A Review on Social Impact of International Interconnection of Power Grid

Abstract

The world development depends on the minds of innovative Engineers from the past to the future generation. The technology has revolutionized human life which was considered as a nightmare. Engineers have always been the most recognized people in addressing the issues of diversified fields like sanitation, energy, infrastructure, communication, automotive, human welfare and many more. Energy plays an important role in everyone’s life. The prosperity and wealth of a Country is decided by the strength of generation and utilization of Electrical energy. Engineers are focused in revolutionizing the energy system and create a smarter world by interconnecting the power Grid internationally which will upgrade the society, establish a friendly rapport between the neighboring Countries and reduce the energy pricing. International Grid interconnection will be the modest way to transfer power between one Country and another Country. This paper reviews on the social impacts / aspects of  the International Interconnection of Grid  and also the issues associated on the development of the Interconnection of power Grid like Technical, Economic and Finance ,Legal, Environmental and Political. The development of new technology has many pros and cons, it is up to the society to utilize the technology in the improvement of human welfare.

Keywords:Energy, International Grid Interconnection, Social impacts, Technical, Economic and Finance, Legal , Environmental, Political