um power trade learning
from the lessons from the first um LTM MS
MS
and then um I just want to highlight as
well perhaps we'll discuss more in the
panel um in um developing this
infrastructure and also market
development in Assean there will be um
several challenges um like policy and
regulatory institution uh institution uh
institutional um challenges technical
and also financial um and its
implementations. I think this is um
where we are under the uh uh regional
cooperations framework to facilitate to
solve um um and help address some of
these challenges because this is
something that perhaps uh not can be
solved uh uh under the bilateral
cooperations itself. For example, um
you've hear from yesterday that uh ASEAN
uh as a group managed to finish the new APGMOU.
APGMOU.
Uh this enhanced APGMOU is this uh will
serve as the intergovernmental agreement
between all the ASEAN member states on
how we develop the APG. So this is one
of the enablers on how we are moving
forward in terms of um developing the
APG infrastructure and initiate the
development of the markets um in the
Asan regions. And this um sort of like
um higher uh uh new enhanced MOU will
provide sort of like more clearer
institutional framework and governance
in the regional level. So hopefully that
this would help um the projects um
moving as well bilaterally and also uh
in the regional level there is uh some
technical and financial challenges that
needs to be solved as well that perhaps
we'll discuss more um in the panel. Um
thank you very much.
>> Yes, thank you um Miss Shani. Uh I think
that is a wonderful presentation giving
us the uh overall view on APG and its
related uh policy and institutional
developments. Next uh um let's uh zoom
in a little bit from company's point of
view. U allow me to uh invite TMB to
Salamatra a very good morning
distinguished guest, fellow delegates.
Uh thank you Dr. Lee for introducing uh
let me uh introduce uh myself. Uh my
name is uh Rahim Yusov. Uh I'm from
Tanaga National. Uh currently I'm in
charge of the heading uh department of
uh uh grid strategy. uh basically
uh crafting the policies as well as
strategy for future grid network in uh
peninsula Malaysia for Tanaga National.
Uh I will do quick introduction of the
company uh portfolio and so on. uh later
during the Q&A sessions uh I will go
into details uh what are our priorities
in terms of promoting the ashan power
grid in for the Malaysia perspective.
Okay. Uh okay. Tanaga National is the
largest utility company in Malaysia. Uh
we hold about uh 48% of the domestic
generation capacity. Uh our green
network span from north to south. uh
it's about uh transmission length is
about 30,000 30 29,000 kilometers of
transmissions sub station session 543
uh currently our performance for the
grid system minute is 0.0019 0019.
Uh for the last uh 8 years we have been
uh the performance for the grid network
is below 2 minute. Yeah. Uh and then for
our distribution network uh is about uh
the length of the network is about 738
uh kilometer uh 1,000 kilometer about
99,000 substations with the performance
of SID is about 47 uh minute and our
customer is about 10.4 4 millions and
currently our customer satisfaction
index position at 87 uh%. We also have
our uh just to elaborate further uh we
have our subsidiary uh SAI electricity
on the east of Malaysia. Uh
on the group portfolio uh current uh
gross capacity is about 21 gig uh with
domestic about 17 gig uh international
about 3.2 2 uh just for mention our
network for Tanaga National span uh
across uh country is 500 KV is the
highest voltage. The lowest voltage is
132. So we have 500 275 KV running at a
50 Hz uh frequency. Uh we also several
main subsidiaries there. Uh we have a
manufacturing uh subsidiaries as well as
providing uh consultancy to various
go next. Uh
on the international uh platform uh
level uh we also invest quite a
significant use of investment. Uh for
example in 2021 we have established
disadvantage area in United Kingdom. Uh
we have onshore wind about 124 megawatt.
Uh also we have offshore winds about 41
megawatt total about uh solar is 276
megawatt in United Kingdom. In 2016, we
also invest in Turkey, GMA
uh through our uh subsidiary uh as well
as uh REMA is one of the our biggest
subsidiary that expand mainly focusing
on the Middle East uh utility
uh as well as uh the others. Recently we
also uh in the plan of going one uh
solar plant uh acquisition in Australia.
So this is all this international uh
division uh also
looking into increasing our portfolio in
re development not only in Malaysia but
also focusing uh rest of the uh area in
the in this region as well is in Australia
Australia
uh and other country as well. With that
uh I end for my introduction. Uh later
during the QA I will show into detail uh
on the TMBB perspective of the AEAN
power grid. Thank you very much. Thank you.
you.
>> Thank you Mr. Rahim. Um I think uh
utility companies like uh TMBB certainly
have uh expertise uh and capacity. So
look forward to seeing more leadership
uh from uh TMBB in the specific uh APG
projects in future. Um next uh maybe we
can uh look beyond Ashan uh for the time
being let's uh invite Kansai electric to
share with us their expertise and
experience please Kai.
>> Thank you Dr. Lee. Uh good morning
everyone. My name is Sego Yagi uh from
Kai Power in Japan. Uh I'm head of the
project development the global ex
division. I'm uh the exploring the new
investment opportunity globally. So I'd
like to uh introduce briefly my company
and also what can I want to do in uh
This is our history. We established it
more than 70 years ago. that we are
becoming the one of the largest UT
companies in Japan with a track record
of innovation and leadership in the
power industry.
We I'd like to uh highlight about the
power grid business. uh in we in 2000 we
deployed Anan Kihok direct current
mainline 200 KV uh transmission line
project in Japan and also that in 2018
we joined the Noi connect UK Germany 500
KV interconnector project. This is under construction
now that we have the zerocarbon uh the
vision 2050 to achieve the zerocarbon
society in the future. So that we
believe the power grid system the stable
and reliable is quite important for the
This is our the the key figures but uh
I'd like to skip the in detail but uh
please note that the transmission
distribution business was unbundled in
Japan under the regulatory regime but
now that we are working together with
TND company uh in the international business
here is our the global portfolio. We are
not the doing the business in Japan but
also the expanding our business in uh
Asia, Europe and the United States. In
power grid business we deploy the UK and
Germany the interconnect project but
also that we uh are very uh keen to
involved in the such business in Asan countries.
Uh this is the case of the NOI connect
UK Germany interconnector project.
First HVDC interconnector project uh
between UK and Germany to contribute the
enhancing the utilization of renewable
energy resources and uh reducing CO2
emissions which already the uh the
previous presenters mentioned.
This is uh good structured uh with the
project finance uh strong support by the
JBIC uh because the there is a stable
revenue schemes in both the UK and
Germany that such the government is
quite supportive for the this project.
This is a DC 500 KV and 1.4 gawatt uh
gawatt capacity. The length is uh about
720 kilometers.
Now the revenue scheme in UK the capan
floor and also the Germany uh provide a
cost plus fee uh leg uh revenue scheme.
So that this is a quite important for us
to join this project as a uh business aspect.
We can have a uh strong confidence to
contribute the this kind of the HVDC
project from the physibility study
phases and development construction and
the final operation phases. So we have
to uh we would like to commit the
business plan modeling technical design
on the modeling and uh main suppliers
contract and also the finance agreement
all aspects we would like to uh bring
the our experience uh to the this project.
project.
Final one is uh our the recent
activities in Indonesia backed Azek
initi in initiatives.
The under the EIC in initiatives the
Indonesia grid working group has
established in since 2022.
Now the Indonesian government PLN and
KAI entered into the MOU to expertise
these activities in Indonesia.
The Japanese government and also the
Indonesian government's EQUIN have
jointly held the expert group meeting
recently uh to address the several
challenges uh including transmission
line project uh under the GDG G scheme.
So cancer is leading these kind of
activities in Indonesia. So I'm would
like to uh expand further our
contribution to the Asian countries.
That's all. Thank you.
Thank you Mr. Yagi. I think your
presentation is um reminder to us uh not
only the importance of uh technologies
uh from within or from beyond the region
uh could be key enablers and also uh
ASAC uh as an initiative regional
initiative may play very important role.
So uh last but not least, let's move on
to ADB. Uh very importantly, how are we
going to finance all this? Please.
