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South Asia has witnessed a growing imbalance between energy demand and its supply from indigenous sources resulting in increased import dependence. No South Asian country is going to be able to meet its energy needs entirely from within its own domestic resources. Energy endowments differ among the South Asian countries, and the countries in the region could benefit significantly by strengthening mechanism of energy trade through improved connectivity. Therefore, greater cooperation within South Asia could be one of the most effective ways to deal with this regional energy deficit and ensure energy security of the region. However, there are many issues which hamper power trading in this region. The governments of the region would thus need to take an active role in fostering cross-border energy investments and promotion of regional energy trade in order to take full advantage of the energy resources available within the region and its neighbourhood.

Cross-border energy trade and integration of renewable energy have become significant for countries and regions to meet demands, minimize costs, and foster socio-economic and climate stability in the dynamic and unstable energy market. This book explores different models of global energy trade between regions and their benefits and challenges with a special focus on India's Northeast region.

Countries in South and Southeast Asia are endowed with abundant renewable energy resources. This book examines the energy mix of the countries such as India, Myanmar, Thailand, Bangladesh, and Bhutan among others and their efforts to achieve more integrated markets and renewable energy integration in the region. It highlights the potential of Northeast India given its rich natural resources and strategic location to harness the potential cross-border energy trade with ASEAN countries. The volume provides analytical perspectives on drivers, constraints, opportunities and barriers, as well as measures that countries could take to address institutional, financial, policy, and governance issues to minimize the total costs of energy security and maximize the social-economic benefits for people in these regions. It identifies the necessary conditions – grid flexibility, policy, market, and regulatory solutions for clean energy trade – and contributes to growth of low-carbon development as well as policy making by focusing on renewable energy integration across borders.

This volume will be of interest to students and researchers of energy and climate studies, environmental politics, trade, and economics and international relations.

This book is freely available as a downloadable Open Access PDF at www.taylorfrancis.com under a Creative Commons (CC-BY-NC-ND) 4.0 license.

Energy is a common thread that connects multiple economic domains of countries and sub-regions in Asia. In the drive to trigger and consolidate energy market integration, the North Eastern Region (NER) of India offers great potential as electricity trading hub. This article analyses multiple potentials of energy markers of NER with neighbouring countries through cross-border trade. Supply and demand analysis under different connectivity scenarios shows that not only the eight states of NER of India may be able to fully utilise the economic benefits of energy market integration, but also the neighbouring countries like Bangladesh, Bhutan and Myanmar should keep their carbon emissions in check by importing reliable cost effective energy sources. However, lack of infrastructure for the transfer of power to a common transmission system increases the vulnerability of energy market integration. Given the region's diverse hydro-geography and wide range of clean energy portfolios, energy market integration perspective offers a way forward for strategic energy security planning and climate mitigation strategy for NER and neighbouring Asian countries.