Author
ANBHUMOZHI, VENKATACHALAM - Asian Institute Of Technology | |
BREILING, MEINHARD - Austrian Agency For Health And Food Safety Ltd (AGES) | |
Reddy, Vangimalla |
Submitted to: Complete Book
Publication Type: Book / Chapter Publication Acceptance Date: 7/1/2019 Publication Date: 12/27/2019 Citation: Anbhumozhi, V., Breiling, M., Reddy, V. 2019. Advancing disaster resilience and climate change adaptation: Roadmap and options for implementation - Volume 2. Complete Book. p3:30. Interpretive Summary: Energy is a common thread that connects multiple areas of sustainable development of countries and sub-regions in Asia. In the drive to trigger and consolidate inclusive development, the North Eastern Region (NER) of India offers great potential as an electricity trading hub. This report analyses the multiple benefits of connecting the NER with neighboring economies through cross-border energy trade. Supply and demand analysis under different connectivity scenarios shows that not only would NER-India be able to fully utilize the economic benefits of energy connectivity, but neighboring counties like Bangladesh, Bhutan, and Myanmar could also keep carbon emission in check by importing reliable and cost-effective renewable energy sources. In addition, those countries can reduce the energy security risks of serious supply gaps arising in the dry seasons. To harness the untapped energy potentials and make NER a robust economic growth pole, this report recommends initiating multi-layered interdisciplinary dialogue on tariffs and consultations on investment cooperation amongst the various stakeholders and development partners, both within NER states and outside India. Technical Abstract: Energy is a common thread that connects multiple areas of sustainable development of countries and sub-regions in Asia. In the drive to trigger and consolidate inclusive development, the North Eastern Region (NER) of India offers great potential as an electricity trading hub. This report analyses the multiple benefits of connecting the NER with neighboring economies through cross-border energy trade. Supply and demand analysis under different connectivity scenarios shows that not only would NER-India be able to fully utilize the economic benefits of energy connectivity, but neighboring counties like Bangladesh, Bhutan, and Myanmar could also keep carbon emission in check by importing reliable and cost-effective renewable energy sources. In addition, those countries can reduce the energy security risks of serious supply gaps arising in the dry seasons. To harness the untapped energy potentials and make NER a robust economic growth pole, this report recommends initiating multi-layered interdisciplinary dialogue on tariffs and consultations on investment cooperation amongst the various stakeholders and development partners, both within NER states and outside India. |