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Author: Peter A. Cordukes
Publisher:
ISBN:
Category : Energy development
Languages : en
Pages : 190
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Book Description
Author: Peter A. Cordukes
Publisher:
ISBN:
Category : Energy development
Languages : en
Pages : 190
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Book Description
Author: Peter Choynowski
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 66
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Book Description
A worldwide trend began in the 1980s in both developed & developing countries to restructure their power sectors & reform their regulatory framework. The motivation in developed countries to restructure & reform was mainly to improve sector efficiency, while in the developing countries, it was to move the sector away from reliance on scarce public resources to more private sector financing. Since the Asian Development Bank was involved in restructuring & regulatory reform in many of Asia's developing countries, this report takes stock of the progress made to date in these countries, reviews the relevant experience in some developed countries & Latin America, & identifies the key issues that could have a bearing on its operations in Asia.
Author: Fernando Reyes Manibog
Publisher: World Bank Publications
ISBN: 9780821356937
Category : Business & Economics
Languages : en
Pages : 172
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Book Description
This publication evaluates the performance of the World Bank Group (WBG) during the 1990s in promoting private sector development in the electric power sector in 80 countries. Main findings include that where countries showed a commitment to advancing reforms in promoting private sector development and where programmes were properly implemented, the expected benefits were delivered. However, quality of outcomes depended on the objectives pursued and on types of assistance provided, with most countries remaining in the early stages of reform.
Author: Tooraj Jamasb
Publisher: World Bank Publications
ISBN:
Category : Electric power
Languages : en
Pages : 78
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Book Description
"Driven by ideology, economic reasoning, and early success stories, vast amounts of financial resources and effort have been spent on reforming infrastructure industries in developing countries. It is therefore important to examine whether evidence supports the logic of reforms. The authors review the empirical evidence on electricity reform in developing countries. They find that country institutions and sector governance play an important role in the success and failure of reform. And reforms also appear to have increased operating efficiency and expanded access to urban customers. However, the reforms have to a lesser degree passed on efficiency gains to customers, tackled distributional effects, and improved rural access. Moreover, some of the literature is not methodologically robust and on par with general development economics literature. Further, findings on some issues are limited and inconclusive, while other important areas are yet to be addressed. Until we know more, implementation of reforms will be more based on ideology and economic theory rather than solid economic evidence. "--World Bank web site.
Author:
Publisher: World Bank Publications
ISBN: 9780821323182
Category : Business & Economics
Languages : en
Pages : 88
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Book Description
The World Bank is changing the way it does business in the energy sector. This Policy Paper is one of two that outlines the Bank's new policies for the sector. The review was prompted by concern about the effects of power generation on the environment and on populations that may be resettled to make way for projects. Another stimulus was the macroeceonomic reality of fewer investment resources in many countries. And many developing countries are becoming more receptive to reforming the way energy is produced and consumed. This paper credits the "public monopoly" approach of the last 30 years with facilitating expansion of power supplies, capturing technical economies of scale, and making effective use of scarce managerial and technical skills. Nonetheless, it recommends several new policies to improve the performance of the electric power sector in developing countries. These reforms will guide future Bank activities in the sector. Bank loans for electric power will go first to countries clearly committed to improving the performance of their power sectors. The Bank will also discourage subsidies on energy prices and will encourage private investment in utilities. And it will provide financing to help the least developed countries import power where local generation is not practical. The efficiency of production and use of electric power in developing countries is examined in a companion paper, Energy Efficiency and Conservation in the Developing World: The World Banks Role . The World Bank's Role in the Electric Power Sector is also available in Spanish: La funcion del Banco Mundial en el sector de la electricidad. Politicas para efectuar una reforma institucional, regulatoria, y financieria eficaz. (ISBN 0-8213-2451-9) / Stock No. 12451 / $7.95 / Price code 007 / Spanis
Author: Vivien Foster
Publisher: World Bank Publications
ISBN: 1464814430
Category : Science
Languages : en
Pages : 454
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Book Description