>> Thank you. Um and thank you. Um I'd like
to thank uh the um ASCA organizer for
bringing in the um organizing this panel
um with the research institute to
utility to the um and developers and the
financing. This is a great um um set of
uh people here in the panel. Um my name
is Ku Mitsahashi. I'm the energy
director at the uh Asian Development
Bank. I'm very happy to be here. Um I'd
like to cover um bit of the challenges
that there is especially on the
financing side um and the initiative uh
and explain that the APG financing
initiatives and its objective and also
the solutions um to uh including the
diverse financing solutions that can um
and how coordination will will help and
because it's a short presentation I'll
prepare the script and then go through
the script uh together with the slides. today.
today.
So the ASEAN power grid is a
transformative initiative that's is
center central to the achieving a more
resilient and sustainable energy future
for ASEAN. As I highlighted yesterday at
the uh joint preliminary opening, the
APG is vital for promoting economic
integration, growth, energy security and
energy transition across the region.
Momentum is building behind the APG with
increasing interconnections
preparation for subc cable projects and
national grid strengthening effort.
The SM ministers underscores that these
uh developments are not just technical
upgrades. They are strategic moves to
ensure long-term prosperity and
The delivering the APG vision requires
concerted action to overcome a range of
challenges. Financing remains a critical
hurdle. Uh several her several hurdles
um and constraints have been identified.
Large funding needs for project
developments in preparation especially
for complex subcable projects.
Coordination challenges that can lead to
ineffic ineffective allocation and
sequencing of support.
Gaps in basic project data which
essential for sound physibility judgment.
judgment.
The need for sustained support from a
say member states to attract
development partners and financiers.
To address these financing supports
should maximize regional opportunities,
mobilize large-scale financing for both
project and provide an inclusive
flexible approaches uh for utilities and sponsors.
sponsors.
Generating data and evidence of uh APG
project benefits uh is uh also crucial
ADB and the World Bank are partnering
with ASEAN to deliver the ASEAN power
financing initiative APGF
with um ASEAN's vision. The APGF aims to
bring together solutions and partners to
enable end-to-end financing for APG
project. Key objectives include
developing a robust pipeline of APG
related projects, mobilizing additional
capital and increasing access to
sustainable finance by demonstrating the
contribution of the APG project to
regional integration, resilience and decarbonization.
decarbonization.
providing technical assistance to
translate project needs into information
suitable for funders and investors.
Convening the APG financing ecosystem
around the project specific requirements
and aligning different forms of support
behind spec specific project needs. The
APGF working group is established
together with World Bank as in center
for energy and as in secretariat to lead
the financing agenda and then ensure
timely delivery of assistance requests.
The partner for assean connectivity on
energy uh or pace will enhance
collaboration align activities and
surface common issues for certain activi visibility.
Finally, the APGF will mobilize diverse
financing uh solutions by improving
coordination and information flows. A
range of financing options is a
available across the project cycle from
feasibility to capex stage including
grants for studies and investments often
attached to loans. Loans for both public
and private sector projects with
flexible structure and extended teners.
Equity investment and blended financing
to low cost or absorbed risks.
de-risisking instruments such as partial
risk and the credit risk credit guarantee
guarantee
uh forex hedging and liquidity facilities
facilities
by facilitating access to project
preparation and financing support accel
accelerating project progress and
mobilizing additional financing and
d-risking support. APGF aims to unlock
the full potential of SEM power grid.
In summary, the SMAG grid is a
cornerstone for regional integration and
energy transition. Overcoming financing
and coordination challenges through the
APGF and its collaborative appro
approach uh will be key to realizing the
vision and delivering sustainable
resilience energy for Thank you.
>> Thank you Mr. Kru for uh elaborating on
how financing uh could be a key enabler
and uh we certainly look forward to more
APG projects uh to be enabled and
reaching FID with the help of uh ADB and
your partners. Um but uh as we all also
have seen from all these uh
presentations uh financing of course is
not the uh only uh sort of uh challengy
and also um enabler that we will uh have
to take care of. So we have more uh
issues to discuss. Therefore, uh allow
me to take the advantage of being a
moderator here because uh area has also
been uh developing uh almost a decade of
uh research on APG. So allow me to take
the lead to raise uh several I think uh
essential questions about APG to our
I would like to I would like to begin uh
with uh Shani from ACE. Um so you have
mentioned about this uh enhanced MOU and
uh we uh also very much look forward to
this exciting development. So could you
help us um u shed some light uh on the
most important differences that this one
will make? Yeah.
>> Yes. Um thank you Dr. Yanfe. So just uh
uh previous history the uh the first
APGOU that ASEAN had was in 2007 and in
uh the the content of the MOU is
basically providing the uh focus area of
cooperations under the APG and during
that time theou is focusing on how uh
it's uh to build a a regional study how
we as a um asan regions could um uh uh
implement the AP PG and the the focus uh
under the MOU is explorations mode. So
it includes like uh cooperations in
developing studies and etc. uh not so
much focusing on like how to drive the
uh or facilitate the bilateral
cooperations for the APG. the
differences and why it's now uh called
enhanceou because I think there is a
reaffirmations of the commitment from
the asan member states that translates
to uh we want to move from studies to
more like uh making a framework for
implementations. So this translates to
the points in the MOU that in order to
move this APG projects uh and faster to
uh accelerate the development we need to
address the several uh points as a
regions together. First is the
institutional capacity or uh
arrangement. So this means that
currently we have uh the uh APG related
bodies like APGCC, hapua and earn which
is a platform for different stakeholders
to convene. at how B basically these
three bodies could actually contribute
in um making a framework to develop the
um APG in in the implementation as a
projects that's the first the second is
also technical challenges uh so enhance
the regional planning that we have and
also the financing um challenges as well
so I think one of the concrete one is
the uh establishment of the APGF that's perhaps
perhaps
to the uh visions that the asan that
this thisou will focus on moving from
the study into implementations.
>> Thank you Charnie for sharing your
insights. I think this is a very
exciting uh momentum and um many more uh
facilitation tools are coming on the
stage to help accelerate APG. Yeah. So
it's very exciting. Uh next uh uh I
would like to turn to Mr. Rahim um from
TMBB's point of view. So uh Malaysia is
already engaged in the uh APG projects.
So what are the uh current challenges
associated with these projects? Uh maybe
you can share with us more details and
insights. Yeah,
>> thank you uh Dr. um before uh deep dive
into all the challenges that we are
facing now as well as in the future, let
me give you a very brief uh recap on
what we having now in Malaysia. uh
currently uh for Peninsula Malaysia
especially for TMBB we are focusing on
the around five interconnection that we
are going to build although in the
screen you saw uh you can see sevens uh
but we are focusing on the first five
first step okay I start with the uh you
see uh in the a study uh in the as three
study uh they have identified for Assean
region under APG into a three category
region we call it uh if I'm not mistaken
north, south and west something like
that. Yeah. Okay. Yeah. So as we all
know for the north uh
region under Assan APG we can see that
uh they got huge substantial significant
hydro in the greater me sub region. Yeah
around 229 gawatt. This is quite huge re
there. So imagine that uh we can deliver
this clean energy throughout all these
Assean country. So for this part of the
story that's that that's why uh Malaysia
uh especially for TMBB uh has positioned
itself to facilitate and enable all this
clean energy to be distributed and then
we can go for uh sales or something like
that for the rest of the country. Okay.
for Malaysia perspective. Uh the first
interconnection that uh currently we uh
we have in Thailand and EGAT and Tanaga
National Bahad. Uh we have uh currently
we have HBDC
uh 300 megawatt. Uh soon it's going to
be retired in 2029.
