Tag: power trading

Cross-border electricity trade gains traction in South Asia

CBET is crucial from the viewpoint of en­ergy security in the South Asian re­gi­on, especially in light of the current geo­poli­tical scenario. Following Russia’s invasion of Ukraine, global prices of fu­els such as gas and coal have surged, adversely im­pa­cting the energy security in countries he­a­vily dependent on imported fossil fu­els for electricity. A case in point is Bang­la­desh, which has been suffering energy sh­ortages for the past several months. Be­­sides this, several other factors make CBET attractive in South Asia.

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Southeast Asia’s Integrated Grid Progressing; Downside Risks For Potential Connection With Australia

Laos’ status as a key supplier of electricity for the Southeast Asian electricity demand will be cemented over the coming years, as developments for an integrated power grid progresses, increasing electricity trade in the region. Laos’ cross-border electricity grid is extensive, connecting its national grid to all five of its adjacent markets (Cambodia, Mainland China, Myanmar, Thailand and Vietnam). 

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Toward Sustainable Energy Connectivity in APAC: Report

ESCAP’s 2022 Regional Trends Report examines the role of power system connectivity in attaining the energy transition. It presents the current status of sustainable development and regional power connectivity in the Asia-Pacific region, pointing out progress and prospects; and it provides insights into where action is most needed, highlighting regional and non-regional examples of successful approaches.

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Singapore’s clean electricity success rests on support from exporting nations

Singapore’s serious commitments to shift its energy dependency from natural gas power imports could be at stake. This is due to Indonesia’s lack of clarity on power export regulations and Malaysia’s ban on renewable energy exports. This could all jeopardize Singapore’s ambitions. The GW export market to Singapore along with the recent 2.3 GWp rooftop solar commitment from local C&I installers could present a potential solution for the lack of domestic market growth.

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Cross-Border Electricity Trading for Tajikistan: A Roadmap

The central purpose of this report is to guide policy making at all levels to facilitate effective cross-border integration of electricity markets to the benefit of Tajikistan as well as the region. This report can serve as a roadmap to support the Tajikistan’s National Development Strategy for 2030, which includes goals to export at least 10 TWh of its hydropower generation and to undertake reforms to improve the performance and sustainability of its power sector.

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China Kicks off its Green Electricity Trading

On 7 September 2021, China launched its green power trading pilot – a remarkable step towards energy sector low-carbon transition and moreover, a milestone towards its 2060 carbon-neutral pledge to the world. It is reported more than 250 domestic and international companies participated in the trade on the first day with a trading volume of 7.9 TWh of green power, accounting for over 1% of the total amount of green power China generated in 2020.

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