Publication: Development of a Regional Power Market in the Greater Mekong Sub-Region : Compatibility of Regulatory Systems and Pricing Principles
Loading...
Published
2001-12
ISSN
Date
2014-09-30
Author(s)
Editor(s)
Abstract
A 1999 study by the Bank, which summarized the unprecedented opportunity for economic, and environmental benefits for individual countries, and the entire Greater Mekong Sub-region (GMS) associated with cross-border power trade, concluded that a full trade scenario, could yield significant savings over the next two decades, even before quantifying substantial environmental benefits. Based on these conclusions, GMS member countries were surveyed (attached as an appendix), and, this report compares the status of institutional/regulatory, and commercial policies across the region, to provide background information. Specifically, the focus is on the compatibility of national regulatory systems, especially for wheeling; the compatibility of pricing principles at both production, and transmission; and, the potential barriers to enhanced trade, which are revealed in this review. Section 2 provides a brief review of on-going reforms in member countries. Section 3 compares progress with respect to key regulatory, and commercial issues (particularly pricing) most critical to power trade, noting barriers to expanded power trade revealed through the country comparisons.
Link to Data Set
Citation
“Vernstrom, Robert. 2001. Development of a Regional Power Market in the Greater Mekong Sub-Region : Compatibility of Regulatory Systems and Pricing Principles. Energy Sector Management Assistance
Programme (ESMAP) technical paper series;no. 15. © http://hdl.handle.net/10986/20280 License: CC BY 3.0 IGO.”
Associated URLs
Associated content
Other publications in this report series
Journal
Journal Volume
Journal Issue
Collections
Related items
Showing items related by metadata.
Publication The Potential of Regional Power Sector Integration : Greater Mekong Subregion Transmission and Trading Case Study(World Bank, Washington, DC, 2010-01)Developing countries are increasingly pursuing and benefitting from regional power system integration (RPSI) as an important strategy to help provide reliable, affordable electricity to their economies and citizens. Increased electricity cooperation and trade between countries can enhance energy security, bring economies-of-scale in investments, facilitate financing, enable greater renewable energy penetration, and allow synergistic sharing of complementary resources. This briefing note draws from the experiences of RPSI schemes around the world to present a set of findings to help address these challenges. It is based on case studies of 12 RPSI projects and how they are dealing with key aspects of RPSI, such as: (i) finding the right level of integration; (ii) optimizing investment on a regional basis; (iii) appropriate regional institutions (iv) technical and regulatory harmonization; (v) power sector reform and integration (vi) the role of donor agencies (vii) reducing emissions through RPSI; and (viii) RPSI and renewable energy.Publication Greater Mekong Sub-region Options for the Structure of the GMS Power Trade Market : A First Overview of Issues and Possible Options(World Bank, Washington, DC, 2006-12)The World Bank, working together with the Asian Development Bank (ADB), actively supports the development of a regional power market in the GMS: Cambodia, Lao PDR, Myanmar, Thailand, Vietnam and the Yunnan Province of the People's Republic of China. This report is part of a dynamic process aimed at developing power trade in the Greater Mekong Sub-region (GMS), the objective of which will be to provide reliable and economic electric service to consumers, consistent with sustainable use of natural resources. The report includes the following headings: introduction; issues related to the current situation; possible options and requirements for the intermediate term; recommendations for intermediate-term decisions; options for long-term trading in the GMS region; next steps; and conclusion.Publication Developing International Power Markets in East Asia(World Bank, Washington, DC, 1998-05)The Greater Mekong subregion--Cambodia, Lao People's Democratic Republic, Myanmar, Thailand, Vietnam, and the Yunnan Province of southern China--has good potential for international power trade. Initial interest in this market is being spearheaded by private developers negotiating bilateral cross-border trade agreements. But experience in power trade zones in Europe and North America shows that to achieve the benefits of fully fledged trade, the countries in the subregion need to closely coordinate electricity sector policy, operating protocols, and network development. This Note sets out the market development options, reviews sector reforms so far, assesses the obstacles to full power trade, and briefly outlines multilateral efforts to promote an infrastructure that will support international power trade in the subregion.Publication The Potential of Regional Power Sector Integration : South African Power Pool Transmission and Trading Case Study(World Bank, Washington, DC, 2009-10)Developing countries are increasingly pursuing and benefitting from regional power system integration (RPSI) as an important strategy to help provide reliable, affordable electricity to their economies and citizens. Increased electricity cooperation and trade between countries can enhance energy security, bring economies-of-scale in investments, facilitate financing, enable greater renewable energy penetration, and allow synergistic sharing of complementary resources. This briefing note draws from the experiences of RPSI schemes around the world to present a set of findings to help address these challenges. It is based on case studies of 12 RPSI projects and how they are dealing with key aspects of RPSI, such as: (i) finding the right level of integration; (ii) optimizing investment on a regional basis; (iii) appropriate regional institutions (iv) technical and regulatory harmonization; (v) power sector reform and integration (vi) the role of donor agencies (vii) reducing emissions through RPSI; and (viii) RPSI and renewable energy.Publication Does Reform of Energy Sector Networks Improve Access for the Poor?(World Bank, Washington, DC, 2000-05)Unless energy can be produced and delivered more cheaply, it will stay beyond the reach of many of the poor. For energy delivered through networks, the costs that matter are not only the unit energy costs, but the costs of extending the network--into an urban slum, for example, or to a rural town. Extending a network can be very expensive--a major barrier to access for poor households and small or isolated communitieds. A central goal of the reform of electricity and gas networks, now occurring in an increasing number of developed and developing countries, is to provide incentives to reduce the costs of producing energy and getting it to consumers. New technologies in electricity are drastically reducing costs. But transmission costs are still a major hurdle to expanding networks in isolated or lightly populated areas. As a result it is the urban poor who stand the greatest chance of benefiting from network reform. For the rural poor, alternative solutions, including mini-grid and off-grid services, may be required.
