World Bank supports Central Asia’s regional electricity market
The World Bank’s Board of Executive Directors has approved the Regional Electricity Market Interconnectivity and Trade (REMIT) Program, which will be implemented over a 10-year period across three phases to boost energy connectivity in Central Asia. The multi-phase program will establish Central Asia’s first-ever regional electricity market, increase electricity trade, expand transmission capacity, and lay the groundwork for large-scale renewable energy integration. According to the World