Concept Note - June 30- July 1, 2024, Dhaka, Bangladesh

Due to the immense diversity that exists among the South Asian nations, trilateral and multilateral power trade has the potential to accrue more benefits in terms of higher trade volumes, lower installed capacity and optimization of investment cost, lesser reserve capacity due to sharing of reserves, reduced CO2 emission and overall regional cost optimization and economies of scale. [...] Going in future, fully regional and multilateral power trade can be expected in the region preferably through a common regional trading platform and establishment of South Asia Regional Power Pool or similar regional market design/structure as seen/observed in the case of other regions of the globe. [...] In this backdrop, the South Asia Group on Energy (SAGE) at RIS along with South Asia Regional Energy Partnership (SAREP) Program of USAID aims to organise a Workshop on “Transforming Cross Border Electricity Trade and Regional Electricity Market for an Energy Secure South Asia.” This cooperation of SAGE-RIS and USAID, India plans to promote, initiate, and facilitate effective policy dialogue and c. [...] Objective of the Regional Workshop: To provide a platform for dialogue, discussion, exchange of ideas and deliberation on: ❖ Energy Security Challenges of South Asian (SA) Countries ❖ Perspective role of Cross Border Electricity Trade (CBET) and development of a Robust, Competitive Regional Electricity Market for enhancing Regional Energy Security in SA. [...] Expected Outcomes of the Regional Workshop: The event is expected to enhance knowledge sharing and improved understanding and awareness of I) Energy Security Challenges of South Asian Countries ii) Opportunities and Challenges and Role of Cross Border Electricity Trade (CBET) and development of a Robust, Competitive Regional Electricity Market for enhancing Regional Energy Security iii) Internatio.