Thematic Track Session 2.3 (Regional Power Trade & Market Integration)

Enhancing Regulatory and Policy Frameworks for Power Trade

Thursday, 5 June 2025

9:00 a.m. – 10:30 a.m. (GMT +8)


As cross-border electricity trade becomes increasingly important for achieving energy security and decarbonization goals, countries across Asia and the Pacific are working to harmonize their regulatory and policy frameworks. Yet differences in grid codes, market structures, and renewable energy certification systems remain significant barriers. This session will explore how regional dialogue and cooperation can advance regulatory alignment, drawing on both local progress and international best practices. It will also consider the role of regional organizations and forums in shaping policy frameworks that enable efficient, transparent, and sustainable power trade.

Presentations will examine recent milestones in cross-border renewable energy certificate (REC) mechanisms within the ASEAN Power Grid, including upcoming pilots and guidance for bundled REC and electricity transactions. Participants will also learn about efforts to define minimum technical standards for grid interconnection through AIMS III, and how global lessons--such as those from the Southern African Power Pool--can inform Asia’s own journey toward regional market integration. Together, these insights offer a roadmap for creating regulatory environments that support seamless, low-carbon power trade across borders.

AGENDA


9:00 - 9:05 a.m.

Opening Remarks and Session Framing

Grayson Heffner, Moderator


9:05 - 9:12 a.m.

Developing Regulatory Instruments for Cross Border Electricity Trade (CBET) for Sri Lanka

Dileepa Karunarathna, Public Utilities Commission of Sri Lanka


9:12 - 9:19 a.m.

Grid Code Harmonization

Mats de Ronde, DNV


9:19 - 9:26 a.m.

Facilitating Cross-Border Energy Trade With Renewable Certificates

Roble Velasco-Rosenheim, I-REC Standard Foundation


9:26 - 9:33 a.m.

Digital Energy Grids – Enablers of Regional Power Trade and Market Integration

Reena Suri, ISGF


9:33 - 9:40 a.m.

Power Trade and Market Integration: Experience From Outside of Asia

Stephen Nash, Kuungana Advisory


9:40 - 10:30 a.m.

Panel Discussion and Audience Q&A

Moderator: Grayson Heffner

With all speakers as panelists

SPEAKERS

Dileepa Karunarathna

Dileepa Karunarathna

Electrical Engineer, Public Utilities Commission of Sri Lanka

Roble Velasco-Rosenheim

Roble Velasco-Rosenheim

Director, Global Partnerships and APAC Markets, I-Track Standard Foundation

Mats de Ronde

Mats de Ronde

Energy Markets & Strategy Lead APAC, DNV

Stephen Nash

Stephen Nash

Managing Director, Kuungana Advisory Ltd

Reena Suri

Reena Suri

Executive Director, ISGF

Grayson Heffner

Grayson Heffner

Power Trade Consultant, Independent Consultant