Cross Border Electricity Trade Opportunities for Nepal: Development of Strategy for Deregulated Electricity Markets

Abstract

With an increase in energy generation energy but a lower growth rate in energy consumption, Nepal has a tremendous opportunity for cross-border electricity trading. This trading helps energy management between the two countries, addressing energy scarcity in both. The future generations of energy and consumptions of energy are forecasted and compared. The results obtained from the analysis of generations and consumption of energy, surplus energy and deficit energy are observed. There is mix of surplus and deficit energy will occur with reference to the different scenario. In this study, the cross border trading opportunities for Nepal is analyzed by evaluating the future energy generations and future energy demand. And also reviewed the electricity market model adopted in different regions. During this study, the required data is taken from the reports published by the Nepal Electricity Authority, Water and Energy Commission Secretariat, Department of Electricity Development and other energy related institutions.