During the 1990s, a new paradigm for power sector reform was put forward emphasizing the restructuring of utilities, the creation of regulators, the participation of the private sector, and the establishment of competitive power markets. Twenty-five years later, only a handful of developing countries have fully implemented these Washington Consensus policies. Across the developing world, reforms were adopted rather selectively, resulting in a hybrid model, in which elements of market orientation coexist with continued state dominance of the sector. This book aims to revisit and refresh thinking on power sector reform approaches for developing countries. The approach relies heavily on evidence from the past, drawing both on broad global trends and deep case material from 15 developing countries. It is also forward looking, considering the implications of new social and environmental policy goals, as well as the emerging technological disruptions. A nuanced picture emerges. Although regulation has been widely adopted, practice often falls well short of theory, and cost recovery remains an elusive goal. The private sector has financed a substantial expansion of generation capacity; yet, its contribution to power distribution has been much more limited, with efficiency levels that can sometimes be matched by well-governed public utilities. Restructuring and liberalization have been beneficial in a handful of larger middle-income nations but have proved too complex for most countries to implement. Based on these findings, the report points to three major policy implications. First, reform efforts need to be shaped by the political and economic context of the country. The 1990s reform model was most successful in countries that had reached certain minimum conditions of power sector development and offered a supportive political environment. Second, countries found alternative institutional pathways to achieving good power sector outcomes, making a case for greater pluralism. Among the top performers, some pursued the full set of market-oriented reforms, while others retained a more important role for the state. Third, reform efforts should be driven and tailored to desired policy outcomes and less preoccupied with following a predetermined process, particularly since the twenty-first-century century agenda has added decarbonization and universal access to power sector outcomes. The Washington Consensus reforms, while supportive of the twenty-first-century century agenda, will not be able to deliver on them alone and will require complementary policy measures
Author: Janusz Bielecki
Publisher: Kluwer Law International B.V.
ISBN: 9041122796
Category : Law
Languages : en
Pages : 374
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Book Description
Liberalisation in the power sector is high on the agenda of policy makers, regulators and the industry around the world. There is growing recognition of the benefits of power marker liberalisation and the need to further integrate regional markets in a liberal trade and investment environment. This volume brings together articles written by leading experts in the field of electricity trade and regulation in Europe. Organised in two parts, the contributions cover a range of issues from market structure, trade flows, infrastructure and investment to the regulatory framework within which the industry operates, including international trade rules and national technical, environmental and regulatory regimes. These are complex and sensitive issues requiring an in-depth understanding of the economics and regulation of the electricity trade and the primary object of this volume is to contribute to an informed debate on the subject. To this end, the contributors demonstrate how a competition ?friendly and liberal environment for electricity trade, including a system of non-discriminatory and transparent access to transmission and distribution networks, could contribute to improving market integration, economic efficiency , supply security and environmental health.
Author: Maria Vagliasindi
Publisher: World Bank Publications
ISBN: 0821397621
Category : Business & Economics
Languages : en
Pages : 137
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Book Description
Given the chronic power shortages faced by numerous developing countries, and the need everywhere to keep pace with demand, understanding the drivers of public private partnerships (PPPs) in energy is critical. While many private electricity projects have been delayed and financing costs have increased, the impact of the global financial crisis was less severe than that of previous crises that originated in developing countries. This resilience stems from developing countries’ need to expand generation capacity, electricity sector reforms and better regulatory frameworks, and short-term solutions (such as rental power plants). The study reports the evidence from statistical analysis and a sample of case studies selected based. It proposes a novel analytical approach to model PPPs, using a two-stage procedure based on Heckman’s sample selection distinguishing between those factors that determine whether private investment in energy takes place, and those that influence the volume of investment. The results of the analysis provide the following conclusions: • Both general governance and regulatory instrument primarily affect investors’ decisions to enter the various power sector markets, not the subsequent level of investment – indicating that investors seem to be adequately protected against risks. • Support mechanisms, like feed-in tariffs, are crucial for attracting investors in renewable generation, but they do not succeed in displacing fossil fuel investment and they could play a bigger role in affecting the level of investment in renewables. • There is a significant trade-off between effectiveness and efficiency of alternative instruments for deploying renewables. Feed-in tariffs tended to be quite effective but to be set on the high side, reducing incentives to cut costs and posing significant strains on already stripped national budgets. Competitive auctions, on the other hand have tended to be efficient but initially low and not always the most effective instrument. • Countries can scale up renewables following different paths. For Brazil, the move from feed-in tariffs to auctions enabled it to both reduce costs and deploy additional capacity. Peru followed in Brazil’s path, opting for auctions instead of introducing feed-in tariffs. On the other hand, China’s move from competitive tenders to feed-in tariffs allowed for discovery effects to determine the right level of prices to attract private investment in renewables.
