Publication:
Revisiting Policy Options on the Market Structure in the Power Sector

Simple item page
dc.contributor.authorWorld Bank
dc.date.accessioned2014-02-25T20:50:29Z
dc.date.available2014-02-25T20:50:29Z
dc.date.issued2011-07
dc.description.abstractThe objectives of this study are to develop a taxonomy of the existing power market structures, as shown by the extent of vertical and horizontal unbundling found among restructured power systems, across developing countries; to design an analytical framework for assessing the desirability of unbundling under the variety of economic conditions found among developing countries; and To propose insights for operational guidance on alternative market structures based on relevant criteria, in particular on the initial conditions of a country and its power sector. The study specifically examines whether power system size and country per capita income can be reliable indicators of initial conditions for guiding policy on power market structure. This guidance is needed to address issues such as whether there are solid foundations for recommending vertical unbundling for small power systems in low-income countries, particularly in the absence of short term privatization prospects. The policy recommendations therefore have to be tailored to the specific taxonomy of market structures that characterize the electricity sector in developing countries. The study reports the evidence from econometric analysis and case studies on the (relative) success of achieving the objectives of unbundling. These objectives may be to enhance transparency and governance, attract private sector investment, and/or to create a competitive market and ultimately its impact on performance. The study has an analytical approach to model market structure, together with ownership and regulation, controlling for several variables, as determinants of performance across several indicators of performance, including access, operational and financial performance and environmental sustainability.en
dc.identifier.doi10.1596/17146
dc.identifier.urihttps://hdl.handle.net/10986/17146
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectaccess to electricity
dc.subjectapproach
dc.subjectauctions
dc.subjectavailability
dc.subjectaverage performance
dc.subjectaverage tariff
dc.subjectbenchmark competition
dc.subjectbenchmarking
dc.subjectbenchmarking approach
dc.subjectbulk power
dc.subjectburning fossil fuels
dc.subjectCapacity building
dc.subjectcapacity utilization
dc.subjectcapital costs
dc.subjectCapital expenditure
dc.subjectcapital investment
dc.subjectCapital market
dc.subjectCarbon
dc.subjectcarbon dioxide
dc.subjectcarbon dioxide emissions
dc.subjectcarbon emissions
dc.subjectcash flow
dc.subjectcoal
dc.subjectcommercialization
dc.subjectcompetition in generation
dc.subjectcompetitive power market
dc.subjectcompetitive pressure
dc.subjectcompetitive wholesale market
dc.subjectcompetitiveness
dc.subjectcost increases
dc.subjectcost of energy
dc.subjectCost Recovery
dc.subjectdegree of concentration
dc.subjectdemographics
dc.subjectdiesel
dc.subjectdistribution companies
dc.subjectdistribution entity
dc.subjectdistribution network
dc.subjectdivestiture
dc.subjecteconometric methods
dc.subjectEconometrics
dc.subjecteconomic conditions
dc.subjecteconomic costs
dc.subjecteconomic efficiency
dc.subjecteconomic factors
dc.subjecteconomic performance
dc.subjectEconomics
dc.subjecteconomies of scale
dc.subjecteconomies of scope
dc.subjectefficiency improvements
dc.subjectelectric industry
dc.subjectelectric utilities
dc.subjectelectricity
dc.subjectElectricity Distribution
dc.subjectElectricity Generation
dc.subjectelectricity generators
dc.subjectelectricity market
dc.subjectelectricity production
dc.subjectelectricity reforms
dc.subjectelectricity sector
dc.subjectelectricity supply
dc.subjectelectricity tariff
dc.subjectelectricity tariffs
dc.subjectelectricity utilities
dc.subjectEmission
dc.subjectempirical analysis
dc.subjectempirical basis
dc.subjectempirical evidence
dc.subjectempirical studies
dc.subjectend users
dc.subjectenergy infrastructure
dc.subjectenergy mix
dc.subjectenergy policy
dc.subjectenergy source
dc.subjectEnergy Transmission
dc.subjectEnterprise Performance
dc.subjectenvironmental
dc.subjectenvironments
dc.subjectexclusive rights
dc.subjectexpenditure
dc.subjectfinancial constraints
dc.subjectFinancial Markets
dc.subjectfinancial risk
dc.subjectfinancial risk management
dc.subjectfossil
