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Institutional Arrangements for the Promotion of Regional Integration of Electricity Markets : International Experience

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dc.contributor.authorOseni, Musiliu O.
dc.contributor.authorPollitt, Michael G.
dc.date.accessioned2014-08-15T18:24:37Z
dc.date.available2014-08-15T18:24:37Z
dc.date.issued2014-06
dc.description.abstractThis paper focuses on the institutional arrangements needed for facilitating regional electricity cooperation. The paper begins by discussing the theory of international trade cooperation in electricity, with a view to discussing what preconditions might be important in facilitating wide area trading across national borders. It then discusses two sets of case studies. The first set focuses on three regional developing country power pools -- the Southern African Power Pool, the West African Power Pool, and the Central American Power Market. The second set focuses on three regional power pools in more developed countries -- one in the United States, the Single Electricity Market in Ireland, and the South East Europe market. These cases highlight the potential and difficulty of having cross-jurisdictional power pools. In the light of the theory and evidence presented, key lessons are drawn in the areas of preconditions for trading, necessary institutional arrangements, practicalities of timetabling, reasons to be hopeful about future prospects, and suggestions for future research.en
dc.identifierhttp://documents.worldbank.org/curated/en/2014/06/19732154/institutional-arrangements-promotion-regional-integration-electricity-markets-international-experience-vol-1
dc.identifier.doi10.1596/1813-9450-6947
dc.identifier.urihttps://hdl.handle.net/10986/19376
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 6947
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectAPPROACH
dc.subjectAUCTION
dc.subjectAUCTIONS
dc.subjectAVAILABILITY
dc.subjectBENEFIT ANALYSIS
dc.subjectBERTRAND COMPETITION
dc.subjectBID
dc.subjectBIDDING
dc.subjectBIDS
dc.subjectBORDER ELECTRICITY TRADE
dc.subjectBORDER TRADE
dc.subjectBORDER TRANSMISSION
dc.subjectCAPACITY BUILDING
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKET LIBERALIZATION
dc.subjectCOAL
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPETITIVE MARKET
dc.subjectCONFLICTS OF INTEREST
dc.subjectCOST OF ELECTRICITY
dc.subjectCOST SAVINGS
dc.subjectCOST-BENEFIT ANALYSES
dc.subjectCURRENCY
dc.subjectDECISION MAKING
dc.subjectDEVELOPED COUNTRIES
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING COUNTRY
dc.subjectDEVELOPMENT BANK
dc.subjectDEVELOPMENT FINANCE
dc.subjectDIESEL
dc.subjectDISTRIBUTION OF ELECTRICITY
dc.subjectDOMESTIC ENERGY
dc.subjectDOMESTIC MARKET
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMICS
dc.subjectECONOMIES OF SCALE
dc.subjectEFFICIENT MARKET
dc.subjectELECTRIC GRID
dc.subjectELECTRIC POWER
dc.subjectELECTRIC POWER PRODUCERS
dc.subjectELECTRICAL INTERCONNECTION
dc.subjectELECTRICAL LOADS
dc.subjectELECTRICITY
dc.subjectELECTRICITY CONSUMERS
dc.subjectELECTRICITY CONSUMPTION
dc.subjectELECTRICITY DEMAND
dc.subjectELECTRICITY DIRECTIVES
dc.subjectELECTRICITY GENERATION
dc.subjectELECTRICITY LIBERALIZATION
dc.subjectELECTRICITY MARKET
dc.subjectELECTRICITY MARKET REFORMS
dc.subjectELECTRICITY MARKETS
dc.subjectELECTRICITY NETWORK
dc.subjectELECTRICITY PRICE
dc.subjectELECTRICITY PRICES
dc.subjectELECTRICITY PRODUCERS
dc.subjectELECTRICITY PRODUCTION
dc.subjectELECTRICITY REGULATORS
dc.subjectELECTRICITY SALES
dc.subjectELECTRICITY SECTOR
dc.subjectELECTRICITY SUPPLIERS
dc.subjectELECTRICITY SUPPLY
dc.subjectELECTRICITY SYSTEM
dc.subjectELECTRICITY TRADING
dc.subjectELECTRICITY TRANSMISSION
dc.subjectELECTRIFICATION
dc.subjectEMISSIONS
dc.subjectENERGY BILLS
dc.subjectENERGY DEMAND
dc.subjectENERGY DEVELOPMENT
dc.subjectENERGY GENERATION
dc.subjectENERGY MARKETS
dc.subjectENERGY NEEDS
dc.subjectENERGY PRICE
dc.subjectENERGY PRODUCTION
dc.subjectENFORCEMENT MECHANISM
dc.subjectENTRY BARRIERS
dc.subjectENVIRONMENTAL
dc.subjectENVIRONMENTAL POLICIES
dc.subjectENVIRONMENTAL POLICY
dc.subjectFAIR
dc.subjectFEASIBILITY STUDIES
dc.subjectFEASIBILITY STUDY
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL SUPPORT
dc.subjectFOREIGN CAPITAL
dc.subjectFOSSIL
dc.subjectFUEL
dc.subjectFUEL COSTS