Yeah. Uh we have done the 50 study to
upgrade the current uh HBDC.
uh you may go for uh upgrading for 10,00
gig also 1,00 megawatt or your one gig
uh HPDC between EGT and TMBB
uh FS we have more or less completed uh
we just uh reaching for our counterpart
in Thailand just to have uh further
detail so we can go further with this
project uh and the good things that uh
as you all know TMBB is under regulated
business. Uh we have a full support from
our energy commission to have this uh
connection to be further upgraded. Uh
the second link that I would like to
further detail is between the
interconnection between uh
Vietnam to uh
Malaysia. Uh
it's a wind power. uh wind as as you
know Vietnam got a lot of huge resources
in terms of our wind power. We target to
commission by 2034. Uh this one is we
working together with our
uh our national oil company Petronas
looking into this. Uh we have more or
less completed the pre prefs study. uh
now we are discussing with the of course
uh apart from the power to be used in
Malaysia as well as uh imported to
Singapore. Yeah. So now we are in the
final stage uh discussing with the MA as
well with the SAMCO and so forth. Okay.
Uh number three is Sraa interconnection.
We target to complete by 2036. All just
information all these connection are two
subc cables. Uh subc cables. uh the
first one the Vietnam site is about
almost 800 kilometer of subse
uh in fact yesterday I went to the site
the landing site uh at the Kotto near
the we call it Kandis uh is a beautiful
place yeah uh even uh based on study on
the seabed that earlier that from
different study I think it's quite
feasible to land there yeah uh so the
other one are looking for is a Sraawa
interconnection with about up to two gig
Sra you have a lot of hydro there uh
it's going to land from sadi in slawat
land in uh uh sidili we identify three
location in sideli there uh to further
decide uh which one is the best
locations uh that one will be connected
to our main grid later and up to 2 gig
hydro slawa have enormous potential of
hydro uh resource and then uh number
four is on the uh currently we have uh 250
250
megawatt connection to the Singapore. Uh
we uh
uh plan to introduce another link we
call it second link uh up to two gig. Uh
we on the fin already final stage on the
basically identifying before the full as
can be done. In fact uh today we're
going to yesterday we have signed a
joint development agreement with
Singapore power and SGI
uh to develop this second link
interconnection up to 2 gig uh the final
one will be uh from uh Sumatra to penal
Mia Sumatra in Praang uh contact to the
where in Malakaong
there's about sub cable about 50
kilometer uh the rest is all the
transmission 500 KB line. Of course,
there's all converter station there.
Okay. Uh that's only the intro daughter.
What's the challenge? Then interesting
part. So what's the challenge? I'll just
uh uh give to you the two things that we
are facing now. Uh which I'll go further
later in elaborate on this. First uh
what's the challenge? I think uh the
first thing we should do is we shall get
our house in order in such a way that we
going to increase the our grid capacity
in the peninsula before we are receiving
all these juice from the rest of the
country. So we are focusing on upgrading
of our transmission lines uh capacity reconductoring
reconductoring
uh in fact uh we have a challenge uh as
you all know uh Malaysia strive to have
a major hub for data center recently we
have quite for the last two or three
years we have quite a lot of uh
application as well we have commission
number of data center data center is
we'll know consume a lot of power and
then uh then we can take this
opportunity import from the power from
the rest of the green energy from the
rest of Asan country. So we can so the
challenge now is to have this uh uh
capac uh this grid to be uh upgraded
everywhere. And uh second thing that uh
just quick one uh just to share others
challenge that we have a crossber
alignment uh we have the mutual
agreement with the rest of the aan
country interconnection capacity uh
whether the subc or the grid on the
network itself uh for example that from
Vietnam side landing there in clant
there candis uh inshallah we're going to
build uh a new we call it new 500 KV
East coast corridor to be connected to
the west coast corridor. So west coast
corridor. So we have a kind of loop
there. Uh we are building about 800
kilome 500 KB transmission line. The
good things that uh we are ready for
this. In fact now we are in the phase of
acquiring the land. Okay. uh the
challenge that of course uh uh when we
know there are project coming uh the the
price you know all this land price and
so so there's a quite a number of
challenge there so uh uh okay uh and
then uh grid reliability uh okay uh to
ensure the grid is reliable uh resilient
uh we have to invest in advanced
technology and modernize the grid uh
regulatory framework uh also another
thing that uh we are looking into for
example we are IBR under incentive based
regul uh regulation uh whereby the link
should be under merchant I believe so
whether at the interfacing
uh there's a quite a challenge whether
will that be uh some sort of clear
boundary between the merchant link and
as well as the regulated
in France
Uh other thing that uh challenges is
that the
uh financing part uh the economic
justification sometimes uh this
interconnection uh basically
basically
uh need a lot of money.
So you should have a willing buyer and
willing seller. At the end of the day
the offtaker is very important whether
the price is uh is competitive enough to
drive uh this project. Uh there's uh
several number of challenge they are
facing now. Thank you Dr.
>> Yes. Thank you Mr. Rahim uh for the
insights and also quite uh comprehensive
perspectives from Malaysian side. Um I
think uh yeah uh there are so many
challenges and also there are so many
exciting projects um area is a think
tank now changing to also focus more on
project level how we can help to
facilitate so hope we can make more
contributions um uh more importantly I
think uh since we have you talking about
money also uh and there are so many uh
projects uh with varieties of challenges
so I think uh private sector should be
able to you know uh make their
contributions by becoming uh one of the
important uh type of uh partners.
Therefore uh my next question to uh Mr.
Yaki from Kai Electric is um uh I
understand that your company has rich
experience especially in overseas market
like Europe. Therefore, maybe you can
shed some light on, you know, in these
um uh APG projects in Asham uh how we
can mobilize uh private capital um share
uh you know learning from the external
experiences. Thank you. Yeah, thank you
for your questions and I already
explained in my presentation but uh I
would like to uh highlight again so that
if the private sector joined such kind
of the big the capital project uh that
we need uh to secure the appropriate
return uh with the the stable and the predictable return mechanism supported
predictable return mechanism supported by the government. So the uh without
by the government. So the uh without such the the stable uh stream uh scheme
such the the stable uh stream uh scheme the we the private sector is it's quite
the we the private sector is it's quite difficult to join the project and also
difficult to join the project and also that I I guess that it's quite difficult
that I I guess that it's quite difficult to provide a finance from the financial
to provide a finance from the financial sectors. So the I strongly expect the
sectors. So the I strongly expect the government to support that to establish
government to support that to establish such a stable revenue scheme in the uh
such a stable revenue scheme in the uh ACM power grid uh business. I learned a
ACM power grid uh business. I learned a lot from the UK and Germany the project
lot from the UK and Germany the project the the government supported quite the
the the government supported quite the massive uh to uh involve the private
massive uh to uh involve the private sectors for the such the big project. So
sectors for the such the big project. So I believe the the this kind of the
I believe the the this kind of the phenomenon is coming to the Asian
phenomenon is coming to the Asian regions to create the such stable power
regions to create the such stable power grid system.
grid system. >> Thank you Mr. Yagi. Um yes um uh I
>> Thank you Mr. Yagi. Um yes um uh I strongly agree with you the uh suitable
strongly agree with you the uh suitable business models uh supported by
business models uh supported by government with uh policies and also
government with uh policies and also other facilitations like from
other facilitations like from institutional side the regulatory side
institutional side the regulatory side to ensure stable stream of revenue that
to ensure stable stream of revenue that is uh key for successful financing and
is uh key for successful financing and then attract private uh uh partners. Um
then attract private uh uh partners. Um so uh in this regard maybe we can uh
so uh in this regard maybe we can uh have some learnings from uh those uh sub
have some learnings from uh those uh sub regions in Ashan that started early uh
regions in Ashan that started early uh to um conduct the um uh to to uh explore
to um conduct the um uh to to uh explore the integration of regional markets and
the integration of regional markets and therefore you know this is related to um
therefore you know this is related to um the uh stable stream. Therefore uh may I
the uh stable stream. Therefore uh may I move on to Mr. Ku? Uh yes uh regarding
move on to Mr. Ku? Uh yes uh regarding the um you know we we we know that ADB
the um you know we we we know that ADB engaged quite early in the GMS uh region
engaged quite early in the GMS uh region development. So uh I I wonder uh if you
development. So uh I I wonder uh if you can share with us any uh key lessons uh
can share with us any uh key lessons uh we learned from there uh and also if
we learned from there uh and also if possible perhaps also some updates on
possible perhaps also some updates on the latest progress uh from GMS site.
the latest progress uh from GMS site. Yeah. Thank you.
