Power Grid Interconnections in East Asia: Investment in Several Key Projects Are Well Justified
Date:
28 January 2016Category:
Innovation and Technology, Industry and Manufacturing, Finance and Macroeconomy, InvestmentType:
Policy BriefsTags:
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Abstract
The recent ERIA report on 'Effective Power Infrastructure Investment through Power Grid Interconnections in East Asia' aims to support existing initiatives--the ASEAN Power Grid and Greater Mekong Subregion Power Master Plan--by quantitatively showing the possible economic and environmental benefits of such power grid interconnections. The study team selected specific candidate routes of cross-border transmission lines for further examination. They carried out the preliminary project planning and per kilowatt-hour cost estimation for the selected cross-border lines. The estimated results indicate that although these are capital-intensive projects, attainable benefits seem to be large enough to justify the investment well.