An improved power supply made it possible to develop a special economic zone in Cambodia's Kampot province, attracting 40 businesses that sustain 10,000 much-needed jobs for the local impoverished community. Photo: ADB/Pring Samrang.
A Greater Mekong Subregion project helps builds a transmission line from Viet Nam to Cambodia to provide a steady supply of electricity to communities and industries in the southern part of the country.
MANILA, PHILIPPINES (21 August 2014) – The Asian Development Bank is supporting a 290-megawatt hydropower project in the Lao People’s Democratic Republic under a public-private partnership arrangement.
Better cross-border transportation and electricity links are central pillars of both the Greater Mekong Subregion program and Asian Development Bank's work in support of Cambodia's development.
The course enabled the participants to acquire a hands-on understanding of important electricity market concepts, including: (i) why wholesale electricity markets are generally cleared via uniform-price rather than pay-as-bid auctions, (ii) the operation of transmission constraints, (iii) how wind and solar affect electricity market outcomes, (iv) when suppliers have incentives to exercise unilateral market power, and (v) how fixed-price forward contracts can align supplier behavior with the policymaker’s goal of least-cost electricity supply, including when there are transmission constraints and high shares of wind and solar. The workshop was organized by ADB, ADB Institute, and Standford University Program on Energy and Sustainable Development.
Greater Mekong Subregion Secretariat
Regional Cooperation and Operations Coordination Division,
Southeast Asia Department, Asian Development Bank
Address: 6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines
Telephone: +63 2 8632 4444 Fax: +63 2 8636 2226