South East Asia Energy Transition Partnership
The Southeast Asia Energy Transition Partnership (ETP) will bring together government donors, philanthropies and partner governments to accelerate energy transition in Southeast Asia, deliver the Paris agreement targets on climate change and support partner countries to achieve their national sustainable development goals. Initially the Partnership will focus on Indonesia, the Philippines and Vietnam. It will mobilise and coordinate its members’ technical and financial resources to create an enabling environment for renewable energy, energy efficiency and sustainable infrastructures in the region. Using a holistic approach its key focus will be on energy transition enabling dimensions including the strengthening of the enabling environment for green energy policy; increasing public and private investment flow in this sector; increasing the amount of green energy in smarter grids; and strengthening human capital, knowledge and public awareness.
- Countries
- Indonesia, Philippines, Viet Nam
- IKI funding
- 4,000,000.00 €
- Duration
- 11/2021 till 12/2025
- Status
- open
- Implementing organisation
- United Nations Office for Project Services (UNOPS)
- Political Partner
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- Diverse climate change relevant institutions in the respective partner countries/Diverse klimarelevante Institutionen in den entsprechenden Partnerländern
State of implementation/results
- By providing expertise, technical assistance, and policy guidance, ETP is facilitating a smoother and more effective transition toward renewable energy sources. ETP adopts a holistic strategy to navigate this transition, as evident in the key developments of 2023.
- In Vietnam:
- ETP took a lead role in carbon market development, delivering the Carbon Border Adjustment Mechanism (CBAM) impacts assessment, carbon pricing, Energy Trading System (ETS) simulation, and carbon trade exchange design. Aiming to unlock Energy Efficiency (EE) and Renewable Energy (RE) investments, ETP developed auction mechanism proposals for inclusion in the Electricity Law, and the National Green Cooling Program anticipates a reduction of 23 mtCO2 by 2030 and 89 mtCO2 by 2050 through resultant policy upgrades.
- In Indonesia:
- ETP’s support to upgrade of the country’s largest control centre facilitated the State Electricity Company (PLN) to access USD 50 million in infrastructure investment and to target the integration of 3.2 GW of Variable Renewable Energy (VRE) in the system by 2030.
- In parallel, ETP launched the wind power investment roadmap to address barriers to developing wind farms, aiming to identify and create a pathway to financing for 1.1 GW of potential sites.
- In the Philippines:
- ETP has addressed intricate transmission challenges by presenting alternative governance options and outlining a roadmap for the integration of smart grid innovations.
- On the distribution front, ETP initiated a Demand Side Management (DSM) program, marking the initiation of the countrywide implementation of smart technologies. This initiative enhances system flexibility and reliability while minimizing the necessity for constructing additional power plants.
- In offshore wind, ETP has undertaken the Marine Spatial Plan and Permitting Process, with the goal of unlocking the sector and installing the first 6.7 gigawatts by 2028.
- ETP’s regional program:
- saw the launch of the ASEAN Power Grid Advancement Program, developing a stepwise roadmap and financing framework to advance the implementation of the ASEAN Power Grid (APG) and unlock the huge potential to Green House Gas (GHG) reductions that an interconnected ASEAN would bring.
- Emphasizing the principle of leaving no one behind, ETP officially launched its Just Coal Transition Platform (JCTP). JCTP will serve as the primary convening platform in the region, enabling communities, governments, and development partners to collaborate and exchange information. This will be achieved through activities such as twinning programmes, study tours, and contextualized learning resources. The platform aims to ensure an inclusive and equitable transition process.
Latest Update:
11/2024
Project relations
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