Abstract
Efforts to integrate cross-border energy infrastructure and regional power markets have been gaining momentum worldwide. Such efforts have the potential of optimizing regional generation resources, delivering more variable renewable energy to the grid, and improving social equity through more reliable and affordable electricity. However, financing these investments has often been challenging, given the number of stakeholders and different parties of interest that need to be involved. We identify several common political, technical, and financial constraints. We propose how the Group of 20 (G20) can help bridge the gaps and mitigate the risks for cross-border energy infrastructure financing, especially for developing countries.
