Publication: Designing Strategies and Instruments to Address Power Projects Stress Situations
Date
2009-08
ISSN
Published
2009-08
Author(s)
Meyerman, Gerald
Covindassamy, Ananda M.
Abstract
It is an internationally recognized
reality that continued and increased investment in the power
sector by private firms is essential to providing affordable
and reliable energy to an increasing portion of the world
population. However, investing in power projects in the
developing regions of the world exposes nations,
governments, consumers, and investors to unusually high
levels of risk. This study will have succeeded if it
encourages parties, on all sides, to recognize problems as
early as possible and concentrate on identifying possible
solutions, and then implementing them. This study marks the
interest of investors and lenders in finding procedures and
instruments to facilitate the resolution of disputes arising
from stress situations. To begin with we will summarize the
predominant causes, characteristics, and consequences of
project stress in the energy sector of emerging markets. The
author will seek to describe and understand the incidence of
various patterns of characteristics and consequences of
project stress that emerge as power projects are broken down
by type industry stage and region. Then the author will
discuss how to prevent the emergence of stress situations in
power projects as well as the instruments and strategies
available for the resolution of power project stress.
Citation
“Meyerman, Gerald; Covindassamy, Ananda M.. 2009. Designing Strategies and Instruments to Address Power Projects Stress Situations. ESMAP formal report;no. 329/09. © World Bank, Washington, DC. http://hdl.handle.net/10986/17530 License: CC BY 3.0 IGO.”