Enhancing Regional Power Trade in Central Asia
In response to a request from Central Asian (CA) countries at the CAREC Energy Sector Coordination Committee meeting, held in March 2015 in Ulaanbaatar, Mongolia, the World Bank commissioned a study to estimate unrealized benefits from regional pow...
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World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/672501486549955103/Enhancing-regional-power-trade-in-Central-Asia http://hdl.handle.net/10986/26047 |
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okr-10986-260472021-05-25T08:57:22Z Enhancing Regional Power Trade in Central Asia World Bank energy trade power trade regional energy policy energy efficiency energy demand hydropower In response to a request from Central Asian (CA) countries at the CAREC Energy Sector Coordination Committee meeting, held in March 2015 in Ulaanbaatar, Mongolia, the World Bank commissioned a study to estimate unrealized benefits from regional power trade for the four Central Asian countries of Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan during the period from 2010 – 2014. The study was implemented by AF Mercados from October 2015 through June 2016. This report reviews the key findings of the AF Mercados Report, with further details to be found in the Report itself. The analysis was focused on power trade benefits aggregated at the regional level, as well as country-specific benefits. Three cases were considered, namely (i) benefits including fuel savings only at historic energy prices, (ii) benefits including both fuel savings and economic value of avoiding unserved energy at historic fuel prices, and (iii) benefits including fuel savings and the economic value of avoiding unserved energy with fuel costs estimated to be at “market” energy prices. The findings of the report, show that the benefits for the region could have amounted to nearly USD1.5 billion if only fuel savings were taken into account. Should economic value of avoiding unserved power demand be added to benefits, the benefits would have reached almost USD5.2 billion for historic energy prices and about USD6.4 billion for market energy prices. It’s worth noting that each country could also have benefited in any of the cases, except for Kyrgyzstan for the case of including fuel savings only. Furthermore, if the countries operated together, they could also save over USD 80 million annually, or USD 400 million during the period from 2010 -2014, by sharing the regional hydro resources to provide operating reserves, instead of purchasing reserves at current market prices from outside sources. 2017-02-13T21:45:50Z 2017-02-13T21:45:50Z 2016-07 Report http://documents.worldbank.org/curated/en/672501486549955103/Enhancing-regional-power-trade-in-Central-Asia http://hdl.handle.net/10986/26047 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Energy Study Economic & Sector Work Europe and Central Asia Central Asia Kazakhstan Kyrgyz Republic Tajikistan Uzbekistan |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
energy trade power trade regional energy policy energy efficiency energy demand hydropower |
| spellingShingle |
energy trade power trade regional energy policy energy efficiency energy demand hydropower World Bank Enhancing Regional Power Trade in Central Asia |
| geographic_facet |
Europe and Central Asia Central Asia Kazakhstan Kyrgyz Republic Tajikistan Uzbekistan |
| description |
In response to a request from Central
Asian (CA) countries at the CAREC Energy Sector Coordination
Committee meeting, held in March 2015 in Ulaanbaatar,
Mongolia, the World Bank commissioned a study to estimate
unrealized benefits from regional power trade for the four
Central Asian countries of Kazakhstan, Kyrgyzstan,
Tajikistan, and Uzbekistan during the period from 2010 –
2014. The study was implemented by AF Mercados from October
2015 through June 2016. This report reviews the key findings
of the AF Mercados Report, with further details to be found
in the Report itself. The analysis was focused on power
trade benefits aggregated at the regional level, as well as
country-specific benefits. Three cases were considered,
namely (i) benefits including fuel savings only at historic
energy prices, (ii) benefits including both fuel savings and
economic value of avoiding unserved energy at historic fuel
prices, and (iii) benefits including fuel savings and the
economic value of avoiding unserved energy with fuel costs
estimated to be at “market” energy prices. The findings of
the report, show that the benefits for the region could have
amounted to nearly USD1.5 billion if only fuel savings were
taken into account. Should economic value of avoiding
unserved power demand be added to benefits, the benefits
would have reached almost USD5.2 billion for historic energy
prices and about USD6.4 billion for market energy prices.
It’s worth noting that each country could also have
benefited in any of the cases, except for Kyrgyzstan for the
case of including fuel savings only. Furthermore, if the
countries operated together, they could also save over USD
80 million annually, or USD 400 million during the period
from 2010 -2014, by sharing the regional hydro resources to
provide operating reserves, instead of purchasing reserves
at current market prices from outside sources. |
| format |
Report |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Enhancing Regional Power Trade in Central Asia |
| title_short |
Enhancing Regional Power Trade in Central Asia |
| title_full |
Enhancing Regional Power Trade in Central Asia |
| title_fullStr |
Enhancing Regional Power Trade in Central Asia |
| title_full_unstemmed |
Enhancing Regional Power Trade in Central Asia |
| title_sort |
enhancing regional power trade in central asia |
| publisher |
World Bank, Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/672501486549955103/Enhancing-regional-power-trade-in-Central-Asia http://hdl.handle.net/10986/26047 |
| _version_ |
1764460810071965696 |