In his opening remarks at the summit Vientiane, Laos Energy Minister Khammany Inthirath referred to the Association of South East Asian Nations (ASEAN) Vision 2020.
Vision 2020 is supported by the member nations, which highlights reliable and resilient electricity infrastructure to meet growing demand, and the potential advantages of an integrated system.
"These interconnected electricity networks will add strength to ASEAN's economic integration, at the same time providing those countries with abundant natural resources but with little demand to generate income from their surplus supply; Laos is one of them," Inthirath said, reported by the Vientiane Times newspaper.
"On the other hand, countries with higher power demand can meet their electricity shortfalls by importing energy from neighbouring countries at reasonable prices," he added.
He also referred to an assessment by the ASEAN Center for Energy, which noted that $100 billion was required for ASEAN to meet the increasing demand for electricity and about $7 billion for gas pipeline networks.
In his remarks, Confexhub chairman Datuk Abdul Aziz Kadir referred to the rapid growth of the ASEAN economy which he said was fuelled by rapid urbanisation and energy-intensive industries. Confexhub is a network solutions provider of strategic marketing.
He said electricity demand in ASEAN was projected to grow by 6.1% to 7.2% per annum.