The macroeconomic studies aim to provide a basis to discuss with the beneficiaries from CBET both in terms of power received (i.e. importing countries) and export revenue generated and its impact on growth and development. The study is building evidence for the decision makers for consensus building between countries and within countries through informed dialogues and negotiations to support creation and implementation of the CBET.
The Macroeconomic modelling will cover a range of demand growth, renewable development, interconnection scenarios and other scenarios to properly assess the scenarios for economic impact of CBET. Adoption of interdisciplinary research by considering technology, economy, environment and social aspects in long-term is being deployed. Following results are anticipated:
The outcome of the studies will rigorously form estimates of benefits to inform the discussion by all three Task Forces of the SARI/EI and pave the path to prepare and develop regional energy markets and make them sustainable in order to foster economic growth of this region.