Volume 5: Innovative Solutions for Energy Transitions: Part IV

Segmented Model of the United Energy Market Of The Eurasian Economic Union and Cross-border Transmission Lines Expansion Oluwaseun Oladimeji, Ibrahim Elghanam

Abstract

In this paper, we investigated the dynamics of Electrical transmission interconnection among countries of the newly formed Eurasian Economic Union (EEU). Though, the union was formed primarily for the basis of trade and labor supplies, the authors felt there may be a good investment opportunity if the countries decide to have a common electricity market. Intensive study was done on the power market existent in each country and the plans of expansion each country is currently pursuing. Russia’s electricity generation and consumption was more than 6 times greater then the production and consumption of all the other 4 countries combined. Then, the transmission lines built during the soviet era were also examined and new opportunities for further collaboration were identified. A generation and transmission expansion planning model was finally developed to investigate the impact of inter-connectivity among the EEU countries. Finally, results

Keywords electricity generation, consumption, transmission, inter-connectivity, line capacity, planning