Publication:
The Real Possibility of Competitive Generation Markets in Hydro Systems : The Case of Brazil

Simple item page
dc.contributor.authorEstache, Antonio
dc.contributor.authorRodriguez-Pardina, Martin
dc.date.accessioned2012-08-13T15:29:28Z
dc.date.available2012-08-13T15:29:28Z
dc.date.issued1997-02
dc.description.abstractBrazil's electricity sector is made up of more than sixty-five, mostly vertically integrated, federally- and state-owned monopolies. The most pressing problems in the sector are excessive operational costs and large investment needs. Both of these problems can be addressed through more competition and more private participation. There is a consensus among federal and state policymakers and key operators that the sector's potentially competitive segments should be separated from its natural monopoly segments and awarded as concessions or sold to private investors. However, there are important technical challenges, one of which relates to competitive generation. First, to ensure open entry and the long-term viability of competition in the electricity sector, the government must figure out how to competitively allocate water rights. Second, to provide incentives for investing in generating capacity, a pricing system must be put in place that will ensure recovery of the high sunk capital costs characteristic of hydro systems. This Note describes one consistent approach, using incentive-based organization and regulation, for overcoming the technical challenges to effective competition in the generation market.en
dc.identifierhttp://documents.worldbank.org/curated/en/1997/02/694973/real-possibility-competitive-generation-markets-hydro-systems-case-brazil
dc.identifier.doi10.1596/11595
dc.identifier.urihttps://hdl.handle.net/10986/11595
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesViewpoint: Public Policy for the Private Sector; Note No. 106
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectBIDDING
dc.subjectCONCESSION AREAS
dc.subjectCOST RECOVERY
dc.subjectCROSS-SUBSIDIES
dc.subjectENERGY PRICES
dc.subjectENTITLEMENTS
dc.subjectEXCESS WATER
dc.subjectEXTERNALITIES
dc.subjectFIXED COSTS
dc.subjectMARGINAL COST
dc.subjectMARGINAL COSTS
dc.subjectMARKET STRUCTURE
dc.subjectMONOPOLIES
dc.subjectOPPORTUNITY COSTS
dc.subjectPAYMENT FOR WATER
dc.subjectPRIVATE PARTICIPATION
dc.subjectPRIVATE SECTOR
dc.subjectPRODUCERS
dc.subjectRETAIL
dc.subjectSALES
dc.subjectSANCTIONS
dc.subjectSPOT MARKETS
dc.subjectSTORAGE CAPACITY
dc.subjectVARIABLE COSTS
dc.subjectWATER RESOURCES
dc.subjectWATER RIGHTS
dc.subjectWATER USE ELECTRICAL INDUSTRIES
dc.subjectDENATIONALIZATION
dc.subjectPRICING
dc.subjectINCENTIVES
dc.subjectHYDROELECTRIC POWER
dc.subjectMARKET COMPETITION
dc.subjectWATER LAW
dc.subjectGENERATION MARKET
dc.titleThe Real Possibility of Competitive Generation Markets in Hydro Systems : The Case of Brazilen
dspace.entity.typePublication
okr.date.doiregistration2025-04-29T09:43:54.132992Z
okr.doctypePublications & Research::Viewpoint
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/1997/02/694973/real-possibility-competitive-generation-markets-hydro-systems-case-brazil
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeEnvironment and Natural Resources
okr.globalpracticeHealth, Nutrition, and Population
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.globalpracticeWater
okr.guid165751468743673071
okr.identifier.externaldocumentum090224b0854aae99_2_0
okr.identifier.internaldocumentum694973
okr.identifier.report16896
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/1997/02/01/000009265_3980420172733/Rendered/PDF/multi_page.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.countryBrazil
okr.sectorWater, sanitation and flood protection
okr.topicInternational Economics and Trade::Access to Markets
okr.topicHealth Economics and Finance
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.topicWater Supply and Sanitation::Town Water Supply and Sanitation
okr.topicEnvironmental Economics and Policies
okr.topicHealth, Nutrition and Population
okr.topicEnvironment
okr.unitOff of VP
okr.unitFPD - WB (FPDVP)
okr.volume1 of 1
relation.isSeriesOfPublication1067ecbf-b217-4376-a77e-64594be2b212
relation.isSeriesOfPublication.latestForDiscovery1067ecbf-b217-4376-a77e-64594be2b212
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
multi_page.pdf
Size:
368.46 KB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
multi_page.txt
Size:
18.67 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Viewpoint