Super Session 2

Hosted by Vishal Devarajan
Associate Partner Mckinsey & Company
  28 Nov 2025, 09.00 - 10.30   |     Energy Exchange

"Grid Modernization - Transitioning Power Systems to Sustainable Power Society with High VRE Penetration (Opportunities & Challenges)"

Synopsis

The global energy transition is accelerating toward a sustainable power society, driven by the rapid integration of variable renewable energy (VRE) such as solar and wind. For Thailand and the ASEAN region, achieving high VRE penetration presents both unprecedented opportunities and complex challenges for power system planning, operation, and reliability. Grid modernization emerges as a critical enabler, encompassing advanced transmission infrastructure, digitalization, flexible resources, and innovative market mechanisms. This study explores the strategic pathways for transitioning conventional grids into resilient, intelligent, and low-carbon systems. Key opportunities include leveraging energy storage, demand response, and grid-forming technologies to enhance flexibility and stability. Conversely, challenges such as intermittency, forecasting uncertainty, and cybersecurity risks require robust solutions through advanced control, real-time monitoring, and regulatory frameworks. By examining global best practices and regional case studies, this work highlights actionable strategies for EGAT and stakeholders to ensure a secure, sustainable, and economically viable power system in the era of high VRE penetration.


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Vishal Devarajan

Associate Partner Mckinsey & Company

Moderator

Vishal Devarajan currently serves as an Associate Partner and SE Asian Leader of the McKinsey Centre for Future Mobility, based in Bangkok, Thailand. He has significant experience in consulting for large-scale transformations, particularly in the energy, sustainability, and mobility sectors. Earlier in his career, he worked in consulting and project roles at Transocean and has academic ties to the Indian Institute of Technology Kharagpur, where he earned a Bachelor of Technology in Civil Engineering


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Iain Macgill

Professor, The University of New South Wales (UNSW)

Speaker

Dr. Iain MacGill is a Professor in the School of Electrical Engineering and Telecommunications at UNSW Sydney, and Joint Director (Engineering) for the University's Collaboration on Energy and Environmental Markets (CEEM). He is also the theme lead on techno-economic analysis for the ARC Industrial Transformation Training Centre for the Global Hydrogen Economy. Iain's teaching and research interests at UNSW include electricity industry restructuring and the Australian National Electricity market, clean energy technology assessment, renewable energy integration, electrification, industry decarbonisation pathways, energy transition planning, and energy and climate policy. CEEM itself undertakes interdisciplinary research in the monitoring, analysis and design of energy markets and associated regulatory and policy frameworks. The collaboration has formal objectives of regulatory, market and policy impact, through relevant research and stakeholder engagement including participation in government and other agency policy development processes. Iain lead's CEEM's clean energy transition theme, focused on the challenges and opportunities of net zero energy sector transition in Australia, South East Asia and the Pacific.


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Peerapat Vithayasrichareon

Senior Energy Analyst International Energy Agency (IEA)

Speaker

Dr. Peerapat Vithayasrichareon is a Senior Energy Analyst - Power and System Integration at the IEA Regional Cooperation Centre in Singapore. He leads efforts to support the energy transition in Southeast Asia, focusing on renewable energy integration, cross-border power trade and power system flexibility at both regional and national levels.

Previously, he was a Principal Consultant at DNV - Energy Systems, leading technical and business advisory projects on electricity markets and energy transition across Asia-Pacific. Before that, Peerapat worked at the IEA headquarters in Paris, where he led the work on renewable integration and electricity security in regions worldwide, including renewable integration study in Thailand and Indonesia as well as ASEAN cross-border interconnection. His experience covers technical, economic, policy and regulatory disciplines. He works closely with policymakers and stakeholders to provide actionable recommendations that informs policy, market and regulatory frameworks to support clean energy transition. His earlier career includes role as an academic researcher and energy consultant in Australia, supporting renewable integration in the Australian National Electricity Market and regional power market in Southeast Asia. He also worked at EGAT in power system operation and planning, PPA and cross-border interconnection. Peerapat holds a Ph.D. in Electrical Engineering from the University of New South Wales, Australia and a Master's in Energy Economics and Planning.


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Dato' Ir. Ts. Abdul Razib Dawood

Executive Director, ASEAN Centre for Energy (ACE)

Speaker

Dato' Ir. Ts. Razib Dawood graduated with a BTEC National Diploma in Engineering in 1991 from Coventry Technical College, followed by an Electrical Engineering Degree from the University of Warwick, United Kingdom in 1994. He was then awarded his Master of Science in Power Electronic Engineering from the University of Manitoba in Canada in 1996. He started his early career with Tenaga Nasional Berhad Engineers Sdn. Bhd., and has more than 30 years of professional experience, having worked for both Malaysian and Australian national power utilities, independent power producers, Transmission Network Service Provider (TNSP), government regulator, and as a consultant for renewable energy. Executive Officer responsible for the overall administration and management of the functions of the Energy Commission.

He was appointed as the new Executive Director of the ASEAN Centre for Energy (ACE) on 1 February 2025.