Publication: Competitive Contracting for Privately Generated Power : What to Do in the Absence of Competition in the Market
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1995-05
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2012-08-13
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Introducing independent power producers (IPPs) into a power system where existing generators are inefficient can deliver more efficient investment. But it is not sufficient to achieve the operating benefits of competition. Key to determining whether or not the IPPs and the system as a whole will operate efficiently are the power and energy sales contracts with the IPPs. The author surveys a range of power purchase agreements and highlights their risks and benefits for operational efficiency.
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“Bacon, Robert. 1995. Competitive Contracting for Privately Generated Power : What to Do in the Absence of Competition in the Market. Viewpoint. © World Bank. http://hdl.handle.net/10986/11672 License: CC BY 3.0 IGO.”
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