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Mongolia|business|June 8, 2017 / 12:51 PM
Mongolia’s Shivee project aims to export power as far as Japan

AKIPRESS.COM - The lights of the high-end boutiques and bars of Tokyo’s Ginza neighborhood may someday be powered by coal burned more than 2,700 kilometers in Mongolia, electricity zipping over ultra-high voltage lines across deserts and under seas, Bloomberg reported.

That’s the idea behind plans in Asia for so-called super grids, sending power from countries with relatively few people but lots of wind, sun and fossil fuels to distant electricity-hungry population centers trying to keep up with demand. Mongolia, desperate to make more of its abundant resources as it seeks to revive its flailing economy, aims to make that vision a reality through one of the world’s most ambitious power projects.

The landlocked nation is considering a $7 billion plan to build coal, wind and solar plants that could send electricity across China, Russia, South Korea and Japan, according to Tamir Batsaikhan, a project director with the Shivee Energy Complex. It’s just one concept of how to connect power markets across Asia, where demand is forecast by BMI Research to grow 3.5 percent annually through 2026.

“At a 30,000-foot level you’d be hard-pressed to argue against it,” said Simon Powell, head of Asian utilities research at UBS Group AG in Hong Kong. “It’s not technically impossible to build an Asian power grid, but there are difficulties.”

While the region’s biggest economies, led by China, throw their support behind the projects, the challenge of moving electricity from one country to another --- from the differences in voltages and price to worries about relying on neighbors for power -- may mean Mongolia’s vision remains just a dream.

A feasibility study on Mongolia’s proposed 5,280-megawatt Shivee project, which is backed by state-run investor Erdenes Mongol LLC and the country’s energy ministry, is expected by the end of this month, said Tamir. State Grid Corp. of China is carrying out the study and talks with potential buyers would only start after its completion, he said.

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