Abstract

This paper addresses the issues regarding the economics of clean energy transmission channels in Southeast Asia. The research developed an improved comprehensive model for the generation and transmission planning considering variable renewable energy characteristics, and it simulated the hourly resolution operation condition of a cross-regional interconnection grid of Southeast Asia, China, and South Asia. Additionally, we conducted a sensitivity analysis, and the assessment of the channels’ economics covered a variety of factors such as clean energy penetration, CO2, and pollutant reduction. Conclusions are drawn regarding the influence of different parameters and conditions on the economics of the transmission channel. Subsequently, several recommendations were proposed based on these analyses, which could support the development of the scheme of Southeast Asia power grid and the interconnection of the Belt and Road initiative.

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