Tag: south asia

Lighting up South Asian economies and building an integrated regional power market

The South Asian countries have been engaged in cross-border electricity trade (CBET) for over a decade now through bilateral transactions. The South Asian region presents a great opportun­ity to link economies through an integrated regional power market, which re­quires strengthening transmission co­n­nectivity and access, thereby facilitating energy security and helping achieving greater economic prosperity.

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Green Potential: Market overview and opportunities for South Asia

Governments in South Asia have been committing more towards renewable energy in their national policy targets, but further efforts are required to develop the enabling policies, institutions and market to attract more investments. Covid-19 stimulus packages for the energy sector should not only be centred around clean energy but also be accompanied by market mechanisms that would incentivise investors and unpack the technological potential of integrating more renewable energy into the grid.

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Myanmar’s Hydropower Sector To Stay Afloat Amid Turbulent Market Conditions

We expect hydropower capacity in Myanmar to have a weakened growth over the coming years, due to uncertain prospects of projects, investors withdrawing from the market and continuous protests from locals and environmental activists. Despite uncertain prospects for new hydropower projects, we forecast hydropower generation to surpass thermal generation, following announcements of gas power plants reducing operations.

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South Asia – Ripe for Closure of Fossil Fuel Plants

This research report “South Asia: Ripe for Closure- Accelerating the energy transition and saving money by reducing excess fossil fuel capacity” has been prepared by the The Centre for Research on Energy and Clean Air in collaboration with TransitionZero. The report looks at electricity demand and supply in key South Asian countries – Pakistan, India, and Bangladesh.

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Bangladesh commissions largest solar park in the country

Malaysian developer Ditrolic Solar Group has announced that it has commissioned the largest solar plant in Bangladesh. The project has a capacity of 73.1 MW and is located in the Mymensingh district, 100 km north of Dhaka. The solar plant is signed under a 20-year power purchase agreement with the Bangladesh Power Development Board. It was built with an investment of around $90 million and will supply power to the Power Grid Company of Bangladesh at an unspecified tariff.

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South Korea to allow C&I and residential consumers to purchase renewable energy under RE100 initiative

The Ministry of Trade, Industry, and Energy of South Korea has announced the sanctioning of the purchase of electricity from renewable sources by industrial and general electric consumers as part of the RE100 initiative. The parties must register at the Korea Energy Agency and the electricity will be procured through self-generation, green premium system, third party power purchase agreement, or the purchase of renewable energy certificates.

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Cross-border power market in South Asia

While India is coal dominated at present, it is moving towards renewable power. Afghanistan is hydro dominated and is mainly an importer of electricity. Bhutan is the only country in South Asia where electricity is the main export commodity. Meanwhile, Bangladesh is mainly gas dominated, but faces several resource constraints.

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