dc.subjectGAS
dc.subjectGENERATION
dc.subjectGENERATION CAPACITY
dc.subjectGENERATION OF ELECTRICITY
dc.subjectGENERATORS
dc.subjectGOVERNMENT REVENUE
dc.subjectHUMAN DEVELOPMENT
dc.subjectHUMAN RESOURCES
dc.subjectHYDRO POWER
dc.subjectHYDROPOWER
dc.subjectINCOME TAXES
dc.subjectINDUSTRIAL PRICES
dc.subjectINFRASTRUCTURE DEVELOPMENTS
dc.subjectINSTITUTIONAL DEVELOPMENT
dc.subjectINSTITUTIONAL DEVELOPMENTS
dc.subjectINSURANCE
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINTERNATIONAL FINANCIAL INSTITUTIONS
dc.subjectINTERNATIONAL MARKET
dc.subjectINTERNATIONAL TRADE
dc.subjectINTERNATIONAL TRANSACTIONS
dc.subjectINVESTMENT BANK
dc.subjectLEGAL SYSTEM
dc.subjectMARGINAL COST
dc.subjectMARGINAL COSTS
dc.subjectMARKET CLEARING PRICES
dc.subjectMARKET CONSTRAINT
dc.subjectMARKET DESIGN
dc.subjectMARKET EFFICIENCY
dc.subjectMARKET INTEGRATION
dc.subjectMARKET LIBERALIZATION
dc.subjectMARKET PARTICIPANTS
dc.subjectMARKET PLAYERS
dc.subjectMARKET POWER
dc.subjectMARKET PRICE
dc.subjectMARKET PRICES
dc.subjectMARKET REFORMS
dc.subjectMARKET RISKS
dc.subjectMARKET SHARE
dc.subjectMARKET TRADERS
dc.subjectMARKET TRANSACTIONS
dc.subjectMONOPOLIES
dc.subjectMONOPOLY
dc.subjectMULTILATERAL LENDERS
dc.subjectOIL
dc.subjectOLIGOPOLIES
dc.subjectPEAK CAPACITY
dc.subjectPEAK DEMAND
dc.subjectPLANT OPERATIONS
dc.subjectPOLLUTION
dc.subjectPOWER PLANT
dc.subjectPOWER PLANTS
dc.subjectPOWER PRICES
dc.subjectPOWER PRODUCERS
dc.subjectPOWER SECTORS
dc.subjectPOWER SHORTAGES
dc.subjectPOWER STATIONS
dc.subjectPOWER SYSTEM
dc.subjectPOWER SYSTEMS
dc.subjectPREDATORY PRICING
dc.subjectPRICE DISTORTION
dc.subjectPRICE EFFECT
dc.subjectPRICE FLUCTUATIONS
dc.subjectPRICE LEVELS
dc.subjectPRICE OF POWER
dc.subjectPRICE RISKS
dc.subjectPRICE SETTING
dc.subjectPRICE VOLATILITY
dc.subjectREGULATORY OVERSIGHT
dc.subjectRENEWABLE ENERGY
dc.subjectRESERVE
dc.subjectRESERVES
dc.subjectRISK PROFILE
dc.subjectSALE
dc.subjectSALES
dc.subjectSETTLEMENT
dc.subjectSHAREHOLDERS
dc.subjectSIDE PAYMENTS
dc.subjectSPOT MARKET
dc.subjectSPOT MARKETS
dc.subjectSPREAD
dc.subjectSUBSTITUTE
dc.subjectSUPPLIER
dc.subjectSUPPLIERS
dc.subjectSUPPLY FUNCTION
dc.subjectSURPLUS
dc.subjectTAX
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADING
dc.subjectTRADING SYSTEM
dc.subjectTRANSACTION
dc.subjectTRANSACTION COST
dc.subjectTRANSMISSION CAPACITY
dc.subjectTRANSMISSION CONSTRAINTS
dc.subjectTRANSMISSION GRID
dc.subjectTRANSMISSION LINE
dc.subjectTRANSMISSION LINES
dc.subjectTRANSMISSION ORGANIZATIONS
dc.subjectTRANSMISSION SYSTEM
dc.subjectTRANSPARENCY
dc.subjectTREATY
dc.subjectUTILITIES
dc.subjectVARIABLE COST
dc.subjectVOLTAGE
dc.subjectWHOLESALE POWER
dc.subjectWHOLESALE PRICES
dc.subjectWILLINGNESS TO PAY
dc.subjectWIND
dc.titleInstitutional Arrangements for the Promotion of Regional Integration of Electricity Markets : International Experienceen
dspace.entity.typePublication
okr.crossref.titleInstitutional Arrangements for the Promotion of Regional Integration of Electricity Markets: International Experience
okr.date.disclosure2014-07-01
okr.date.doiregistration2025-04-10T11:15:35.664895Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2014/06/19732154/institutional-arrangements-promotion-regional-integration-electricity-markets-international-experience-vol-1
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeEnvironment and Natural Resources
okr.globalpracticeFinance and Markets
okr.globalpracticeFinance and Markets
okr.globalpracticeEnergy and Extractives
okr.guid707091468183843171
okr.identifier.doi10.1596/1813-9450-6947
okr.identifier.externaldocumentum000158349_20140626162640
okr.identifier.internaldocumentum19732154
okr.identifier.reportWPS6947
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/06/26/000158349_20140626162640/Rendered/PDF/WPS6947.pdfen
okr.region.countryIreland
okr.region.countryUnited States
okr.region.geographicalCentral America
okr.region.geographicalSouthern Africa
okr.region.geographicalWest Africa
okr.region.geographicalEastern Europe
okr.topicEnvironmental Economics and Policies
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicEnergy::Electric Power
okr.topicEnergy::Energy Production and Transportation
okr.topicEnvironment
okr.unitEnvironment and Energy Team, Development Research Group
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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