Yeah. Thank you. >> All right. Thank you. Um so ASEAN covers
>> All right. Thank you. Um so ASEAN covers the 10 countries but then um the GMS
the 10 countries but then um the GMS part within the ASEAN you know is
part within the ASEAN you know is limited to um uh few countries in the um
limited to um uh few countries in the um uh the Meon area and if you look at it
uh the Meon area and if you look at it um Lao Vietnam they are connected some
um Lao Vietnam they are connected some part of it uh Cambodia Vietnam as well
part of it uh Cambodia Vietnam as well and then uh Lao Thailand uh of course
and then uh Lao Thailand uh of course and then so uh there are lot of progress
and then so uh there are lot of progress already there and then ADB has been part
already there and then ADB has been part of uh the development um for these um um
of uh the development um for these um um projects in mainly IP projects there. Uh
projects in mainly IP projects there. Uh recent one is the Monzen winds project
recent one is the Monzen winds project which uh is a 600 megawatt wind u
which uh is a 600 megawatt wind u project uh export from Lao to Vietnam.
project uh export from Lao to Vietnam. uh COD was uh August uh this year and
uh COD was uh August uh this year and then this is one of the flagship project
then this is one of the flagship project that we structured uh with the blended
that we structured uh with the blended financing solution and then also uh some
financing solution and then also uh some oft um uh risk mitigation and um you can
oft um uh risk mitigation and um you can see these are more bilateral connections
see these are more bilateral connections and these are possible. I think the
and these are possible. I think the challenge is to look at the power market
challenge is to look at the power market developments uh with the multiple
developments uh with the multiple parties and moving away you know or or
parties and moving away you know or or beyond the typical long-term PPA to more
beyond the typical long-term PPA to more of uh the market development. So uh
of uh the market development. So uh these are the new challenges that uh we
these are the new challenges that uh we should be working in the context of uh
should be working in the context of uh as
as >> yes uh thank you Mr. Ketu for sharing
>> yes uh thank you Mr. Ketu for sharing the um from ADB's uh stance. Um so uh I
the um from ADB's uh stance. Um so uh I think we have very uh limited time uh
think we have very uh limited time uh left for us. So uh allow me to throw
left for us. So uh allow me to throw another round of questions but uh I
another round of questions but uh I would like to request all panelists to
would like to request all panelists to uh give me very concise response maybe
uh give me very concise response maybe within one minute. Very short. Yeah. So
within one minute. Very short. Yeah. So my questions I try to also be uh quick
my questions I try to also be uh quick and short. Um from ACE the think tank
and short. Um from ACE the think tank point of view you have the big picture.
point of view you have the big picture. So uh can I invite you to comment more
So uh can I invite you to comment more on um the uh sort of uh expectations of
on um the uh sort of uh expectations of private sector and APG uh and and the
private sector and APG uh and and the government sector to promote uh APG uh
government sector to promote uh APG uh perhaps linking these to the uh enhance
perhaps linking these to the uh enhance theou what additional expectations we uh
theou what additional expectations we uh could have for these two groups private
could have for these two groups private sector and government sector.
sector and government sector. >> Yes. Um thank you. So I think uh we've
>> Yes. Um thank you. So I think uh we've we've heard from uh Babarim as well that
we've heard from uh Babarim as well that u the more and more uh projects are
u the more and more uh projects are initiated and developed and a lot of
initiated and developed and a lot of that it's also long distance subcables
that it's also long distance subcables as well. So there are projects that is
as well. So there are projects that is new to us which is requires not only the
new to us which is requires not only the utilities but also the private um uh
utilities but also the private um uh contributors as well. Um so basically
contributors as well. Um so basically what's needed is the how the the
what's needed is the how the the framework basically uh because this kind
framework basically uh because this kind of projects involve multi-arties but
of projects involve multi-arties but also multi countries as well with
also multi countries as well with different regulatory regime. So I think
different regulatory regime. So I think there should be um a framework where the
there should be um a framework where the government to government could sit down
government to government could sit down together to figure out how this
together to figure out how this different parties could collaborate and
different parties could collaborate and include uh how to include the private um
include uh how to include the private um uh contributors or like private
uh contributors or like private involvement in um developing this
involvement in um developing this projects because I think from the
projects because I think from the private sectors they need a clarity on
private sectors they need a clarity on policy and regulatory framework for them
policy and regulatory framework for them to be able to to see that this is a a
to be able to to see that this is a a business that they can work and um how
business that they can work and um how to derisk uh this kind of projects
to derisk uh this kind of projects especially for the like subc um projects
especially for the like subc um projects that requires uh a lot of expertise and
that requires uh a lot of expertise and a lot of uh capital as well.
a lot of uh capital as well. >> Thanks Shani. Um I think uh next I would
>> Thanks Shani. Um I think uh next I would like to move on to the country
like to move on to the country perspective again uh from TMBB um you
perspective again uh from TMBB um you talk about you know enhancing uh grid
talk about you know enhancing uh grid capacity so that all these wonderful
capacity so that all these wonderful project can uh take place uh perhaps
project can uh take place uh perhaps with uh accelerated developments. So uh
with uh accelerated developments. So uh c could you help us explain uh more
c could you help us explain uh more about the aspects of the grid
about the aspects of the grid development uh that should be uh
development uh that should be uh prioritized uh in future and also uh
prioritized uh in future and also uh linking this to uh their significance uh
linking this to uh their significance uh in Malaysia's energy transition and
in Malaysia's energy transition and regional connectivity issues. Yeah,
regional connectivity issues. Yeah, thank you.
thank you. >> Uh thank you brother. Basically uh for
>> Uh thank you brother. Basically uh for TMBB currently for the grid expansion uh
TMBB currently for the grid expansion uh we are focusing on three area. one is uh
we are focusing on three area. one is uh try to get our re to be connected
try to get our re to be connected anywhere anytime in the grid. Okay. So
anywhere anytime in the grid. Okay. So we are in the middle of crafting a new
we are in the middle of crafting a new re zone third part of it. Okay. Second
re zone third part of it. Okay. Second is the support the APG and uh the
is the support the APG and uh the interconnections. Uh third one will be
interconnections. Uh third one will be the to serve the demand. Currently
the to serve the demand. Currently Malaysia have a significant increase of
Malaysia have a significant increase of uh power required for data center. We
uh power required for data center. We are talking about 25 gigs in 10 years
are talking about 25 gigs in 10 years time almost double
time almost double the current demand that we have that is
the current demand that we have that is on the on the pre-construct stage some
on the on the pre-construct stage some on the supply application stage some on
on the supply application stage some on the energy supply agreement stage some
the energy supply agreement stage some within the construction. Currently our
within the construction. Currently our data center connected is about three gig
data center connected is about three gig about almost three gig. So we have
about almost three gig. So we have commissioned about 20 numbers of
commissioned about 20 numbers of subision just to support this uh data
subision just to support this uh data center and then the the number is going.
center and then the the number is going. So we can see the huge demand there and
So we can see the huge demand there and then they are willing to go for the
then they are willing to go for the clean energy. So what by hope or by
clean energy. So what by hope or by group uh we need to upgrade our capacity
group uh we need to upgrade our capacity while we are doing increasing our capac
while we are doing increasing our capac uh our network. uh remember that uh we
uh our network. uh remember that uh we used to have a 500 KV network meant for
used to have a 500 KV network meant for the backbone of the country now it's not
the backbone of the country now it's not that the situations we have to build a
that the situations we have to build a 500 KV especially for this data center
500 KV especially for this data center for the customer side so this is quite a
for the customer side so this is quite a significant the the good thing is that
significant the the good thing is that the government has introduced this crest
the government has introduced this crest h with the firm capacity about 20 cent
h with the firm capacity about 20 cent per kilow hour 40 cent for non-firm
per kilow hour 40 cent for non-firm capacity
capacity uh 40 cents or per kilowatt hour so this
uh 40 cents or per kilowatt hour so this kind of uh promote uh uh this all this
kind of uh promote uh uh this all this desire to use a clean energy. So we need
desire to use a clean energy. So we need this actually this uh interconnection
this actually this uh interconnection actually the clean energy because nature
actually the clean energy because nature itself not have enough.
