Publication:
Carbon Pricing in the Power Sector: Role and design for transitioning toward net-zero carbon development

dc.contributor.authorWorld Bank
dc.contributor.authorInternational Energy Agency (IEA)
dc.contributor.authorInternational Carbon Action Partnership (ICAP)
dc.date.accessioned2024-08-27T13:10:59Z
dc.date.available2024-08-27T13:10:59Z
dc.date.issued2024-09-09
dc.description.abstractThe number of countries that have announced some type of commitment to net zero emissions has increased very rapidly in recent years, from five in 2018 to over 145 in 2023. Middle and low-income countries must therefore consider policies to both grow and decarbonize their power sectors. A growing number of them are considering carbon pricing instruments (CPIs). However, the path to implementing carbon pricing is fraught with challenges, including financing obstacles, the urgent need to boost supply, and social priorities different from those of more advanced economies with more carbon pricing experience. This report delves deep into the power sector value chain dynamics, demonstrating how well-designed carbon pricing instruments can be instrumental in helping countries reach their decarbonization goals. Focusing on how decisions are made in diverse power sector models in several developing countries, this report establishes that the CPI must be carefully positioned at the right regulation point in the power sector’s value chain—rather than merely adding a burden for the sector. Getting it right can influence everything from power generation options to investment decisions and customers’ behaviors.
dc.identifierhttps://documents.worldbank.org/en/publication/documents-reports/documentdetail/en/099122024135530438
dc.identifier.doi10.1596/42091
dc.identifier.urihttps://hdl.handle.net/10986/42091
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank Group
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectCARBON PRICING
dc.subjectPOWER SECTOR
dc.subjectNET ZERO
dc.subjectDECARBONIZATION
dc.subjectELECTRIC UTILITIES
dc.titleCarbon Pricing in the Power Sectoren
dc.title.subtitleRole and design for transitioning toward net-zero carbon development
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleCarbon Pricing in the Power Sector: Role and design for transitioning toward net-zero carbon development
okr.date.disclosure2024-09-09
okr.date.doiregistration2025-04-07T08:53:09.287048Z
okr.date.doiregistration2025-04-08T16:26:56.195468Z
okr.date.doiregistration2025-04-09T03:02:56.766491Z
okr.doctypeEconomic & Sector Work::Energy Study
okr.guid099122024135530438
okr.guid099122024135514978
okr.guid099122024135566416
okr.identifier.doihttps://doi.org/10.1596/42091
okr.region.geographicalWorld
okr.topicEnergy::Energy Finance
okr.unitCCG-CFE
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