ASIA EDGE: INDO-PACIFIC ENERGY MARKET INVESTMENT AND MODERNIZATION
The Indo-Pacific Energy Market Investment and Modernization program is a partnership between the U.S. Department of State’s Bureau of Energy Resources (ENR) and the U.S. Energy Association (USEA). The goal of EMIM is to strengthen the energy security of U.S. allies and partners; create open, efficient, rule-based, and transparent energy markets; improve free, fair, and reciprocal trading relationships; and expand access to affordable, reliable energy as part of the U.S. government’s Asia EDGE (Enhancing Development and Growth through Energy) initiative. EMIM also works to advance the goals of the U.S. - Japan Mekong Power Partnership (JUMPP).
Under Asia EDGE, EMIM supports ENR’s Power Sector Program (PSP) and Energy Governance and Capacity Initiative (EGCI), which provide a wide range of U.S. government and expert independent advisory assistance to support the development of reliable, transparent, and competitive energy sectors that attract investment.
EMIM leverages U.S. energy industry expertise to provide advisory and technical exchange activities related to market development, governance, and oversight of the hydrocarbon and power sectors, as well as power market development and regional electricity trade and integration. EMIM focuses on the Indo-Pacific region, including Bangladesh, Bhutan, Burma, Cambodia, India, Laos, Malaysia, Maldives, Nepal, Sri Lanka, Thailand, and Vietnam.
EMIM activities include providing targeted technical assistance and support to implement best practices in energy sector operations and regulation utilizing leading experts from the U.S. to improve energy sector governance and support to Indo-Pacific governments in creating enabling environments for private investment. This includes bringing technical, legal, and financial experts to the Indo-Pacific for capacity building and training and supporting Indo-Pacific energy professionals in accessing world-class training and capacity building around the world. EMIM also helps connect prospective investors with projects in the Indo-Pacific through market promotion events.