World Bank2014-03-312014-03-312010-06https://hdl.handle.net/10986/17507Developing countries are increasingly pursuing and benefitting from regional power system integration (RPSI) as an important strategy to help provide reliable, affordable electricity to their economies and citizens. Increased electricity cooperation and trade between countries can enhance energy security, bring economies-of-scale in investments, facilitate financing, enable greater renewable energy penetration, and allow synergistic sharing of complementary resources. This briefing note draws from the experiences of RPSI schemes around the world to present a set of findings to help address these challenges. It is based on case studies of 12 RPSI projects and how they are dealing with key aspects of RPSI, such as: (i) finding the right level of integration; (ii) optimizing investment on a regional basis; (iii) appropriate regional institutions (iv) technical and regulatory harmonization; (v) power sector reform and integration (vi) the role of donor agencies (vii) reducing emissions through RPSI; and (viii) RPSI and renewable energy.en-USCC BY 3.0 IGOACCESS TO ELECTRICITYAPPROACHARREARSAUCTIONSBANK LOANSBARRIERBORDER ELECTRICITY TRADEBORDER TRADECAPACITY BUILDINGCARBONCARBON DIOXIDECARBON EMISSIONCARBON EMISSIONSCDCLEAN POWERCLIENT COUNTRIESCLIMATECLIMATE CHANGECOCOALCOMMERCIAL BANKSCOMMON MARKETCOMPETITIVE INVESTMENTCOMPETITIVE MARKETSCONGESTION MANAGEMENTCONTRACT PRICESCOST RECOVERYCOST REDUCTIONSCOST STRUCTURESCOUNTRY MARKETSCREDIBILITYCREDIT AGENCIESCURRENCYDEBTDEFICITSDEVELOPING COUNTRIESDEVELOPING COUNTRYDEVELOPMENT BANKDIESELDIESEL GENERATORSDOMESTIC ENERGYDOMESTIC ENERGY RESOURCESDOMESTIC MARKETDOMESTIC SUPPLYDROUGHTECONOMIC CRISISECONOMIC DEVELOPMENTECONOMIC FACTORSECONOMIC GROWTHELECTRICAL SYSTEMELECTRICITYELECTRICITY GENERATIONELECTRICITY MARKETELECTRICITY SECTORELECTRICITY SUPPLYELECTRICITY SYSTEMSELECTRICITY TARIFFSELECTRIFICATIONEMISSIONEMISSION REDUCTIONSEMISSION SAVINGSEMISSIONSEMISSIONS REDUCTIONEMPLOYMENTENERGY EFFICIENCYENERGY MARKETSENERGY SUPPLYENVIRONMENTAL IMPACTESCALATION FORMULAEXPANSION OF GENERATION CAPACITYEXPORT CREDITEXPORTERFINANCIAL INSTITUTIONFINANCIAL INSTITUTIONSFINANCIAL INSTRUMENTFINANCIAL MANAGEMENTFINANCIAL MANAGEMENT CAPACITYFINANCIAL SHOCKFINANCIAL SUSTAINABILITYFOREIGN INVESTMENTFOSSILFOSSIL FUELFOSSIL FUEL POWERGENERATING CAPACITYGENERATIONGENERATION CAPACITYGENERATION COSTSGHGGOVERNMENT BUDGETGREEN POWERGREENHOUSEGREENHOUSE GASGROSS DOMESTIC PRODUCTHARMONIZATIONHOLDINGHOME COUNTRYHOST COUNTRYHOST GOVERNMENTSHYDROELECTRIC POWERHYDROELECTRIC POWER PLANTHYDROPOWERHYDROPOWER GENERATIONHYDROPOWER PLANTINCOMEINSTITUTIONAL CAPACITYINSTITUTIONAL DEVELOPMENTINSTITUTIONAL INFRASTRUCTUREINTERCONNECTION CAPACITYINTERNATIONAL BANKINTERNATIONAL FINANCIAL INSTITUTIONINTERNATIONAL FINANCIAL INSTITUTIONSINVESTINGINVESTMENT DECISIONSINVESTMENT PROJECTSINVESTMENT REQUIREMENTSINVESTMENT STRATEGIESINVESTMENT STRATEGYJOINT VENTUREJURISDICTIONLAKESLEGAL AGREEMENTLEGAL SYSTEMSLIMITED LIABILITYLIMITED LIABILITY COMPANYLIQUEFIED NATURAL GASLNGLOAD SHEDDINGLOANLOW TARIFFSMARKET DEVELOPMENTMARKET REFORMSMARKET RULESMARKET SHAREMARKET STRUCTURESMARKET TRADINGMETHANEMETHANE EMISSIONSMIDDLE-INCOME COUNTRIESMONOPOLIESMONOPOLYMORAL HAZARDNATIONAL INVESTMENTNATIONAL INVESTMENTSNATURAL GASOUTPUTOUTPUTSOWNERSHIP OF TRANSMISSION ASSETSOWNERSHIP STRUCTUREPARTICULAR COUNTRYPOLITICAL RISKPORTFOLIOPOWERPOWER COMPANYPOWER FLOWSPOWER GENERATIONPOWER MARKETSPOWER PURCHASEPOWER PURCHASE AGREEMENTSPOWER SECTORPOWER SECTOR REFORMPOWER STATIONPOWER STATIONSPOWER SYSTEMPOWER SYSTEMSPOWER TRADEPRESENT VALUEPRIVATE INVESTORPRIVATE INVESTORSPRIVATE SECTOR INVOLVEMENTPRIVATE SECTOR PARTICIPATIONPUBLIC COMPANYPUBLIC OWNERSHIPPUBLIC UTILITIESPUBLIC-PRIVATE PARTNERSHIPREGIONAL CARBONREGIONAL INTEGRATIONREGIONAL POWERREGIONAL TRADEREGULATORREGULATORSREGULATORY AGENCIESREGULATORY AUTHORITYREGULATORY BODIESREGULATORY ENVIRONMENTSREGULATORY FRAMEWORKRENEWABLE ENERGIESRENEWABLE ENERGYRENEWABLE ENERGY GENERATIONRENEWABLE ENERGY TECHNOLOGIESRENEWABLE POWERREPAYMENTRESERVERESERVESRETAIL COMPETITIONSAVINGSSERVICE PRICESSINGLE MARKETSOFT BUDGET CONSTRAINTSSTATE ENTERPRISESUPPLY COSTSSUSTAINABLE ENERGYTARIFF ADJUSTMENTTECHNICAL ASSISTANCETRADINGTRANSMISSION ASSETSTRANSMISSION CAPACITYTRANSMISSION LINETRANSMISSION LINESTRANSMISSION ORGANIZATIONTRANSMISSION SYSTEMTRANSPARENCYTREATYUTILITIESVEHICLESWARRANTSWHOLESALE ELECTRICITYWHOLESALE PRICESWINDWIND POWER10.1596/17507