Cooperation benefits of Caspian countries in their energy sector development

摘要: Abstract This paper studies the development possibilities of energy systems four Central Asia and Caspian countries. It explores options that improve their domestic efficiencies increase export fossil commodities. Using MARKAL-TIMES modelling tool, it represents system with a bottom-up partial economic equilibrium growth model. With help scenario analyses, evaluates direct advantage improving efficiencies. Furthermore calculates cooperation. finds out new/different geo-economic attitude brings USD billions annual benefits, particularly if countries aim to differentiate routes, amount contribute climate change mitigation.