The world today faces four faceted energy challenges of supply, security, access and de-carbonization. In a highly interdependent world where renewable energy is becoming an increasing part of the global energy mix, this paper proposes global energy connectivity as an important part of the solution. We analyse the technical and political aspects of energy connectivity and present several case studies to be referred to by policy makers as they prepare for global energy connectivity.
Download complete paper: The Global Grid
As the world takes small steps towards the Global Grid, we need to learn from the experiences of past attempts at Grid Connectivity. Wildly varying state and national level policies and interests expose connectivity projects, investors and entrepreneurs to political attacks and cost and schedule unpredictability.
Associations of countries and platforms such as ESCAP and ASEAN need to lay down protocols around how transmission services and energy will be traded. A stable political environment needs to be established along with a joint commitment towards energy connectivity
The Global Grid, if taken seriously by policy makers can become a worthy competitor for the considerable investments being made currently in large scale energy storage, as a solution to demand and supply variability.
Given India’s leadership in the Indian subcontinent and its commitment to renewable energy and to mitigating climate change, we are confident that India will take a leadership position in an endeavour towards building The Global Grid.