According to the bank document, this regional technical assistance (RETA) is designed to support the continuous work of the Regional Power Trade Coordination Committee, the Working Group on Performance Standard and Grid Code, the Working Group on Regulatory Issues, and eventually the Regional Power Coordination Center in laying the essential building blocks to facilitate GMS regional power trade. Through these institutions, much more will be done by the GMS members themselves in developing a full-fledged GMS power market where all countries can realize and share the full benefits of synchronous operations. Interventions include harmonizing performance standards and grid codes dictating the technical rules for the coordinated planning and operation of the regional electricity market; and harmonizing regulatory framework, pricing, legal framework for a third party access to the grid and wheeling obligations_all towards a unified, fair and transparent regional electricity market.
To realize and share the full benefits of synchronous operations, the establishment of the RPCC will tangibly demonstrate members' ownership and leadership of the regional power trade and market development process.
Cofinancing US$ 2.00 million
Responsible ADB Officer Bui, Duy-Thanh
Responsible ADB Department Southeast Asia Department
Responsible ADB Division Energy Division, SERD
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines
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