Regional Power Trade: Toward a Green, Clean and Energy-Secure South Asia

South Asia has more than a quarter of the world’s off-the-grid population — roughly 255 million people (2016). The economic costs of power distortions is estimated at 4-7 % of the region’s GDP. Even as South Asia is improving access to electricity, demand for power is expected to double in this decade. With a growing energy demand and increasing emphasis on sustainable energy, enhanced regional cooperation is critical to boost energy security and overall climate-resilience in South Asia. Cross-border cooperation and interconnected power grids can lower energy costs, improve reliability, and reduce carbon emissions at lower-cost, while increasing the share of and synergies among clean energy resources, particularly hydro, wind and solar. Join the live discussion with leading voices from the South Asian region to explore collaborative pathways for developing sustainable, accessible, and reliable power systems in the region and the challenges it incurs. Learn more: https://live.worldbank.org/regional-power-trade-towards-green-clean-and-energy-secure-south-asia?cid=ECR_YT_Worldbank_EN_EXT

️🗣️ Speakers
- Hartwig Schafer, Vice President, South Asia Region, World Bank Group
- Dasho Chhewang Rinzin, Managing Director, Druk Green Power Corporation Limited, Bhutan
- Kul Man Ghising, MD, Nepal Electricity Authority
- Mahua Acharya, MD and CEO, Convergence Energy Services Limited, India
- Nicholas Padgalskas, CFO, Summit Power International. Bangladesh
- Moderator: Cecile Fruman, Director, Regional Integration and Engagement in South Asia, World Bank

📑 Agenda
00:00 Welcome and introductions
02:41 Ensuring energy-security and clean energy transition in South Asia
08:53 Expansion of energy systems in Nepal and scope of regional energy trade
21:06 Role of India in regional power trade and opportunities of renewable
25:25 Regional energy trade in Bhutan. The potential of hydropower energy.
30:34 Role of private sector in ensuring energy resilience in Bangladesh
36:45 The future of energy market: Drivers for more integrated markets in South Asia
40:24 Regional energy trade: High investments in hydropower and associated risks
44:48 Challenges for private sector and role of public-private partnership
52:44 Experiences from other regions on efficient markets
1:01:10 Combining hydro and solar projects: Exploring new markets
1:05:15 Vision for greater regional energy trade: Setting up a regional energy grid
1:12:37 Role of renewables and decarbonizing economies in energy trade
1:17:00 Aspirational changes in regional energy trade
1:21:46 Summarizing and closing remarks

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