Inviting applications for the SAREP Grants Annual Program Statement (APS) – FY2024. For more information click Here.

Regional Power Trade and Markets

The concept of super grids, which connect regional grids in a larger geographical area, is seen as an effective solution for meeting increasing energy demands, integrating renewable energy, and ensuring energy security.

As transnational and regional grids become more important, there is a growing need for cross-border transmission connections, coordinated system operations, and integrated electricity markets worldwide. This also requires the harmonization of policies, regulatory and legal frameworks, operational procedures, and the development of regional power markets to ensure the efficient operation of interconnected grids. Another crucial aspect of super/regional grid development is the establishment of regional institutions involving system planning and power system operation entities.

To bring together industry experts and to advance actions towards energy transition and security, the United States Agency for International Development (USAID), under its South Asia Regional Energy Partnership (SAREP) program, in partnership with the India Smart Grid Forum (ISGF), organized a session titled ‘Super Grids for Energy Transition and Energy Security Solutions- Cross Border Electricity Trade in South Asia and Interconnection of Regional Grids in Asia’ on March 14, 2024, during India Smart Utility Week 2024, at the Hotel Lalit in New Delhi.

The session was moderated by Monali Zeya Hazra, Regional and Clean Energy Specialist, Indo-Pacific Office, USAID India. It saw the participation of South Asian stakeholders in the cross-border electricity trade who explored how super/regional grids facilitate the integration of renewable energy sources, aiding the transition to a low-carbon future. They also addressed technological innovations, economic benefits, regulatory frameworks, security measures, and challenges in the development and interconnection of super/regional grids within the GCC-South Asia-ASEAN region.

The session has set the stage for future collaboration towards building interconnected grids across Asia.

Agenda:

April 1, 2024

Super Grids for Energy Transition and Energy Security – Cross Border Electricity Trade in South Asia and Interconnection of Regional Grids in Asia at India Smart Utility Week 2024

The concept of super grids, which connect regional grids in a larger geographical area, is seen as an effective solution for meeting increasing energy demands, integrating renewable energy, and ensuring […]
March 6, 2024

Workshop on International Best Practice on Business and Financial Models for Developing Cross-Border Electricity Transmission Infrastructure

South Asia (SA) Countries (SACs) are uniquely placed to achieve their clean energy transformation goals. The region has tremendous hydro potential (~350 GW) and significant solar (>1000 GW) and wind […]
February 28, 2024

South Asia Energy Series: Mitigating Power Market Risks with Electricity Derivatives

The USAID through the South Asia Regional Energy Hub (SAREH) (also referred as the “Hub”), organized an online session as part of the South Asia Energy Series on Electricity Derivatives […]
January 9, 2024

Regional Virtual Training Session on Real Time Market (RTM) participation preparedness

On December 15, 2023, USAID’s South Asia Regional Energy Partnership (SAREP) program, organized a Regional Virtual Training Session on Real Time Market (RTM) participation preparedness. The training session addressed the […]
December 8, 2023

South Asia Energy Series: Energy Data Analytics for Decision Making in Power Sector

The South Asia Regional Energy Hub (SAREH) in collaboration with Industry experts and market leaders organized the virtual South Asia Energy Series – Energy Data Analytics for Decision Making in […]
December 6, 2023

Knowledge Sharing Sessions on Deviation Settlement Mechanism (DSM) and Reactive Power Management

Knowledge Sharing Sessions on Deviation Settlement Mechanism (DSM) and Reactive Power Management were conducted over 4 sessions by USAID’s South Asia Regional Energy Partnership (SAREP) program on November 20, 21, […]
October 18, 2023

Knowledge Sharing Workshop on Cross Border Electricity Trade (CBET)

Cross Border Electricity Trade (CBET) can be transformative for energy cooperation in South Asia. The Knowledge Sharing Workshop on Cross Border Electricity Trade (CBET), organized by USAID’s South Asia Regional […]
October 18, 2023

11th Meeting of SAREP Task Force-3 on ‘South Asia Regional Electricity Market’

A vibrant, competitive, fair and transparent South Asia Regional Electricity Market will further enhance the South Asia power sector competitiveness, streamline investments, making it lucrative for investors who seek fair, […]
October 17, 2023

11th Meeting of SAREP Task Force-1 on ‘Coordination of Policies, Legal and Regulatory Frameworks for Cross Border Electricity Trade’

The 11th Meeting of the South Asia Regional Energy Partnership (SAREP) Task Force-1 (TF-1) convened in Colombo, Sri Lanka on October 9 and 10, 2023, marking a significant step towards […]