Outlook for power exchange between Russia, DPRK and ROK

Power exchange between Russia, the DPRK and the ROK is a part of NEAREST (Northeast Asian Electrical System Ties), which is expected to become a reality within the near future, as it offers great economic benefits, and contributes to peace in this region. This paper specifies the prospects for power exchange between Russia, the DPRK and the ROK, considering power industry status and future electricity balances in each country. It addresses the technical, economic and marketable feasibility of realizing power exchange between participating countries. Among these factors, this paper examines technical and economic viewpoints, and estimates the excessive exportable power plants´ capacity and energy that either exists, or can be constructed in the future. In addition, this paper specifies the future power demands and supply plans in each country to determine reasonable exchange capacity. Also, future power balances, and power plants´ potential that can be constructed for power importing/exporting countries are studied. Combined with these results, this paper investigates the qualitative prospect of power exchange and estimates the possible interconnected capacity and exchange amounts between Russia, the DPRK and the ROK.