Background and Principles
GMS energy cooperation aims to establish a competitive and integrated regional electricity market that will enable sustainable development of the abundant energy resources in the GMS, enhance energy security in the subregion, and provide people with access to modern energy at affordable prices. Under the GMS 2030 Strategy in the energy cooperation sector, the focus is on cross-border energy trade and the establishment of subregional energy network codes, energy market development, and expansion of clean energy investment with increased private sector participation.
Recent Progress
The GMS program is accelerating the transition to renewable and clean energy, emphasizing energy efficiency improvement and supporting smart grid networks to facilitate subregional energy trading in preparation for establishing a regional energy market in collaboration with ASEAN.
