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Renewable energy integration into grid systems and cross-border
energy trade has been the focus of many scholars, researchers, and
leaders in the energy, economics and sustainability fields as
evidence, particularly in Europe and America, tend to show the
economic, environmental, and social benefits from such energy
market integration. Regions endowed with plenty of renewable energy
resources such as The Association of Southeast Asian Nations
(ASEAN) and North-East Region (NER) of India – which aim to
achieve more integrated markets, need to address the issue of
renewable energy integration and cross border energy trade in a
more explicit way as it could be a main driving force for
sustainable development. This book provides analytical perspectives
on drivers, constraints, opportunities and barriers, as well as
measures that countries could take to address issues -- from
institutional, financial, and human resources -- to realise the
potential benefits from renewable energy trade, inter-grid
connectivity and other market integration mechanisms. Given its
rich natural resource base and strategic location, the NER has the
potential to become a powerhouse in terms of energy, trade, and
investment. The essays suggests ways for NER India and ASEAN to
maximize the amount and value of renewable energy in its
electricity system and its impact on cross-border energy trade. By
examining successful international experiences from ASEAN,
Australia, Europe, and North America as lessons learned, it
identifies the necessary conditions - grid flexibility, policy,
market and regulatory solutions for clean energy trade. The book
adds to existing research on low carbon development as well as
policy making by focusing on renewable energy integration across
the borders, rather than at the national level while addressing
power system flexibility challenges, solutions and priorities
needed at national level. This detailed and timely volume will be
of use to those working in the fields of Climate Change,
Environment & the Global South, Environmental Politics,
Environment & Resources, Environment and Sustainability,
Politics & International Relations, and Energy Trade.
Renewable energy integration into grid systems and cross-border
energy trade has been the focus of many scholars, researchers, and
leaders in the energy, economics and sustainability fields as
evidence, particularly in Europe and America, tend to show the
economic, environmental, and social benefits from such energy
market integration. Regions endowed with plenty of renewable energy
resources such as The Association of Southeast Asian Nations
(ASEAN) and North-East Region (NER) of India – which aim to
achieve more integrated markets, need to address the issue of
renewable energy integration and cross border energy trade in a
more explicit way as it could be a main driving force for
sustainable development. This book provides analytical perspectives
on drivers, constraints, opportunities and barriers, as well as
measures that countries could take to address issues -- from
institutional, financial, and human resources -- to realise the
potential benefits from renewable energy trade, inter-grid
connectivity and other market integration mechanisms. Given its
rich natural resource base and strategic location, the NER has the
potential to become a powerhouse in terms of energy, trade, and
investment. The essays suggests ways for NER India and ASEAN to
maximize the amount and value of renewable energy in its
electricity system and its impact on cross-border energy trade. By
examining successful international experiences from ASEAN,
Australia, Europe, and North America as lessons learned, it
identifies the necessary conditions - grid flexibility, policy,
market and regulatory solutions for clean energy trade. The book
adds to existing research on low carbon development as well as
policy making by focusing on renewable energy integration across
the borders, rather than at the national level while addressing
power system flexibility challenges, solutions and priorities
needed at national level. This detailed and timely volume will be
of use to those working in the fields of Climate Change,
Environment & the Global South, Environmental Politics,
Environment & Resources, Environment and Sustainability,
Politics & International Relations, and Energy Trade.
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