ABSTRACT

Regional coordination in energy systems is not a zero-sum game, but can benefit the national interest of all parties. There are challenges and risks involved, but given the mutual problems of climate change and energy security, there is good reason for countries to cooperate. The integration of regional energy markets increases diversification of supply and delivery, cost-savings, and energy efficiency. Working together, countries can reduce climate change effects while promoting sustainable energy solutions and global energy security for the future.