1 thing catching my eyes today is the 500kV line from China to Laos which will allow power to be transmitted bw 2 countries. + China is building wind/solar projects in Laos & plenty of hydro. 85% of hydro power expect to be exported. To Thailand, Vietnam & even to Singapore.
Laos -> Thailand -> Malaysia -> Singapore so Singapore can get clean energy to fulfill its net-zero obligations Once China builds out 500kV line, it can supply to Laos, & Vietnam, which can then supply rest of ASEAN. Projects use Chinese expertise in grid, renewables & transport
ASEAN is a high growth part of the world. Growth requires cheap energy. China Southern Power Grid had 17 projects in ASEAN countries since 2009. Here it is training 33 mgmt & technicians from Vietnam on Solar/ESS/super charging infrastructure. China -> energy service industry.
Guangxi Power Grid hosted the training and personnel exchange w/ 5 ASEAN countries in 2023. Most recently, Vietnam hosted China/ASEAN electricity cooperation near Hanoi. China working w/ Vietnam on renewable energy, ESS & NEVs. China is figuring this out & showing its neighbors.
Biggest beneficiary is still Laos. Mekong river flows 1987km thru Laos & Laos has build ~4GW hydro power there w/ theoretical potential of 23GW. Its electricity export revenue was ~$2.38B in 2023 mainly to Thailand, Vietnam & Cambodia. 30% of its total export.
