In lockstep with strong economic growth, Southeast Asia is one of the fastest-growing regions in the world in terms of electricity demand. Driven by the growing ownership of household appliances and air conditioners, as well as increasing consumption of goods and services, demand has grown more than 6% annually for the past 20 years. Of the region’s ten countries, the four largest by electricity consumption, Indonesia (26%), Vietnam (22%), Thailand (19%) and Malaysia (15%), make up more than 80% of total demand in the region. Smart meters and grid modernisation have become the top priority for these countries
TLDR; Recurring themes throughout the discussion (Thank you Brian for summarising this nicely!):
- The ability to keep the grid stable and decentralized as the base for new ventures like renewables, EVs, etc.
- Continuing to improve performance (outage/ downtime management, metrics improvements, etc.)
- Utilising data analytics for fraud detection and meter tampering reduction