Infrastructure investments for power trade and transmission in ASEAN+2: Costs, benefits, long-term contracts and prioritized developmentsYanfei Li and Youngho Chang () Energy Economics, 2015, vol. 51, issue C, 484-492 Abstract: This study establishes a systemic approach in assessing the feasibility of power infrastructure investment for GMS and APG in the ASEAN+2 (ASEAN plus China and India) region. It aims to identify the financial and finance-related institutional barriers of implementing such a regional power interconnection. A whole-system simulation model is built to assess the financial viability as well as commercial viability, which imply bankability for financiers and profitability for investors respectively, of new transmission projects under the optimized pattern of power trade. It also determines the optimized planning of new transmission capacities. According to our results, the existing development plan of power transmission infrastructure in the region, so called APG+, appears to stand as a financially and commercially viable plan. However, there is room for improvement in the planning in terms of timing, routes and capacity of the cross-border transmission lines and the GMS-related projects should be prioritized. Keywords: Cross-border power trade; Power infrastructure; Financial viability; Commercial viability (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:51:y:2015:i:c:p:484-492 DOI: 10.1016/j.eneco.2015.08.008 Access Statistics for this article Energy Economics is currently edited by R. S. J. Tol, Beng Ang, Lance Bachmeier, Perry Sadorsky, Ugur Soytas and J. P. Weyant More articles in Energy Economics from Elsevier |
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