With India providing leadership for integration of regional grid at the highest level with ‘One Sun, One World, One Grid’ the need for multi-country transmission, interconnection, and integration of regional energy markets has increased.
With its focus on advancing regional energy market integration and enhancing regional energy cooperation, USAID seeks to facilitate regional grid interconnections in the Asia Pacific region.
USAID, through its SAREP program, along with the European Union organised a high-level roundtable on ‘Interconnection of Regional Grids in Asia – Cross Border Electricity Trade across Regions- GCC Grid – South Asia Grid – ASEAN Grid’, at the India Smart Utility Week (ISUW) 2023, organized by India Smart Grid Forum (ISGF).
The session included high-level speakers from South Asia to discuss inter-regional grid connectivity and power market integration and cooperation.
In Session 1, technical experts from South Asia discussed how to integrate regional grids to harness the full potential of Renewable Energy across the GCC, South Asia and ASEAN region.
In Session 2 of the high-level roundtable, regulators & regulatory experts discussed harmonizing regulations to enhance cross border electricity trade, CBET & talked about institutional & regulatory experiences.
Monali Zeya Hazra, Regional Energy and Clean Energy Specialist, Energy Division- Indo Pacific Office, USAID, India highlighted how USAID is working for a clean energy future by encouraging power exchange, regional interventions, consensus building and transmission interconnection. She spoke about the relevance of a large, interconnected grid and how it will help to support power markets.
Reji Kumar Pillai, President, India Smart Grid Forum, speaking in the inaugural session highlighted the importance of inter-regional power market and how it is a vital platform to bring various stakeholders together.
Improving regional energy trade is an important part of USAID’s SAREP program, which aims to facilitate 4 TWh of CBET and improve regional energy cooperation and transmission interconnection in its five-year duration.
Agenda and Concept Note: