Purpose / Background
The rationale for regional cooperation and trade in energy cannot be further emphasized in the context of uneven distribution of energy resources across countries, continuous depletion of conventional, non-renewable energy and increasing demand for energy to fuel economic growth. This is further brought to fore when developmental and social objectives are aimed for: where energy security of one country can be addressed by power exchange with another; where access to electricity and modern fuel can be met by electricity outside the borders of one’s own; and, when there is economic sense to import rather than to produce the energy within one’s own system.
Geography, energy resource endowments and economic benefits lay the ground for cooperation and trade in energy. The challenge yet remains on how to bring this to fruition, sustain it and spread the benefits across all players.
At the end of the workshop, participants will:
- Be able to determine and address barriers (technical, policy, economic, political) to regional energy trade;
- Learn the variables that determine price and cost of energy in regional trade; and,
- Acquire the knowledge and tools in designing regional policy and regulation for regional energy trade.
- ADB's developing members from:
- Central Asia Regional Economic Cooperation
- Greater Mekong Subregion
- South Asia Subregional Economic Cooperation
- Pacific Region: Papua New Guinea and Timor-Leste
- Academe and research institutes
- Bilateral Institutions
- National grid companies
- Power utilities