Business · Energy & Commodities · 2 hrs ago

Officials urge faster work on Southeast Asia power grid links

Officials urge faster work on Southeast Asia power grid links

An Asian Development Bank executive and Thailand’s deputy prime minister urged faster work on a regional power grid at a meeting in Bangkok.

The discussion took place during the annual meetings of the International Monetary Fund and World Bank on October 14.

The plan involves connecting power grids across Southeast Asia so countries can work together on energy supply.

The region remains vulnerable to energy shocks, and high oil prices are affecting businesses and households.

Better grid connections could help cushion the impact of those shocks.

The officials called for the project to be accelerated, but no timeline or next steps were stated.

1 source

Related