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Showing posts from October, 2021

Macroeconomic Benefits of CBET impacts in South Asia Region

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Under the SARI/EI program, IRADe commenced the Macroeconomic analytical study with the primary purpose to build consensus for cross border electricity trade. It involves multi country analysis which is bringing out the economic (macro and micro) importance of power trade besides other country benefits. In-addition, the study is carrying out a set of activities to build consensus through various channels and create political climate for co-operation. The Consensus building activities are converging stakeholders from power sector, financial and diplomatic communities and other energy experts.    Objective of the study: To critically assess the need for CBET among the nations of the South Asia region through comprehensive South Asia Regional Energy integration   analytical studies that quantify the technical, economic, environmental and energy market benefits of cross border interconnection in the region. Key goal of the study: To provide estimates of benefits holistically and the need

Regional Power Market For CBET

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Electricity sector integration in South Asia is in an evolutionary stage and awaits a structured approach to develop a regional power market. Although there are no formal market-based multilateral trading arrangements (supported with a harmonized commercial, regulatory, and legal framework). However successful bilateral trading arrangements in place between Bhutan-India, India-Bangladesh and India-Nepal highlight the benefits from such cooperation.  The existing and the proposed cross-border electric inter-linkages in the South Asian region are the culmination of bilateral negotiations. The initial focus on a strong bilateral form of power trade would ensure the investment in viable interconnections. South Asia Regional Energy integration   With gradual harmonization of electricity codes and balancing mechanisms, and the strengthening of institutional cooperation, short-term transactions through OTC/bilateral and energy exchanges would become increasingly feasible. The SARI/EI Task For