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KEA and ASEAN Centre for Energy to Further Cooperate in Energy Sector
Developing Energy, Climate Cooperation Initiatives
KEA and ASEAN Centre for Energy to Further Cooperate in Energy Sector
  • By Jung Min-hee
  • August 20, 2019, 09:31
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Korea Energy Agency Director Oh Dae-kyun (right) and his counterpart at the ASEAN Centre for Energy sign a memorandum of understanding for energy and climate cooperation initiative development in Yangon, Myanmar on Aug. 19.

The Korea Energy Agency signed a memorandum of understanding (MOU) with the ASEAN Centre for Energy (ACE) in Yangon, Myanmar on Aug. 19.

The purpose of the MOU is to achieve economic development and sustainable growth in the 10 member countries of the ASEAN by making use of the two organizations’ international cooperation programs. They are going to launch joint programs based on the MOU so that more renewable energy can be used and energy resources can be used more reasonably in the 10 countries.

The MOU is the first between the two organizations. However, they have concluded an agreement each year for the past 10 years so that seamless assistance can be provided for those countries. For example, they carried out a clean development mechanism (CDM) cooperation project from 2009 to 2013 and their cooperation for greenhouse gas reduction has been underway since 2014.

In addition, they have provided consulting services in Myanmar and Laos since 2017 with regard to the introduction of consumer electronics energy efficiency ratings. Also, Korea Testing Certification (KTC) and the ACE are currently conducting feasibility studies related to energy efficiency testing equipment installation.

The Korea Energy Agency held a workshop with the governments of Myanmar and Laos after the conclusion of the MOU. The agency is going to keep working together with the governments so KTC’s project concept papers can lead to follow-up projects.