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Title: Cross-Border Electricity Trading and Renewable Energy Zones

Abstract

India's national renewable energy zones for wind power and solar photovoltaics (PV) could become regional green power resources if South Asian countries liberalize their rules for cross-border energy trading (CBET). Similarly, Nepal's wealth of hydropower could be more valuable to Nepal and its neighbors with greater market integration. These are the findings of a study by the U.S. National Renewable Energy Laboratory (NREL) that tested trading scenarios for wind power, solar power, and hydropower among Bangladesh, India, Nepal, and Sri Lanka. The NREL study found that wheeling power through India's interstate transmission system (ISTS) could be just as efficient operationally as building new high-voltage direct current (HVDC) lines from the renewable energy zones directly to the importing country. This means that CBET integration could substitute for new long-distance HVDC transmission - which could cost billions of dollars - while delivering to all participating countries the same benefits for renewable energy development and decarbonization.

Authors:
 [1];  [1];  [1]
  1. National Renewable Energy Lab. (NREL), Golden, CO (United States)
Publication Date:
Research Org.:
National Renewable Energy Lab. (NREL), Golden, CO (United States)
Sponsoring Org.:
US Department of State (DOS)
OSTI Identifier:
1659966
Report Number(s):
NREL/TP-6A20-76919
MainId:24882;UUID:e49aaec7-8d1f-4c30-a04f-bf021d119006;MainAdminID:13702
DOE Contract Number:  
AC36-08GO28308
Resource Type:
Technical Report
Country of Publication:
United States
Language:
English
Subject:
Bangladesh; Bhutan; CBET; Central Asian Affairs; cross border electricity trading; India; Nepal; renewable energy zones; REZ; Sri Lanka

Citation Formats

Joshi, Mohit Chandra, Hurlbut, David J., and Palchak, David. Cross-Border Electricity Trading and Renewable Energy Zones. United States: N. p., 2020. Web. doi:10.2172/1659966.
Joshi, Mohit Chandra, Hurlbut, David J., & Palchak, David. Cross-Border Electricity Trading and Renewable Energy Zones. United States. https://doi.org/10.2172/1659966
Joshi, Mohit Chandra, Hurlbut, David J., and Palchak, David. 2020. "Cross-Border Electricity Trading and Renewable Energy Zones". United States. https://doi.org/10.2172/1659966. https://www.osti.gov/servlets/purl/1659966.
@article{osti_1659966,
title = {Cross-Border Electricity Trading and Renewable Energy Zones},
author = {Joshi, Mohit Chandra and Hurlbut, David J. and Palchak, David},
abstractNote = {India's national renewable energy zones for wind power and solar photovoltaics (PV) could become regional green power resources if South Asian countries liberalize their rules for cross-border energy trading (CBET). Similarly, Nepal's wealth of hydropower could be more valuable to Nepal and its neighbors with greater market integration. These are the findings of a study by the U.S. National Renewable Energy Laboratory (NREL) that tested trading scenarios for wind power, solar power, and hydropower among Bangladesh, India, Nepal, and Sri Lanka. The NREL study found that wheeling power through India's interstate transmission system (ISTS) could be just as efficient operationally as building new high-voltage direct current (HVDC) lines from the renewable energy zones directly to the importing country. This means that CBET integration could substitute for new long-distance HVDC transmission - which could cost billions of dollars - while delivering to all participating countries the same benefits for renewable energy development and decarbonization.},
doi = {10.2172/1659966},
url = {https://www.osti.gov/biblio/1659966}, journal = {},
number = ,
volume = ,
place = {United States},
year = {2020},
month = {7}
}