Cross-Border Energy Trading
“How can energy be traded across borders?”
Energy is one of the most vital resources on the planet. But unfortunately, it is constrained by national borders. However, as energy systems evolve, so will the policy around them. Already, resource-constrained states and nations are in talks with trading energy with their overcapacity neighbors. This is developing in areas from the Western United States with California’s solar potential in the summer and its neighbor’s vast hydropower and wind reservoirs in the Winter and India with Neap, Sri Lanka, and Bangladesh. Hopefully, Cross-Border Energy Trading will become more prominent in bringing peace, security, and resilience between nations.