itself not have enough. So that be my
So that be my my for that one first one the second
my for that one first one the second part is on the financing part uh we also
part is on the financing part uh we also explaining the business model the cap
explaining the business model the cap and flow model the purely merching or
and flow model the purely merching or even a related model and so I think uh
even a related model and so I think uh we don't much time so we go to that
we don't much time so we go to that later maybe okay thank you
later maybe okay thank you >> yes thank you Mr. Rahim let's uh look
>> yes thank you Mr. Rahim let's uh look forward to more synergy from technology
forward to more synergy from technology and uh government planning uh this
and uh government planning uh this climate ambitions and private sector
climate ambitions and private sector efforts as well as from uh importantly
efforts as well as from uh importantly uh support from financing institutes. Um
uh support from financing institutes. Um next uh um allow me to uh zoom in
next uh um allow me to uh zoom in further more uh I would like to explore
further more uh I would like to explore uh for opinions from uh Kai Electric Mr.
uh for opinions from uh Kai Electric Mr. Yucky um uh based on your experience
Yucky um uh based on your experience about your projects in this this region
about your projects in this this region uh what are the uh barriers uh key
uh what are the uh barriers uh key barriers to realizing great network uh
barriers to realizing great network uh project uh projects um and uh how can
project uh projects um and uh how can these challenges be overcome maybe you
these challenges be overcome maybe you share insights
share insights >> yeah thank you and uh I'm sorry to
>> yeah thank you and uh I'm sorry to repeat again so the the healthy revenue
repeat again so the the healthy revenue mechanism is quite important but uh as
mechanism is quite important but uh as long as there is a such kind of the
long as there is a such kind of the healthy uh revenue mechanism in the ACM
healthy uh revenue mechanism in the ACM power grid business and we are happy to
power grid business and we are happy to join the as a private sector to invest
join the as a private sector to invest in the project but the still that there
in the project but the still that there is some you know barriers and the
is some you know barriers and the challenges in this market the one of the
challenges in this market the one of the most difficult challenges right now is
most difficult challenges right now is to procure the subc cable and also the
to procure the subc cable and also the main transformer the homer or other
main transformer the homer or other equipment for the uh big project. So the
equipment for the uh big project. So the supply chain is quite the the
supply chain is quite the the competitive right now. So the if we want
competitive right now. So the if we want to procure the timely manner we have to
to procure the timely manner we have to ex access accelerate to uh you know the
ex access accelerate to uh you know the make a order to the suppliers but the
make a order to the suppliers but the before that we would like to establish
before that we would like to establish the healthy uh revenue mechanism with
the healthy uh revenue mechanism with the financing institutions. So the so
the financing institutions. So the so that that's why I'm
that that's why I'm always the talking about the revenue
always the talking about the revenue mechanism but the yes the if we are
mechanism but the yes the if we are facing the challenges to the supply
facing the challenges to the supply chain uh we can like to discuss about
chain uh we can like to discuss about this matter with Japanese government and
this matter with Japanese government and also the Japanese manufacturers uh to
also the Japanese manufacturers uh to procure the timely in timely manner for
procure the timely in timely manner for the project to accelerate uh to achieve
the project to accelerate uh to achieve the our target uh completion date. Thank
the our target uh completion date. Thank you. Yes, thanks for revealing more
you. Yes, thanks for revealing more details about the challenges uh that
details about the challenges uh that we're facing especially the uh technical
we're facing especially the uh technical ones that are embedding. Um but I I
ones that are embedding. Um but I I believe that uh with um this cohort of
believe that uh with um this cohort of uh partners uh here from our community
uh partners uh here from our community uh we will find a solution with better
uh we will find a solution with better coordination and better planning. Um
coordination and better planning. Um next uh uh and also probably my uh my
next uh uh and also probably my uh my last opportunity to raise my question
last opportunity to raise my question here. Uh I would like to uh raise this
here. Uh I would like to uh raise this one to um ADB Mr. Ku. So um uh because
one to um ADB Mr. Ku. So um uh because uh multilateral power trade has been
uh multilateral power trade has been mentioned just now several times and we
mentioned just now several times and we also uh from think tank point of view
also uh from think tank point of view fully understand the importance of this
fully understand the importance of this one to generate return to this uh
one to generate return to this uh investment uh on the APG hardware.
investment uh on the APG hardware. Therefore, may I ask from ADB's uh
Therefore, may I ask from ADB's uh consideration
consideration um how uh can you play some roles to
um how uh can you play some roles to support uh the development of all forms
support uh the development of all forms of crossber power trade in Asha? Please
of crossber power trade in Asha? Please share your insights.
share your insights. >> Thank you. I think asan ambition is to
>> Thank you. I think asan ambition is to connect all the 10 countries. I think
connect all the 10 countries. I think it'll be 11 soon. Um and then to
it'll be 11 soon. Um and then to energize, integrate grid to grid. But
energize, integrate grid to grid. But again um I think how
again um I think how regional power trade develop in other
regional power trade develop in other part of the world also tells us is that
part of the world also tells us is that it starts small it starts bilateral. So
it starts small it starts bilateral. So our approach to look is to look at the
our approach to look is to look at the bilateral trade and then whether that
bilateral trade and then whether that works or not and then go to the sub
works or not and then go to the sub region like the GMS um sub region
region like the GMS um sub region framework and BMPA could be another one
framework and BMPA could be another one or different part of a Assean uh power
or different part of a Assean uh power grid may be able to look at this
grid may be able to look at this multilateral power trade for this uh we
multilateral power trade for this uh we do uh also provide technical assistance
do uh also provide technical assistance and knowledge support and then we are
and knowledge support and then we are going to conduct a uh shadow trading
going to conduct a uh shadow trading exercise a pilot shadow trading. So it's
exercise a pilot shadow trading. So it's a scenario analysis using the real data
a scenario analysis using the real data and the real transaction uh on a on a
and the real transaction uh on a on a hypothetical basis u uh in in focusing
hypothetical basis u uh in in focusing on the greater American sub region and
on the greater American sub region and so that's the utilities there and the
so that's the utilities there and the players there will be able to experience
players there will be able to experience what it means to trade and then what's
what it means to trade and then what's benefits you can get out of it. So by
benefits you can get out of it. So by going through a small steps practice uh
going through a small steps practice uh I think you build the confidence and
I think you build the confidence and find the gaps that need to be um
find the gaps that need to be um improved and this is how we want to
improved and this is how we want to approach uh to support the multilateral
approach uh to support the multilateral trade from this I would say software
trade from this I would say software side in addition to hardware side. Thank
side in addition to hardware side. Thank you.
you. >> Thank you Mr. Ku. I fully agree with you
>> Thank you Mr. Ku. I fully agree with you this uh practical uh approach uh
this uh practical uh approach uh starting with the solid background uh of
starting with the solid background uh of solid ground of uh bilateral trade then
solid ground of uh bilateral trade then we uh increase the flexibility uh by of
we uh increase the flexibility uh by of course uh doing some pilot or experiment
course uh doing some pilot or experiment uh projects first. Yes. Uh and area is
uh projects first. Yes. Uh and area is actually conducting relevant studies. So
actually conducting relevant studies. So hopefully uh we we can work together on
hopefully uh we we can work together on this. Yeah. Um so uh without further ado
this. Yeah. Um so uh without further ado uh maybe I um yes we still have some
uh maybe I um yes we still have some time uh let's open uh to the floor to
time uh let's open uh to the floor to invite uh uh maybe uh two questions yeah
invite uh uh maybe uh two questions yeah to to our um panelist here. Do we have
to to our um panelist here. Do we have any?
any? We actually have like four minutes. So
We actually have like four minutes. So um I think APG topic is important enough
um I think APG topic is important enough and uh all this Yes, please.