Users also downloaded
Showing related downloaded files
Publication Azerbaijan : Towards Green Growth - Issues Note(World Bank, Washington, DC, 2022-09)The welfare and economic growth of Azerbaijan’s development trajectory based on fossil fuel extraction has come at the expense of the environment, other non-oil industries, and human capital growth. Due to its lack of economic diversification, the country is highly vulnerable to transition risks, volatility of fossil fuel markets, and climate change. This note, produced in support of Azerbaijan’s ambition for green growth, identifies how increased climate action and greening of a number of sectors have the potential to spur diversification of Azerbaijan’s economy, contribute to addressing sector- and country-specific environmental challenges and goals, reduce greenhouse (GHG) emissions, address the identified physical and transitional climate risks and vulnerabilities, and strengthen long-term climate resilience of the country. Investments in resource efficiency, sustainable intensification of agriculture, better land use and urban planning, water and waste management, switching to cost-effective renewable energy, and research on low-carbon hydrogen and Caspian maritime space are the green measures that can have an immediate positive impact on Azerbaijan’s economy and the environment. The first stage in identifying areas for wealth development will be a comprehensive green growth and asset diversification strategy, informed by detailed sectoral analysis and supported by capable institutions. Once mobilized by public sector interventions through policies to enable and incentivize green investments and green finance instruments, private enterprises will take the lead in relocating capital to green supply chains, creating jobs and building human capital while increasing the focus on innovation and efficiency. Cutting system leak emissions in the oil and gas industry could contribute significantly to reducing GHG emissions at lower costs. Enhancing the environmental performance of enterprises will be made possible by promoting eco-efficient policies and investments in cleaner production and technologies. Beginning now and leveraging this transition to green growth and diversification through the use of public resources and revenues from fossil fuel exports, Azerbaijan can mitigate certain short-term difficulties and promote long-term sustainable growth to ensuring a cleaner environment and economic prosperity.Publication Business Ready 2024(Washington, DC: World Bank, 2024-10-03)Business Ready (B-READY) is a new World Bank Group corporate flagship report that evaluates the business and investment climate worldwide. It replaces and improves upon the Doing Business project. B-READY provides a comprehensive data set and description of the factors that strengthen the private sector, not only by advancing the interests of individual firms but also by elevating the interests of workers, consumers, potential new enterprises, and the natural environment. This 2024 report introduces a new analytical framework that benchmarks economies based on three pillars: Regulatory Framework, Public Services, and Operational Efficiency. The analysis centers on 10 topics essential for private sector development that correspond to various stages of the life cycle of a firm. The report also offers insights into three cross-cutting themes that are relevant for modern economies: digital adoption, environmental sustainability, and gender. B-READY draws on a robust data collection process that includes specially tailored expert questionnaires and firm-level surveys. The 2024 report, which covers 50 economies, serves as the first in a series that will expand in geographical coverage and refine its methodology over time, supporting reform advocacy, policy guidance, and further analysis and research.Publication Global Economic Prospects, June 2024(Washington, DC: World Bank, 2024-06-11)After several years of negative shocks, global growth is expected to hold steady in 2024 and then edge up in the next couple of years, in part aided by cautious monetary policy easing as inflation gradually declines. However, economic prospects are envisaged to remain tepid, especially in the most vulnerable countries. Risks to the outlook, while more balanced, are still tilted to the downside, including the possibility of escalating geopolitical tensions, further trade fragmentation, and higher-for-longer interest rates. Natural disasters related to climate change could also hinder activity. Subdued growth prospects across many emerging market and developing economies and continued risks underscore the need for decisive policy action at the global and national levels. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.Publication Classroom Assessment to Support Foundational Literacy(Washington, DC: World Bank, 2025-03-21)This document focuses primarily on how classroom assessment activities can measure students’ literacy skills as they progress along a learning trajectory towards reading fluently and with comprehension by the end of primary school grades. The document addresses considerations regarding the design and implementation of early grade reading classroom assessment, provides examples of assessment activities from a variety of countries and contexts, and discusses the importance of incorporating classroom assessment practices into teacher training and professional development opportunities for teachers. The structure of the document is as follows. The first section presents definitions and addresses basic questions on classroom assessment. Section 2 covers the intersection between assessment and early grade reading by discussing how learning assessment can measure early grade reading skills following the reading learning trajectory. Section 3 compares some of the most common early grade literacy assessment tools with respect to the early grade reading skills and developmental phases. Section 4 of the document addresses teacher training considerations in developing, scoring, and using early grade reading assessment. Additional issues in assessing reading skills in the classroom and using assessment results to improve teaching and learning are reviewed in section 5. Throughout the document, country cases are presented to demonstrate how assessment activities can be implemented in the classroom in different contexts.Publication Morocco Economic Update, Winter 2025(Washington, DC: World Bank, 2025-04-03)Despite the drought causing a modest deceleration of overall GDP growth to 3.2 percent, the Moroccan economy has exhibited some encouraging trends in 2024. Non-agricultural growth has accelerated to an estimated 3.8 percent, driven by a revitalized industrial sector and a rebound in gross capital formation. Inflation has dropped below 1 percent, allowing Bank al-Maghrib to begin easing its monetary policy. While rural labor markets remain depressed, the economy has added close to 162,000 jobs in urban areas. Morocco’s external position remains strong overall, with a moderate current account deficit largely financed by growing foreign direct investment inflows, underpinned by solid investor confidence indicators. Despite significant spending pressures, the debt-to-GDP ratio is slowly declining.