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Importance of Cross-Border Electricity Trading in Bangladesh Energy Sector

Energy Cooperation with India, Bhutan and Nepal Can Explore the Hydropower Potentials in Bangladesh and Ensure Future Energy Security
  • Sakib Bin AminEmail author
  • Saanjaana Rahman
Chapter

Abstract

Since there are complementarities in demand for electricity and resource endowments, which is a result of having diverse primary energy sources and differences in seasonal patterns of electricity availability and requirements, the strengthening of cross-border electricity cooperation within the South Asian region can be a revolutionary answer to ensuring sufficient and reliable electricity availability within the regional nations. Bangladesh should import electricity out of such hydropower generation through the power interconnections with neighbouring countries for a stable base load supply, energy fuel diversification and climate change mitigation. Currently, the arrangements for power transmission and trade are usually bilateral, mainly involving two governments with minimal involvement of the private sectors. However, as bilateral trade increases, expanded participation by third parties also can grow. One such example is efforts to develop power trade between Nepal and Bangladesh with India as a transit country.

Keywords

Cooperation Hydropower Energy Electricity Trading Power Bangladesh India Bhutan Nepal 

References

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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  1. 1.School of Business and EconomicsNorth South UniversityDhakaBangladesh

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