Please introduce yourself as well briefly.
briefly. >> Yeah. Hello. Good morning. My name is
>> Yeah. Hello. Good morning. My name is Ekko. Uh I'm from Indonesia and uh my
Ekko. Uh I'm from Indonesia and uh my company now is promoting the large hydro
company now is promoting the large hydro scale power plant in Kalimantan. Uh we
scale power plant in Kalimantan. Uh we have the potential around 9 gawatt. But
have the potential around 9 gawatt. But you know the main problem is the
you know the main problem is the offtaker ratio in Kimatan is very low.
offtaker ratio in Kimatan is very low. currently only two giga in Indonesia. So
currently only two giga in Indonesia. So I think from my perspective the most
I think from my perspective the most important thing in the APG I think we
important thing in the APG I think we need to get the support from the each
need to get the support from the each government because it's not only about
government because it's not only about the power trade but also how the
the power trade but also how the economic can be bilaterally or
economic can be bilaterally or multilaterally can be benefited by each
multilaterally can be benefited by each countries of Asian. We learned also from
countries of Asian. We learned also from the crossber project from Indonesian to
the crossber project from Indonesian to Singapore though there is a kind of a
Singapore though there is a kind of a formality agreement has been already
formality agreement has been already signed but to materialize the project is
signed but to materialize the project is also not easy because there is a
also not easy because there is a conflict from the geopolitic
conflict from the geopolitic perspective. So in this context I would
perspective. So in this context I would like to understand how APG can address
like to understand how APG can address the issue. So then the
the issue. So then the uh APG is not only talking about the
uh APG is not only talking about the power trade but also how the economic of
power trade but also how the economic of each Asian can support each other. Thank
each Asian can support each other. Thank you.
you. >> I think that's an excellent question and
>> I think that's an excellent question and uh it's relevant to the expertise of
uh it's relevant to the expertise of everyone here. So may I maybe start with
everyone here. So may I maybe start with this and then go around very quickly.
this and then go around very quickly. >> Yeah. I think um one of the uh point on
>> Yeah. I think um one of the uh point on the enhance and moyu um that we agree
the enhance and moyu um that we agree among the asan member state is to
among the asan member state is to enhance our regional planning. So I
enhance our regional planning. So I think in realizing the the benefits or
think in realizing the the benefits or like uh understanding what are the
like uh understanding what are the actual benefit of this interconnections
actual benefit of this interconnections cannot be seen if you are only planning
cannot be seen if you are only planning within your boundaries or like your
within your boundaries or like your country itself. So you need to have like
country itself. So you need to have like either sub regional like for example in
either sub regional like for example in Kalimantan if you see like you have like
Kalimantan if you see like you have like 9 gawatt uh 9 gawatt potential of
9 gawatt uh 9 gawatt potential of renewables perhaps the offtaker itself
renewables perhaps the offtaker itself is not Indonesia but also the
is not Indonesia but also the surrounding countries as well but in
surrounding countries as well but in order to see that you need a subregional
order to see that you need a subregional or even like regional um sort of like
or even like regional um sort of like planning so that this results of this
planning so that this results of this regional planning is basically to to
regional planning is basically to to make the confidence and to convince the
make the confidence and to convince the stakeholders within within it's the
stakeholders within within it's the governor what are the economic benefits
governor what are the economic benefits that they can gain in a wider manner not
that they can gain in a wider manner not only looking from their own jurisdiction
only looking from their own jurisdiction so I think on the regional cooperation
so I think on the regional cooperation level that's uh what ACE is trying to
level that's uh what ACE is trying to facilitate uh to work with different
facilitate uh to work with different utilities and different government as
utilities and different government as well to um exercise and to um enhance
well to um exercise and to um enhance this kind of practice because then at
this kind of practice because then at the end like mentioned by the gentleman
the end like mentioned by the gentleman here it how to turn it into real
here it how to turn it into real projects right and then the how what uh
projects right and then the how what uh like interconnection ctions project is
like interconnection ctions project is mostly approved by the government. So I
mostly approved by the government. So I think it's important to also increase
think it's important to also increase the confidence and the buy in of the
the confidence and the buy in of the governments and one of the uh way is to
governments and one of the uh way is to have like a better regional planning to
have like a better regional planning to answer that
answer that >> we quick one okay uh to on the same note
>> we quick one okay uh to on the same note with uh Shani point just now uh as we
with uh Shani point just now uh as we all know each country have their own we
all know each country have their own we call it transmission development
call it transmission development planning such as in Malaysia uh we have
planning such as in Malaysia uh we have this uh we call it annual transmission
this uh we call it annual transmission development planning
development planning We do planning for 10 years. This
We do planning for 10 years. This planning is under the license condition
planning is under the license condition from the regulator. So I think EGAT also
from the regulator. So I think EGAT also have the same thing. I think in
have the same thing. I think in Indonesia have also have the same thing.
Indonesia have also have the same thing. 10 years rolling review every year. This
10 years rolling review every year. This plan actually is approved by the
plan actually is approved by the government where the investment is
government where the investment is approved.
approved. So imagine if we can have a Assean
So imagine if we can have a Assean transmission grid planning
transmission grid planning is now each countries tend to have can
is now each countries tend to have can their own if you have the ASEAN
their own if you have the ASEAN transmission grid planning endorsed by
transmission grid planning endorsed by the AM.
the AM. So I believe echo your question one of
So I believe echo your question one of maybe we call it integrated system
maybe we call it integrated system planning for ASEAN approved by the
planning for ASEAN approved by the government. So definitely we get a
government. So definitely we get a support from the government. That's my
support from the government. That's my point.
>> Uh thank you for your comment and the questions. I totally agree with you and
questions. I totally agree with you and I'm not appropriate person to answer
I'm not appropriate person to answer your question. I agree I'm standing by
your question. I agree I'm standing by you. So the uh but uh I would like to
you. So the uh but uh I would like to say that uh you are correct. uh the
say that uh you are correct. uh the benefit for not only the private sector,
benefit for not only the private sector, not only for the one government but also
not only for the one government but also that we have to consider the uh the
that we have to consider the uh the benefit for both countries, both
benefit for both countries, both regions, both business partners, the all
regions, both business partners, the all the stakeholders. The it's quite
the stakeholders. The it's quite important to consider the what is the
important to consider the what is the most economic economical and
most economic economical and environmental beneficial project for all
environmental beneficial project for all each regions and countries. Thank you.
each regions and countries. Thank you. Uh yeah thank you. Uh it's a it's a very
Uh yeah thank you. Uh it's a it's a very good question. Uh I think this issue of
good question. Uh I think this issue of uh who benefit who benefits and who
uh who benefit who benefits and who doesn't or who benefits more has been a
doesn't or who benefits more has been a big issue uh in this uh power grid. And
big issue uh in this uh power grid. And let's not forget this asan power grid is
let's not forget this asan power grid is not about the wire and then pylons. It's
not about the wire and then pylons. It's also about the economic impact. And this
also about the economic impact. And this is why uh the I think asan um body
is why uh the I think asan um body started to uh understand that this is
started to uh understand that this is not just an energy issue. It's a finance
not just an energy issue. It's a finance but it's also an economy and there's a
but it's also an economy and there's a interface meeting at the ministerial
interface meeting at the ministerial level to really appreciate how important
level to really appreciate how important APG is and then APG financing. Now at
APG is and then APG financing. Now at ADB uh we are looking at this uh
ADB uh we are looking at this uh benefits assessment of uh as power grids
benefits assessment of uh as power grids for exporters for producer surplus and
for exporters for producer surplus and for consumer on the consumer surplus.
for consumer on the consumer surplus. But we also want to look at different
But we also want to look at different stakeholders have a different impact
stakeholders have a different impact including the um rural and then uh more
including the um rural and then uh more um uh I would say marginalized you know
um uh I would say marginalized you know community and they need to be part of
community and they need to be part of this APG story. So this is why we are
this APG story. So this is why we are working on our knowledge support on to
working on our knowledge support on to understands the impact of APG for the
understands the impact of APG for the whole um for the whole economy.
