The Value of Trade and Regional Investments in The Pan-Arab Electricity Market : Integrating Power Systems and Building Economies

Energy demand in Arab countries continues to grow at a higher rate than economic growth. Meeting national electricity demand and exploiting their significant renewable energy resources (particularly, solar and wind) in a sustainable manner is a com...

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Main Author: World Bank
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/undefined/517361636725116002/The-Value-of-Trade-and-Regional-Investments-in-The-Pan-Arab-Electricity-Market-Integrating-Power-Systems-and-Building-Economies
http://hdl.handle.net/10986/36614
id okr-10986-36614
recordtype oai_dc
spelling okr-10986-366142021-11-23T05:10:46Z The Value of Trade and Regional Investments in The Pan-Arab Electricity Market : Integrating Power Systems and Building Economies World Bank POWER SECTOR ELECTRICITY TRADE REGIONAL INTEGRATION POWER MARKET MASHREQ MAGHREB ELECTRICITY PLANNING MODEL GREENHOUSE GAS EMISSIONS ENERGY EFFICIENCY Energy demand in Arab countries continues to grow at a higher rate than economic growth. Meeting national electricity demand and exploiting their significant renewable energy resources (particularly, solar and wind) in a sustainable manner is a common challenge across all Arab countries. A number of analyses have pointed out that such countries would benefit greatly from the increased integration of their power systems, and the resulting opportunities for electricity trade. This study quantifies the potential economic benefits that a Pan-Arab Electricity Market (PAEM) could bring if the countries across the Middle East and North Africa (MENA) were engaged in full electricity trade on a commercial basis. The World Bank’s Electricity Planning Model (EPM) was used to prepare the region’s least-cost capacity expansion and dispatch scenarios optimizing the regional power systems in the period 2018–2035. 2021-11-22T14:10:49Z 2021-11-22T14:10:49Z 2021-10 Working Paper http://documents.worldbank.org/curated/undefined/517361636725116002/The-Value-of-Trade-and-Regional-Investments-in-The-Pan-Arab-Electricity-Market-Integrating-Power-Systems-and-Building-Economies http://hdl.handle.net/10986/36614 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research Middle East and North Africa Middle East North Africa
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic POWER SECTOR
ELECTRICITY TRADE
REGIONAL INTEGRATION
POWER MARKET
MASHREQ
MAGHREB
ELECTRICITY PLANNING MODEL
GREENHOUSE GAS EMISSIONS
ENERGY EFFICIENCY
spellingShingle POWER SECTOR
ELECTRICITY TRADE
REGIONAL INTEGRATION
POWER MARKET
MASHREQ
MAGHREB
ELECTRICITY PLANNING MODEL
GREENHOUSE GAS EMISSIONS
ENERGY EFFICIENCY
World Bank
The Value of Trade and Regional Investments in The Pan-Arab Electricity Market : Integrating Power Systems and Building Economies
geographic_facet Middle East and North Africa
Middle East
North Africa
description Energy demand in Arab countries continues to grow at a higher rate than economic growth. Meeting national electricity demand and exploiting their significant renewable energy resources (particularly, solar and wind) in a sustainable manner is a common challenge across all Arab countries. A number of analyses have pointed out that such countries would benefit greatly from the increased integration of their power systems, and the resulting opportunities for electricity trade. This study quantifies the potential economic benefits that a Pan-Arab Electricity Market (PAEM) could bring if the countries across the Middle East and North Africa (MENA) were engaged in full electricity trade on a commercial basis. The World Bank’s Electricity Planning Model (EPM) was used to prepare the region’s least-cost capacity expansion and dispatch scenarios optimizing the regional power systems in the period 2018–2035.
format Working Paper
author World Bank
author_facet World Bank
author_sort World Bank
title The Value of Trade and Regional Investments in The Pan-Arab Electricity Market : Integrating Power Systems and Building Economies
title_short The Value of Trade and Regional Investments in The Pan-Arab Electricity Market : Integrating Power Systems and Building Economies
title_full The Value of Trade and Regional Investments in The Pan-Arab Electricity Market : Integrating Power Systems and Building Economies
title_fullStr The Value of Trade and Regional Investments in The Pan-Arab Electricity Market : Integrating Power Systems and Building Economies
title_full_unstemmed The Value of Trade and Regional Investments in The Pan-Arab Electricity Market : Integrating Power Systems and Building Economies
title_sort value of trade and regional investments in the pan-arab electricity market : integrating power systems and building economies
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/undefined/517361636725116002/The-Value-of-Trade-and-Regional-Investments-in-The-Pan-Arab-Electricity-Market-Integrating-Power-Systems-and-Building-Economies
http://hdl.handle.net/10986/36614
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