How Would Cross-Border Electricity Trade Stimulate Hydropower Development in South Asia?
This study examines the importance of enhancing the cross-border transmission interconnections and regional electricity trade to promote hydropower in the South Asia region and quantifies the potential of hydropower development and trade under alte...
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/714401531237858109/How-would-cross-border-electricity-trade-stimulate-hydropower-development-in-South-Asia http://hdl.handle.net/10986/29986 |
| Summary: | This study examines the importance of
enhancing the cross-border transmission interconnections and
regional electricity trade to promote hydropower in the
South Asia region and quantifies the potential of hydropower
development and trade under alternative scenarios. While
South Asia is endowed with large (> 350 gigawatts)
hydropower potential, only around 20 percent has been
exploited so far. This study shows that development of
regional electricity markets through expanded cross-border
transmission interconnections and regional electricity trade
agreements is needed to benefit the region from the
exploitation of the untapped hydropower resources. It also
finds that development of hydropower in the region would
increase by 2.7 times over the next two decades if the
region could facilitate an unconstrained flow of electricity
across the borders in South Asia. If a moderate carbon tax
is added on top of that, hydropower capacity in 2040 could
be more than three times as high as the current level. |
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