whole um for the whole economy. >> Thank you all for sharing uh your
>> Thank you all for sharing uh your insights. Uh I realize that the numbers
insights. Uh I realize that the numbers uh on the screen are not ticking for us
uh on the screen are not ticking for us anymore. So probably that's a sign uh we
anymore. So probably that's a sign uh we have to uh wrap up here. Uh I think uh
have to uh wrap up here. Uh I think uh we have uh actually taking this
we have uh actually taking this opportunity of the session fully
opportunity of the session fully inspired each other. Uh and also I was
inspired each other. Uh and also I was supposed to make a quick uh concluding
supposed to make a quick uh concluding remarks but I think every one of us have
remarks but I think every one of us have our own version already. So much uh
our own version already. So much uh ideas and information have already been
ideas and information have already been shared. Uh I would just like to say one
shared. Uh I would just like to say one thing very quickly that uh uh we have
thing very quickly that uh uh we have this uh like a think tank uh uh ACE and
this uh like a think tank uh uh ACE and also the governments working on the top
also the governments working on the top approach and also uh companies and the
approach and also uh companies and the private uh sector we are working from
private uh sector we are working from the uh bottom up approach joining hands
the uh bottom up approach joining hands with the financial institute to look for
with the financial institute to look for practical uh solutions. So I believe
practical uh solutions. So I believe soon uh with the new m momentum from u
soon uh with the new m momentum from u uh the newou and also ASAC uh these two
uh the newou and also ASAC uh these two ends will meet each other and dedicate
ends will meet each other and dedicate us to uh solutions perfect solutions to
us to uh solutions perfect solutions to accelerate APG and MPT. So thank you
accelerate APG and MPT. So thank you very much for giving us this
very much for giving us this opportunity. Uh would you join me in
opportunity. Uh would you join me in thanking the panelist for their
thanking the panelist for their wonderful sharing? Thank you.
wonderful sharing? Thank you. >> Thank you very much to Dr. Lee and our
>> Thank you very much to Dr. Lee and our panelists. Could I please invite our
panelists. Could I please invite our moderator and panelist to the center of
moderator and panelist to the center of the stage for a quick photo opportunity
the stage for a quick photo opportunity together?
a reflection perhaps of uh positive momentum moving forward. Ladies and
momentum moving forward. Ladies and gentlemen, thank you once again Dr. Lee,
gentlemen, thank you once again Dr. Lee, Miss Nadil Shani, Mr Abdul Rahi, Mr.
Miss Nadil Shani, Mr Abdul Rahi, Mr. Yagi, and of course, Mr. Amitsu Hashi
Yagi, and of course, Mr. Amitsu Hashi for those fantastic insights into the
for those fantastic insights into the ASEAN power grid. And while
ASEAN power grid. And while infrastructure policy and financing
infrastructure policy and financing hurdles certainly exist, the updates and
hurdles certainly exist, the updates and suggestions shared from our speakers
suggestions shared from our speakers represent a positive step forward to
represent a positive step forward to making the ASEAN power grid a reality.
making the ASEAN power grid a reality. Ladies and gentlemen, in our second
Ladies and gentlemen, in our second session, we will turn our attention now
session, we will turn our attention now to sustainable bofuel for vehicles.
to sustainable bofuel for vehicles. While electric vehicles continue to
While electric vehicles continue to expand across ASEAN and globally, many
expand across ASEAN and globally, many countries are also advancing the use of
countries are also advancing the use of biodeiesel and bioeanol as practical
biodeiesel and bioeanol as practical lowcarbon options for existing
lowcarbon options for existing combustion engines. Next, we will hear
combustion engines. Next, we will hear from producers, suppliers, and private
from producers, suppliers, and private sector users of sustainable fuels, who
sector users of sustainable fuels, who will share their ongoing initiatives,
will share their ongoing initiatives, the challenges they face, and their
the challenges they face, and their perspectives on the future of bofuels
perspectives on the future of bofuels within the ASAC region. To chair the
within the ASAC region. To chair the session, I'm honored to welcome on stage
session, I'm honored to welcome on stage Dr. Dr. Wirro Chantanakome, senior
Dr. Dr. Wirro Chantanakome, senior consultant on energy policy area as our
consultant on energy policy area as our moderator as well as his panelists.
moderator as well as his panelists. From Malaysia, Mr. Ahmed Adi Alias, vice
From Malaysia, Mr. Ahmed Adi Alias, vice president of refining, marketing and
president of refining, marketing and trading, Petronas from Indonesia, Mr.
trading, Petronas from Indonesia, Mr. Andre Harah, VP business development,
Andre Harah, VP business development, NRE Pamina new and renewable energy.
NRE Pamina new and renewable energy. From Thailand, Mr. Pongat Pomakon,
From Thailand, Mr. Pongat Pomakon, Executive Director of the Energy
Executive Director of the Energy Research Division, Ministry of Energy
Research Division, Ministry of Energy Thailand. And of course, from Japan, Mr.
Thailand. And of course, from Japan, Mr. Prosish executive vice president Toyota
Prosish executive vice president Toyota motor Asia Japan over to you Dr. Wiraat.
motor Asia Japan over to you Dr. Wiraat. >> Thank you very much indeed. I think we
>> Thank you very much indeed. I think we not we don't have much time but we going
not we don't have much time but we going to start right now you know that uh
to start right now you know that uh welcome to this session bofuel for Wo.
welcome to this session bofuel for Wo. So I think you know as you heard uh APG
So I think you know as you heard uh APG is very important but in Assean at the
is very important but in Assean at the same time you know the sustainable
same time you know the sustainable biouels you know I mean it is not just a
biouels you know I mean it is not just a stoppage. I think the the biouels for
stoppage. I think the the biouels for assean is kind of strategic solution for
assean is kind of strategic solution for I mean today transport you know system
I mean today transport you know system especially when electricity I mean uh
especially when electricity I mean uh electricification something like that
electricification something like that may take time. So I think this session
may take time. So I think this session will try to reflect you know on the
will try to reflect you know on the innovation on the cooperation on the
innovation on the cooperation on the vision. So today we have uh our expert
vision. So today we have uh our expert from I would say four countries you know
from I would say four countries you know start from Thailand the department of
start from Thailand the department of alternative energy development and
alternative energy development and efficiency of the ministry of energy of
efficiency of the ministry of energy of Thailand uh and then
Thailand uh and then followed by Petronas followed by Petina
followed by Petronas followed by Petina and Toyota. I'd like you to introduce
and Toyota. I'd like you to introduce yourself anyway. But anyway, without any
yourself anyway. But anyway, without any further ado, we like to hear your
further ado, we like to hear your background maybe a few minute under your
background maybe a few minute under your slide then we come up with a Q&A. So
slide then we come up with a Q&A. So with that, I'd like to invite uh
with that, I'd like to invite uh Minister of Energy first to
Minister of Energy first to introduce yourself and present three
introduce yourself and present three minute. Thank you. Start with Thailand.
minute. Thank you. Start with Thailand. Do you have a paper?
Do you have a paper? >> Thank you uh Dr. Riat and thank you for
>> Thank you uh Dr. Riat and thank you for kind. My name is uh good morning uh
kind. My name is uh good morning uh everyone. Uh my name is Pongak Pongcon
everyone. Uh my name is Pongak Pongcon from Department of Alternative Energy uh
from Department of Alternative Energy uh and efficiency uh ministry of energy
and efficiency uh ministry of energy Thailand and
Thailand and I don't see okay
I don't see okay slide please.
slide please. >> Okay. Okay. Okay.
