| Summary/Abstract |
The energy sector is an integral part of the ASEAN Economic Community (AEC). The AEC aims to transform ASEAN into a stable, secure, prosperous, rules-based, competitive, resilient, and integrated economic community by 2015.[①] The ASEAN Vision 2020[②] envisions a clean and green ASEAN with fully established mechanisms for sustainable development to ensure the protection of the environment, the sustainability of its natural resources, and a high quality of life for its people. Such a vision was incarnated at the Bali Summit in October 2003 as the AEC by 2020.[③] The adoption of the AEC Blueprint by the ASEAN Heads of State/Government in November 2007 expedited the implementation of the AEC to 2015.Energy is closely related to three of the four pillar under the AEC: energy commodities are products that will be freely moved in the “single market and production base” (pillar 1); a competitive energy sector is an indispensable part of “the competitive ASEAN” (pillar 2); and access to electricity is a key towards “equitable economic development” (pillar 3).[④]
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