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1. Power Grid Interconnections in East Asia: Investment in Several Key Projects Are Well Justified

Author:
Yanfei Li
Publication Date:
01-2016
Content Type:
Policy Brief
Institution:
Economic Research Institute for ASEAN and East Asia (ERIA)
Abstract:
The recent ERIA report on 'Effective Power Infrastructure Investment through Power Grid Interconnections in East Asia' aims to support existing initiatives--the ASEAN Power Grid and Greater Mekong Subregion Power Master Plan--by quantitatively showing the possible economic and environmental benefits of such power grid interconnections. The study team selected specific candidate routes of cross-border transmission lines for further examination. They carried out the preliminary project planning and per kilowatt-hour cost estimation for the selected cross-border lines. The estimated results indicate that although these are capital-intensive projects, attainable benefits seem to be large enough to justify the investment well.
Topic:
Economics, Climate Finance, and Business
Political Geography:
Southeast Asia

2. Economic Impact of Removing Energy Subsidies in Malaysia

Author:
Shigeru Kimura
Publication Date:
10-2016
Content Type:
Research Paper
Institution:
Economic Research Institute for ASEAN and East Asia (ERIA)
Abstract:
The share of demand for fossil-fuel based energy (i.e. coal and oil) in Malaysia will remain the largest in 2035. This significant demand is largely driven by the stable economic growth as well as the energy prices that are kept low by its energy subsidy policy across sectors. While it is widely acknowledged that subsidy encourages overconsumption and inefficient resource allocation, subsidy reforms will bring structural changes at all economic levels. Therefore, the effects of fuel subsidy removal need to be simulated to help government formulate mitigating measures to cushion the effects on most affected sectors. This research is divided into two parts: the first part estimates the price impact on industry subsectors as an offshoot of energy subsidies removal by applying 2010 Malaysian Input-Output Table; the second part measures the economic impact of removing energy subsidies using a Malaysian macroeconomic model.
Topic:
Energy Policy, International Political Economy, and Climate Finance
Political Geography:
Malaysia