On a high-level panel held online on November 17, 2021, Prof. Andreas Goldthau pointed to the importance and benefits of a deeply connected energy market. The EU’s experience with integrated markets and cross-country grids in gas and electricity may be instructive for ASEAN as well. Furthermore, designing transition policies is key. For example, ill-designed support policies made some EU countries suffer from overrunning energy costs. Most of all, however, ASEAN countries should aim for a transition pathway avoiding creating economic losers, as it may turn them against the decarbonization project. The panel was moderated by ASB’s Professor Renato Lima.
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