Enhancing South Asia Power Trading
| DOI | 10.1177/0020881717713596 |
| Date | 01 October 2013 |
| Published date | 01 October 2013 |
| Author | Bhupendra Kumar Singh |
| Subject Matter | Articles |
Enhancing South Asia
Power Trading
Bhupendra Kumar Singh1
Abstract
South Asia has witnessed a growing imbalance between energy demand and
its supply from indigenous sources resulting in increased import dependence.
No South Asian country is going to be able to meet its energy needs entirely
from within its own domestic resources. Energy endowments differ among the
South Asian countries, and the countries in the region could benefit significantly
by strengthening mechanism of energy trade through improved connectivity.
Therefore, greater cooperation within South Asia could be one of the most
effective ways to deal with this regional energy deficit and ensure energy security
of the region. However, there are many issues which hamper power trading in
this region. The governments of the region would thus need to take an active
role in fostering cross-border energy investments and promotion of regional
energy trade in order to take full advantage of the energy resources available
within the region and its neighbourhood.
Keywords
Power trading, harmonization, regional cooperation, regulatory framework,
hydropower potentials, political decisions, border
Introductions
Energy security is one of the critical issues for the entire South Asian region.
The economies of South Asia are growing rapidly. The South Asian region,
already a home to nearly a fourth of world’s population, will add 600 million new
inhabitants by 2050. While per capita energy consumption in South Asia is far
below the global average, it is likely to grow rapidly in near future. Any of these
Article
International Studies
50(4) 273–286
2017 Jawaharlal Nehru University
SAGE Publications
sagepub.in/home.nav
DOI: 10.1177/0020881717713596
http://isq.sagepub.com
1 Director & Head, Energy Security, Confederation of Indian Industry, New Delhi, India.
Corresponding author:
Bhupendra Kumar Singh, Director & Head, Energy Security, Confederation of Indian Industry,
New Delhi, India.
E-mail: bhupendra.kr.singh@gmail.com
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