ISGF-ACE formulate fast-track program for capacity building
The India Smart Grid Forum (ISGF) and ASEAN Centre for Energy (ACE) have executed an Memorandum of Understanding (MoU) for Cooperation for Decarbonization Initiatives in the 10 member countries of the Association of South East Asian Nations (ASEAN) in the areas of Smart Grids, Electric Mobility and Renewable Energy Developments.
The ISGF and ACE have formulated on a fast-tract a Five-Year Integrated Program for capacity building in various institutions in the ASEAN member states for decarbonizing the power and transport sectors.
The MoU, signed 19 April 2021, set forth a framework for mutual cooperation between ACE and ISGF for various initiatives in the areas of smart grids, electric mobility and renewable energy development.
The MoU was signed by Nuki Agya Utama, Executive Director on behalf of ACE and Reji Kumar Pillai, President of ISGF.
“This is the beginning of a new chapter in India’s collaboration with ASEAN Member States and we look forward to work closely with ACE in successfully executing the conceived programs to accelerate the energy transition in ASEAN region,” said Pillai.
“As the ASEAN Plan of Action for Energy Cooperation (APAEC) sub-theme which was endorsed by the ASEAN Ministerial Energy Meeting last year calls for accelerating energy transition and strengthening energy resilience through greater innovation and cooperation,” added Nuki Agya Utama in a release on 22 April 2022.
The region looks forward to having more resilient, flexible, robust electricity grid as well as an overall efficient energy system, therefore the collaboration with ISGF is very crucial to support the stakeholders in AMS and work to create awareness and build capacity for Smart Grids, Renewable Energy Systems and Electric Vehicle Charging Infrastructure, said the ACE Executive Director.
ISGF is a public private partnership initiative of Government of India with the mandate of accelerating smart grid deployments across the country. With 170+ members comprising of ministries, utilities, technology providers, academia and research, ISGF has evolved as a Think-Tank of global repute on Smart Energy and Smart Cities. Mandate of ISGF is to accelerate energy transition through clean energy, electric grid modernization and electric mobility; work with national and international agencies in standards development and help utilities, regulators and the Industry in technology selection, training and capacity building.
India has emerged as a leader in the clean energy, electric mobility and smart grid developments with impressive achievements through innovative policies, programs and projects for decarbonization of power sector.
India is the only major economy that has surpassed the targets under the Paris Climate Agreement by end of 2020. Several of ASEAN countries who have embarked on the energy transition journey could benefit from close collaboration with India.
The ASEAN Centre for Energy (ACE), is an intergovernmental organisation (hosted by the Ministry of Energy and Mineral Resources of Indonesia) is representing the interest of 10 ASEAN Member States (AMS) on Energy Cooperation. ACE acts as the focal point and implementing body for the international partnerships in the ASEAN energy sector.
ASEAN has long standing international partnerships on energy cooperation which have been mutually beneficial to all stakeholders (including the donors). These international partnerships support the implementation of the ASEAN Plan of Action for Energy Cooperation (APAEC) 2016-2025, a regional blueprint for energy cooperation which was endorsed by the ASEAN Ministers on Energy Meeting (AMEM).
These international partnerships exist in the form of ASEAN’s Dialogue Partners (DP), International Organisations (IO) as well as the direct institutional engagements. ASEAN has ongoing partnerships with Japan, South Korea, China, Germany, the USA, Norway, East Asia Summit (EAS) Energy Cooperation and other international collaborations with IRENA, IEA, etc. #projects #technology #investment /fiinews.com
