Transmission and distribution networks are key to electrifying nations – and currently, regional integration dominates the agenda of policy makers in emerging markets and donor finance institutions. The focus is on development infrastructure that will bind communities, regions and even countries, to ultimately speed intra-regional investment, development, trade and sustainable growth.
“The backbone of these plans is the interconnectors that facilitate power trading between regions and countries. Strategic transmission corridors bode significant opportunities and benefits to reduce the large capital spend needed by each region to strengthen their independent generation capacities by promoting improved collaborated planning of integrated and large centralised power stations that serve bigger markets,” says Andrew Galbraith, Director, Power - Transmission and Distribution, WSP in Africa. “And, this will pave the way forward for further development, as well as other cross-boundary critical primary infrastructure, such as water and transport projects.”
Juan David Martínez, Area Manager, WSP in Colombia, agrees and suggests that while power trading in emerging markets still has big challenges ahead, due mainly to insufficient infrastructure networks, there are pockets of excellence that demonstrate political will to arrest the situation.