dc.subjectfossil fuels
dc.subjectfree entry
dc.subjectgas
dc.subjectgenerating capacity
dc.subjectgeneration
dc.subjectgeneration capacity
dc.subjectgeneration services
dc.subjectgenerators
dc.subjectgovernment policies
dc.subjectholding company
dc.subjecthorizontal integration
dc.subjecthydro-power
dc.subjecthydroelectric power
dc.subjecthydropower
dc.subjectimpact of regulation
dc.subjectincumbent utilities
dc.subjectIndependent Power Producers
dc.subjectindustrial prices
dc.subjectinfrastructure service providers
dc.subjectinternational investors
dc.subjectinvestment incentives
dc.subjectLabor Market
dc.subjectlabor productivity
dc.subjectlabour productivity
dc.subjectload factor
dc.subjectlower cost of capital
dc.subjectlower tariffs
dc.subjectmarket competition
dc.subjectmarket concentration
dc.subjectmarket conditions
dc.subjectmarket power
dc.subjectmarket reform
dc.subjectmarket regulation
dc.subjectmarket risks
dc.subjectMARKET STRUCTURE
dc.subjectmonopoly
dc.subjectmonopoly power
dc.subjectnational income
dc.subjectnatural gas
dc.subjectnatural monopoly
dc.subjectnuclear power
dc.subjectnuclear power plants
dc.subjectoil
dc.subjectoil imports
dc.subjectopen access
dc.subjectOperational Efficiency
dc.subjectoutsourcing
dc.subjectownership structure
dc.subjectperformance indicators
dc.subjectpetroleum
dc.subjectpolicy instruments
dc.subjectpolicy makers
dc.subjectPolitical Economy
dc.subjectpollution
dc.subjectPOWER
dc.subjectpower companies
dc.subjectpower demand
dc.subjectpower generation
dc.subjectpower markets
dc.subjectPower Producers
dc.subjectpower purchase
dc.subjectpower purchase agreements
dc.subjectPOWER SECTOR
dc.subjectpower sector reforms
dc.subjectpower sectors
dc.subjectpower station
dc.subjectpower suppliers
dc.subjectpower supply
dc.subjectpower system
dc.subjectpower system operator
dc.subjectpower systems
dc.subjectprimary energy
dc.subjectprivate capital
dc.subjectprivate investor
dc.subjectprivate operators
dc.subjectprivate ownership
dc.subjectprivate sector
dc.subjectprivate sector investment
dc.subjectPrivate Sector Participation
dc.subjectprivatization
dc.subjectpublic good
dc.subjectpublic ownership
dc.subjectregulators
dc.subjectregulatory agency
dc.subjectRegulatory Capacity
dc.subjectregulatory framework
dc.subjectregulatory reforms
dc.subjectrenewable energy
dc.subjectresidential prices
dc.subjectretail
dc.subjectretail competition
dc.subjectretail market
dc.subjectretail rates
dc.subjectretail sales
dc.subjectRetail utilities
dc.subjectreturns to scale
dc.subjectrisk management
dc.subjectsale
dc.subjectsales
dc.subjectservice reliability
dc.subjectsingle buyer model
dc.subjectspread
dc.subjectsupplier
dc.subjectsuppliers
dc.subjectsupply chain
dc.subjectsupply costs
dc.subjectsupply industry
dc.subjectsurplus
dc.subjectSustainable Development
dc.subjecttariff rates
dc.subjecttenders
dc.subjectthermal power
dc.subjectthermal power plants
dc.subjecttotal costs
dc.subjecttrader
dc.subjecttransaction costs
dc.subjecttransmission grid
dc.subjecttransmission infrastructure
dc.subjecttransmission networks
dc.subjectunbundling
dc.subjectutilities
dc.subjectvertical integration
dc.subjectvoltage
dc.subjectwholesale competition
dc.subjectwholesale electricity
dc.subjectwholesale electricity market
dc.subjectwholesale markets
dc.subjectwholesale power
dc.subjectwholesale prices
dc.subjectwind
dc.titleRevisiting Policy Options on the Market Structure in the Power Sectoren
dspace.entity.typePublication
okr.date.disclosure2011-07-15
okr.date.doiregistration2025-05-07T08:42:27.092919Z
okr.doctypeEconomic & Sector Work::Energy Study
okr.doctypeEconomic & Sector Work
okr.identifier.report63223
okr.language.supporteden
okr.sectorEnergy and mining
okr.themeFinancial and private sector development :: Infrastructure services for private sector development
okr.topicEnergy::Energy Production and Transportation
okr.topicEnvironment::Environmental Economics & Policies
okr.topicInfrastructure Economics and Finance::Infrastructure Economics
okr.topicInfrastructure Economics and Finance::Infrastructure Regulation
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.unitPublic-Priv Infra Advsry Fcility (PPIAF); Energy Unit (SEGEN)
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
632230WP0Revis00Box0361508B0PUBLIC0.pdf
Size:
7.23 MB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
632230WP0Revis00Box0361508B0PUBLIC0.txt
Size:
555.66 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
Energy Study