In an industrial park in Haiphong, Vietnam, a midnight power outage caused the entire electronic production line to suddenly shut down. Business owners anxiously waited for power to be restored in the pitch black workshop. This scenario is not uncommon in Southeast Asia - the sharp contradiction between weak power grids and surging electricity consumption is giving rise to a highly certain new blue ocean for going global.

Electricity consumption surges, power grid lags behind

Southeast Asia, with a population of 670 million and a large-scale shift in manufacturing, has a leading global electricity consumption growth rate. About a quarter of the world's new energy demand in the next decade will come from this region. The core contradiction is not the shortage of power generation resources, but the serious lag in transmission and distribution construction - the old and weak power grid, the difficulty in absorbing new energy, and the prominent shortage of self owned electricity in industrial parks.

ASEAN has set a target of 45% of renewable energy installed capacity by 2030, forcing large-scale investment in power transmission, distribution, and energy storage. Relying on the tariff dividend of RCEP, China's complete sets of power equipment, transformers, high and low voltage cabinets, and energy storage converters have significant advantages in delivery cycle, cost, and full chain solutions, ushering in a window period for going global. The competition on the power generation side is fierce, and power transmission and distribution, park distribution network, microgrid, and new energy supporting electrical equipment belong to the incremental blue ocean, which is the best entry point for high and low voltage complete sets and electromechanical complete sets enterprises.

Integration of distribution network and energy storage parks

The incremental space for distribution network is vast. The aging of power grids, high line losses, and outdated protection systems in many Southeast Asian countries have led to voltage and harmonic problems caused by the integration of new energy into the grid. The demand for substation expansion, urban distribution networks, and industrial park dedicated lines continues to be released. The power imbalance between the north and south of Vietnam has led to the expansion of transmission corridors and the construction and renovation of a large number of substations. There is a strong demand for medium and high voltage switchgear and transformers, and foreign-funded parks have high requirements for equipment resistance to moisture and corrosion. The main power grid in Indonesia is weak, and industrial clusters such as nickel aluminum processing and data centers urgently need to build regional substations. There is a large gap in box transformers and high and low voltage complete sets, and island areas generally require zoning distribution network solutions. Thailand and Malaysia are promoting the intelligence of existing power grids, and the demand for distribution automation equipment is increasing. Enterprises can follow domestic EPC subcontracting, develop local agents, or carry out localized complete assembly.

Energy storage matching drives the demand for distribution equipment. ASEAN has gradually implemented mandatory energy storage policies, and photovoltaic energy storage has become the norm. Energy storage stations are driving demand for high and low voltage distribution cabinets, grid connected cabinets, and measurement and control protection equipment. The synchronous growth of complete power distribution equipment is driven by the industrial and commercial distributed photovoltaic and park photovoltaic storage projects. Off grid solar energy storage microgrids on islands such as Indonesia and the Philippines can replace high priced diesel power generation, with a broad market space.

The rise of integrated park general contracting model. A large number of newly built industrial parks in Southeast Asia are generally facing pain points such as unstable power supply, frequent power outages, slow expansion, and rising electricity bills. The demand for integrated general contracting of "public substations+park distribution network+self owned photovoltaic storage+backup power supply" is strong. The client is a park developer and large manufacturing enterprise with strong payment ability, and does not require bidding qualifications from State Grid. It is suitable for mechanical and electrical general contracting enterprises, and the core opportunities are concentrated in switch stations, distribution rooms, high and low voltage distribution cabinets, dual power switching, and emergency power supply systems. Keywords: Foreign construction news network,Southeast Asia engineering information network,Overseas engineering construction,Foreign engineering construction news

Cross border Internet Data Driven

The interconnection of ASEAN power grids is accelerating, and cross-border power projects continue to be implemented. Many islands in Indonesia and the Philippines lack large power grid coverage, and there is a strong demand for microgrids and hybrid power supply of diesel, solar, and energy storage. The project has strong customization and strict certification, making it suitable for joint large-scale EPC participation. At the same time, the construction of data centers in Vietnam, Malaysia, and the Philippines is accelerating, with extremely strict requirements for distribution reliability, redundant protection, and multiple power sources. They belong to the high premium distribution market, but the entry certification threshold is high, requiring companies to lay out qualifications and localization capabilities in advance.Editor/Gong Ziwei