Market structure and energy security performances of the power sector in seven Southeast Asian countries | |
| Author | Samndong, Mbuh Emmanuel |
| Call Number | AIT RSPR no.SE-23-01 |
| Subject(s) | Renewable energy sources--Southeast Asian--Marketing Energy security--Southeast Asian |
| Note | A research study submitted in partial fulfillment of the requirements for the Degree of Master of Science in Sustainable Energy Transition |
| Publisher | Asian Institute of Technology |
| Abstract | In understanding the evolution of the power market structure, its components and energy demand constraints in developing and emerging economies, this study evaluates the various components of the electricity market structure and the energy security performance for seven (7) Southeast Asian countries. The findings show that the electricity market structure of Cambodia, Malaysia, Myanmar, the Philippines, Indonesia, Thailand, and Vietnam varies significantly. In some countries, such as government-owned utilities dominate Cambodia and Myanmar, private sector companies play a larger role in the electricity market structure in others, such as Malaysia and the Philippines. Generally, the electricity market structure is going through significant reforms and liberalization in many of these countries, with a particular focus on encouraging private sector investment, increasing competition and the need to address barriers to entry for independent power producers (IPPs) and promotion of renewables to their energy mix. While energy security in the power sector has become a prominent concern, using Z-Score performance of six indicators: coal import dependence, gas import dependence, Renewable energy consumption, electric power consumption per capita and CO2 emissions under the four (4) dimensions of the energy security performance in the electricity sector from the year 2010 up to 2022. Scoring and analysis of these indicators show a strong correlation between the energy policy decision and the type of power market they operate. Countries with a negative performance show a high dependence on coal and natural gas imports, while those with positive scores show a substantial availability of resources. The study concludes by answering the design questions for power market structure, policy implications of the study, indicating the need for increased investment in grid infrastructure, deregulation of energy prices, transparency in the power market regulations, liberalization of generation and distribution, incentives and the tax break for renewable forms of energy sources as the primary catalyst to facilitate an efficient and a good performing electricity market. While the promotion of energy efficiency, stronger trade cooperation and diversification of fuel mix, long and short-term storage, as the main implication for a sustainable energy security approach in the sub region. |
| Year | 2023 |
| Type | Research Study Project Report (RSPR) |
| School | School of Environment, Resources, and Development (SERD) |
| Department | Department of Energy and Climate Change (Former title: Department of Energy, Environment, and Climate Change (DEECC)) |
| Academic Program/FoS | Sustainable Energy Transition (SE) |
| Chairperson(s) | Singh, Jai Govind |
| Examination Committee(s) | Weerakorn Ongsakul;Dhakal, Shobhakar |
| Scholarship Donor(s) | World Bank (JJ/WBGSP) |
| Degree | Research report (M. Sc.) - Asian Institute of Technology, 2023 |