>> Okay. Okay. Okay. uh
uh uh this is because uh I am on only one
uh this is because uh I am on only one from the government side and we start
from the government side and we start from the uh bofuel development plan in
from the uh bofuel development plan in in Thailand and and uh this is a show
in Thailand and and uh this is a show about the bio in Thailand. uh in the
about the bio in Thailand. uh in the past we have a long history about our
past we have a long history about our Bfield in Thailand and uh right now uh
Bfield in Thailand and uh right now uh we have a bio and body bar cell in
we have a bio and body bar cell in action and we you can see in this slide
action and we you can see in this slide we have a various uh branding ratio of
we have a various uh branding ratio of ethanol and bar cell and uh for the
ethanol and bar cell and uh for the future uh we uh plan to uh expand to our
future uh we uh plan to uh expand to our field like a uh s for session field for
field like a uh s for session field for uh sector and also we focusing on the
uh sector and also we focusing on the hydrogen. This is the uh as you may know
hydrogen. This is the uh as you may know uh EV coming uh for the the replace for
uh EV coming uh for the the replace for the uh uh IC in uh compensation engine
the uh uh IC in uh compensation engine but uh hydrogen is also have a operative
but uh hydrogen is also have a operative for the like uh uh heavy duty because uh
for the like uh uh heavy duty because uh limitation of the energy density of a
limitation of the energy density of a battery. Uh so we have a hydrogen for
battery. Uh so we have a hydrogen for for our future and for the uh promotion
for our future and for the uh promotion bofuel in Thailand we do a lot of thing.
bofuel in Thailand we do a lot of thing. Yeah. Uh uh as you know uh we bofuel of
Yeah. Uh uh as you know uh we bofuel of normally expensive than the fossil fuel.
normally expensive than the fossil fuel. When we bring bofuel with uh fossil fuel
When we bring bofuel with uh fossil fuel the price uh increase and in Thailand we
the price uh increase and in Thailand we use uh like uh like a price incentive.
use uh like uh like a price incentive. We sub subsidy uh the price by use oil
We sub subsidy uh the price by use oil fund to uh incentivize for the people to
fund to uh incentivize for the people to use a bio and also we uh develop the
use a bio and also we uh develop the specification for the bio bodies cell
specification for the bio bodies cell and bio internal. Uh before we blending
and bio internal. Uh before we blending bofuel with the uh normal field uh we
bofuel with the uh normal field uh we need to adjust some parameter for the
need to adjust some parameter for the bio biodeiesel. Uh let me uh give you an
bio biodeiesel. Uh let me uh give you an example. Uh in the past we uh increase
example. Uh in the past we uh increase the present brain of the bio biod cell.
the present brain of the bio biod cell. We need to adjust some parameter like a
We need to adjust some parameter like a monocistry in decrease the monocy in in
monocistry in decrease the monocy in in bed cell and also reduce uh like uh
bed cell and also reduce uh like uh water content in in uh the cell and uh
water content in in uh the cell and uh we work uh together with uh like oil
we work uh together with uh like oil company and automobile uh uh to adjust
company and automobile uh uh to adjust uh uh and do the research development
uh uh and do the research development like uh uh compatible material and do
like uh uh compatible material and do research about rotate and field test and
research about rotate and field test and uh do uh research about uh energy
uh do uh research about uh energy efficiency and
this is a slide I show you a long history of the bio field in Thailand. uh
history of the bio field in Thailand. uh you can see the B represent for the bio
you can see the B represent for the bio cell and E for represent for the bio
cell and E for represent for the bio channel and the number follow uh uh of
channel and the number follow uh uh of the B and E is represent to the uh how
the B and E is represent to the uh how many% brand of the bio and bio on uh in
many% brand of the bio and bio on uh in the gasoline and in the cell you can see
the gasoline and in the cell you can see we have a various uh um percent of the
we have a various uh um percent of the bio cell and bioeninal
bio cell and bioeninal and this is uh next two slides Okay,
and this is uh next two slides Okay, this slide and next next slide I will
this slide and next next slide I will give you information about uh set
give you information about uh set occurren set of the bio bio about this.
occurren set of the bio bio about this. You can see this slide you we uh there
You can see this slide you we uh there are 28 external producer and total
are 28 external producer and total capacity about uh 7 millit per day and
capacity about uh 7 millit per day and for the bodies we have uh 14 ber
for the bodies we have uh 14 ber producer and around uh 12 milll per day
producer and around uh 12 milll per day and you can see uh in the bottom of the
and you can see uh in the bottom of the slide this is about the uh volume we use
slide this is about the uh volume we use bio cell and bio and for the challenge
bio cell and bio and for the challenge of the bioell uh we we see the uh
of the bioell uh we we see the uh advancing of the uh EV technology. This
advancing of the uh EV technology. This is the
is the effect to the fossil fuel like the cell
effect to the fossil fuel like the cell and benzene. And uh from the bottom uh
and benzene. And uh from the bottom uh of the this slide you can see uh we do
of the this slide you can see uh we do uh projection last year uh in uh five
uh projection last year uh in uh five year or 10 year the demand of the cell
year or 10 year the demand of the cell and uh gasoline uh will decrease uh
and uh gasoline uh will decrease uh significant increase and also affect to
significant increase and also affect to leading to the uh decrease of the bio
leading to the uh decrease of the bio cell and bioethanol and uh one of the uh
cell and bioethanol and uh one of the uh regulation Ch in Thailand. Uh in the
regulation Ch in Thailand. Uh in the past we use a subsidy from the oil fund
past we use a subsidy from the oil fund and next year we we cannot uh use the
and next year we we cannot uh use the oil fund to subsidy for the bofuel bio
oil fund to subsidy for the bofuel bio and bioenol. Uh this is uh because of
and bioenol. Uh this is uh because of our regulation
our regulation and uh for the future. Yeah. Uh we we uh
and uh for the future. Yeah. Uh we we uh as mentioned we we cannot use bio for
as mentioned we we cannot use bio for the uh and use a subsidy. uh we need to
the uh and use a subsidy. uh we need to adjust the the uh type of uh bio ethanol
adjust the the uh type of uh bio ethanol in the uh fueling station uh to decrease
in the uh fueling station uh to decrease the management cost of the uh uh uh oil
the management cost of the uh uh uh oil company and we also promote the high
company and we also promote the high value product like uh bio oil bio
value product like uh bio oil bio transformer and I also uh uh like uh uh
transformer and I also uh uh like uh uh develop for the s for the uh our future
develop for the s for the uh our future uh for the ev sector and as I mentioned
uh for the ev sector and as I mentioned hydrogen is also for our future. And in
hydrogen is also for our future. And in conclusion, I uh uh want to uh told you
conclusion, I uh uh want to uh told you about Thailand maintain promote uh
about Thailand maintain promote uh bofuel and we need to adjust some uh
bofuel and we need to adjust some uh mechanism and uh we seeking for the uh
mechanism and uh we seeking for the uh opportunity for the new fuel. Thank you
opportunity for the new fuel. Thank you very much.
very much. >> Thank you very much indeed, Mr. Pong.
>> Thank you very much indeed, Mr. Pong. Dr. Pac you have shown the overall
Dr. Pac you have shown the overall picture you know of the bofuels roadmap
picture you know of the bofuels roadmap for Thailand toward decarbonization.
for Thailand toward decarbonization. Indeed actually you know the department
Indeed actually you know the department of the alternative energy development
of the alternative energy development and efficiency or DD I think they play a
and efficiency or DD I think they play a you know kind of important role to
you know kind of important role to support ethanol and biode cell blending
support ethanol and biode cell blending mandates you know from E1020 E285
mandates you know from E1020 E285 toward B20 currently you use B7 right in
toward B20 currently you use B7 right in temporarily just depend on the market
temporarily just depend on the market and now I think that you explore for the
and now I think that you explore for the bio only finally as well right and
bio only finally as well right and obation by field like SA but thank you
obation by field like SA but thank you very much become to you again on this on
very much become to you again on this on the on through the question. So without
the on through the question. So without time limit so I'd like to move on to our
time limit so I'd like to move on to our vice president you know I'd like to
vice president you know I'd like to invite our president uh Dr.
invite our president uh Dr. to be the second speaker from
to be the second speaker from >> not doctor.
>> not doctor. >> It's okay. Introduce yourself please.
