GLOBEALERT
BUSINESS● LOW3d ago · Oct 10, 2026, 5:06 PM

ASEAN pushes grid deals to unlock $400-B energy investments

tribune · philippines · east asia

ASEAN energy ministers have agreed to accelerate financing and regulatory reforms for cross-border electricity projects as Southeast Asia faces an estimated US$400 billion in annual energy investment needs. Outcomes of the 44th ASEAN Ministers on Energy Meeting in Manila include advancing the ASEAN Power Grid, exploring submarine power cable connections and strengthening regional electricity trading. The initiative aims to improve energy security, support renewable energy integration and meet projected quadrupling of regional energy demand by 2060.

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