World Bank Supports Central Asia’s First Regional Electricity Market to Boost Energy Security and Affordability
he World Bank’s Board of Executive Directors today approved the Regional Electricity Market Interconnectivity and Trade (REMIT) Program, which will be implemented over a 10-year period across three phases to boost energy connectivity in Central Asia. The multi-phase program will establish Central Asia’s first-ever regional electricity market, increase electricity trade, expand transmission capacity, and lay the groundwork for large-scale renewable energy integration.
Source: World Bank Group (link opens in a new window)
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