Author: Darryl S. L. Jarvis
Publisher: World Scientific
ISBN: 9814335746
Category : Law
Languages : en
Pages : 622
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Book Description
Ch. 1. Regulating infrastructure : a review of the issues, problems, and challenges / Ed Araral [und weitere] -- pt. I. Problems, issues, and perspectives in regulation, regulatory design and outcomes. ch. 2. Infrastructure regulation : what works, why, and how do we know? / Judith Clifton [und weitere]. ch. 3. Does political accountability matter for infrastructure regulation? : the case of telecommunications / Farid Gasmi, Paul Noumba and Laura Recuero Virto. ch. 4. Entry relaxation and an independent regulator : performance impact on the mobile telecoms industry in Asia / Chalita Srinuan, Pratompong Srinuan and Erik Bohlin -- pt. II. Electricity sector regulation & governance. ch. 5. Risk, regulation and governance : institutional processes and regulatory risk in the Thai energy sector / Darryl S.L. Jarvis. ch. 6. Electricity tariff regulation in Thailand : analyses and applications of incentive regulation / Puree Sirasoontorn. ch. 7. Regulating power without a five year plan : institutional changes in the Chinese power sector / Kun-Chin Lin, Mika Purra and Hui Lin. ch. 8. The Indonesian electricity sector : institutional transition, regulatory capacity and outcomes / Mika Purra. ch. 9. Regulating the independent power producers : a comparative analysis of performance of Andhra Pradesh, Gujarat, and Tamil Nadu in India / Rajendra Kumar. ch. 10. Partial privatization and nested regulation : institutional choices in public sector and regulatory reform / Sunil Tankha. ch. 11. The electricity industry reform in Korea : lessons for further liberalization / Junki Kim and Kyuhyun Kim -- pt. III. Water sector regulation & governance. ch. 12. Regulatory independence and contract incompleteness : assessing regulatory effectiveness in water privatization in Manila / Xun Wu, Loit Batac and Nepomuceno A. Malaluan. ch. 13. Can regulation improve the performance of government-controlled water utilities? / David Ehrhardt and Nils Janson. ch. 14. Effects of regulatory quality and political institutions on access to water and sanitation / Andrew B. Whitford, Helen Smith and Anant Mandawat. ch. 15. The regulation of water infrastructure in Italy : origins and effects of an 'hybrid' regulatory system / Alberto Asquer. ch. 16. Measuring effectiveness of regulation across a river system : a welfare approach / Alex Coram and Lyle Noakes. ch. 17. Private sector participation and regulatory reform in water supply : the Southern Mediterranean experience / Edouard Perard. ch. 18. Tempered responsiveness through regulatory negotiations in the water sector : managing unanticipated innovations emerging from participation reforms / Boyd Fuller and Sunil Tankha
Author: Shiwei Shao
Publisher: World Bank Publications
ISBN: 9780821339138
Category : Political Science
Languages : en
Pages : 174
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Book Description
Based on a report by a World Bank task force, this book provides a candid assessment of the Bank's operations in Sub-Saharan Africa. The book examines how the Bank can strengthen its operational response to poverty and improve food security, recommends improvements and innovative approaches to poverty reduction, and discusses ways of strengthening and making further use of regional initiatives. Although the report identifies improvements in the work on poverty reduction that have taken place since 1995, it finds that much remains to be done: * On average, 45 to 50 percent of Sub-Saharan Africans live below the poverty line, a much higher proportion than any other region of the world except South Asia. * The commitment of governments to poverty reduction is usually weak; only about 12 African governments have such a commitment. * Economic growth rates are generally far too low to reduce poverty significantly; growth rates of 6.5 percent per year are required for countries in this region to reduce poverty at an acceptable rate. * The World Bank's lending has emphasized growth, focusing almost 58 percent of its assistance to the region on creating the mechanisms for growth through policy change and large-scale investments. * The World Bank's focus on poverty reduction in programming and lending must intensify in all its operational work. * All development partners should establish stronger collaboration in planning their assistance programs.
