Tag: south asia

Beyond Borders: CBET developments to enhance South Asian regional energy security

Cross-border electricity trade (CBET) is emerging as a key driver of regional energy integration in South Asia. It is fuelled by low per capita electricity consumption, power shortages, poor access to electricity and uneven distribution of energy resources. By leveraging seasonal and resource complementarities across countries, CBET enables optimal utilisation of generation capacity, avoids power wastage and curtailment, and enhances energy security. At a time when global energy security concerns are rising and the clean energy transition is accelerating, CBET presents an opportunity to enhance renewable energy integration, improve grid stability and reduce dependence on imported fossil fuels.

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Support Needed: Renewables could help Bangladesh overcome power sector woes

Nobody could imagine that the load-shedding would resurface in Bangladesh with a vengeance just months after the declaration of 100 per cent electricity access in March 2022. While the ongoing sufferings are due to an energy and power crunch, renewable energy can help Bangladesh manage the situation better in the foreseeable future. But for this, government support is indispensable to expanding renewable energy in Bangladesh.

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Scaling Up: Overview of potential and key developments in small hydro sector

The geographically diverse South Asian region is rich in a variety of renewable energy sources including small hydro. Small hydro projects offer many benefits when compared to large hydro projects in terms of lower capex costs, smaller gestation periods and less environment concerns. The following article provides a wrap up on the key developments across the different South Asian countries in the small hydro space.

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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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