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ASEAN must modernize aging power grids to integrate renewables and avoid $2.3B in annual losses by 2040.
ASEAN faces growing challenges in modernizing its aging power grids to support a shift to renewable energy, as outdated infrastructure struggles with solar and wind variability, causing energy waste, blackouts, and up to $2.3 billion in annual economic losses by 2040.
Smart grids using digital sensors, real-time data, and automation offer a solution by improving reliability and integration of renewables.
Thailand, Singapore, and Vietnam are advancing pilot projects, while regional cooperation, regulatory reforms, and financing tools like green bonds and climate loans are critical to attract clean energy industries.
Without urgent upgrades, ASEAN risks falling behind in the global digital and industrial economy.
La ASEAN debe modernizar las redes eléctricas envejecidas para integrar las energías renovables y evitar pérdidas anuales de $2.3B para 2040.