Asian Development Bank - CAREC Energy Strategy 2030: Common Borders. Common Solutions. Common Energy Future.

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CAREC

ENERGY STRATEGY 2030

Common Borders. Common Solutions. Common Energy Future.

NOVEMBER 2019

Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO)

2019 Asian Development Bank

6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, Philippines

Tel +63 2 8632 4444; Fax +63 2 8636 2444

www.adb.org

Some rights reserved. Published in 2019.

ISBN 978-92-9261-858-2 (print), 978-92-9261-859-9 (electronic)

Publication Stock No. TCS190515-2

DOI: http://dx.doi.org/10.22617/TCS190515-2

The views expressed in this publication are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent.

ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. The mention of specific companies or products of manufacturers does not imply that they are endorsed or recommended by ADB in preference to others of a similar nature that are not mentioned.

By making any designation of or reference to a particular territory or geographic area, or by using the term country in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.

This work is available under the Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO) https://creativecommons.org/licenses/by/3.0/igo/. By using the content of this publication, you agree to be bound by the terms of this license. For attribution, translations, adaptations, and permissions, please read the provisions and terms of use at https://www.adb.org/terms-use#openaccess.

This CC license does not apply to non-ADB copyright materials in this publication. If the material is attributed to another source, please contact the copyright owner or publisher of that source for permission to reproduce it. ADB cannot be held liable for any claims that arise as a result of your use of the material.

Please contact if you have questions or comments with respect to content, or if you wish to obtain copyright permission for your intended use that does not fall within these terms, or for permission to use the ADB logo.

Corrigenda to ADB publications may be found at http://www.adb.org/publications/corrigenda.

Notes:

In this publication, $ refers to United States dollars.

All photos are from ADB.

This publication was authored by Ms. Sarin Abado (ADB Energy Specialist) under the guidance of Mr. Ashok Bhargava, Director for Energy at ADBs Central and West Asia Department.

Cover design by Jan Carlo Dela Cruz.

Tables and Figures

TABLES

	Actions to Be Delivered by Work Stream 1Infrastructure Connectivity and Energy Security
	Actions to Be Delivered by Work Stream 2Policy Reform and Liberalization
	Actions to Be Delivered by Work Stream 3Energy Efficiency and Diversification of the Energy Mix
	Actions to Be Delivered by Task Force AKnowledge Products, Partnerships, and Peoples Networks
	Actions to Be Delivered by Task Force BPrivate Sector Enhancement
	Actions to Be Delivered by Task Force CWomens Empowerment
	CAREC Energy Strategy 2030 Program Results Framework

FIGURES

CAREC 2030 Strategy Pillars and Crosscutting Themes
	Driving Principles for a New CAREC Energy Strategy 2030
	CAREC Regions Energy Vision 2030
	Energy Sector Transformation in the CAREC Region 20202030
	New Governance Structure for Regional Network Development Planning
	Benefits from Market Liberalization
	Holistic Approach to Achieving a Sustainable Regional Energy System
	Women in the Global Energy Workforce
	New Institutional Framework for the CAREC Energy Program

Gaining energy access.

A light bulb is replaced in a home in Kabul, Afghanistan.

EXECUTIVE SUMMARY

A New Era for Energy in the CAREC Region

The Energy Strategy 2030 for the Central Asia Regional Economic Cooperation (CAREC) program provides a new long-term strategic framework for the energy sector of the CAREC region. It is inspired by the vision of achieving a reliable, sustainable, resilient, and reformed energy market by 2030. Guided by the overarching principle Common Borders. Common Solutions. Common Energy Future., CAREC members are committed to creating a vibrant energy futurea future in which electricity supply is reliable and affordable, energy markets flourish, and cleaner sources have become part of the energy mix.

While the regions energy sector has done well in powering the countries during a challenging period of rapid growth, new dynamics on the global energy scene are rapidly changing the context in which CAREC countries will operate over the next decade. The shifting global dynamics that will influence the CAREC regions energy markets include the rise of renewable energy; the importance of private sector financing in meeting investment needs; the necessity of addressing climate change; and improved political relations, stimulating greater regional cooperation. The CAREC region must be prepared, equipped, and ready to stay ahead of the curve under these new conditions. Hence, a new CAREC Energy Strategy is timely and shall offer fresh approaches and smart solutions enabling the CAREC region to continue to prosper.

The ambitions formulated for 2030 build strongly on past achievements. Today, CAREC member countries are more regionally connected and integrated than ever before. Clean technology deployment is firmly on their agenda, and institutions in the region have greater technical capacity. These achievements provide a solid basis for a bolder vision and a new strategy. With closer regional cooperation, CAREC member countries are well positioned to anticipate and take advantage of the changes occurring within the global energy landscape.

Key Strategic Priorities 20202030

Pillar 1: Better Energy Security through Regional Interconnections

Being part of a larger electricity network and gas pipeline system allows energy to be traded at competitive prices, enables diversification of energy sources, and provides more reliable service to consumers. While some CAREC countries are rich in fossil and hydro resources, others lack sufficient domestic resources to adequately cover their energy demand, and seasonal variability among countries is also particularly pronounced.

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