World Bank2014-04-222014-04-222006-12https://hdl.handle.net/10986/17947The 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.en-USCC BY 3.0 IGOACCOUNTINGACCOUNTING SYSTEMSACTUAL COSTSADBAPPROACHARBITRAL AWARDSAUDITINGBORDER TRANSMISSIONBUILD OWNCAPACITY CHOICESCENTRAL AMERICACOMMERCIAL RISKSCOMPETITIVE ADVANTAGECOMPETITIVE MARKETSCONTRACTING OBLIGATIONCONTRACTUAL AGREEMENTSDISTRIBUTION COMPANIESDISTRIBUTION FACILITIESECONOMIC GROWTHELECTRIC POWERELECTRIC SERVICEELECTRICITYELECTRICITY INDUSTRYELECTRICITY MARKETELECTRIFICATIONENERGY PLANNERSENERGY PRICEENERGY PRICINGFIXED COSTSFOREIGN INVESTMENTGENERATING CAPACITYGENERATING UNITSGENERATIONGENERATORSINDEPENDENT POWER PRODUCERSINTERNATIONAL CONTRACTSINVENTORYMARKET POWERMARKET REGULATIONMARKET RISKMARKET RULESMARKET STRUCTUREMARKET STUDYMIGRATIONNATURAL RESOURCESOPEN ACCESSOPERATING COSTSPEAK DEMANDPILOT PROJECTSPOWERPOWER PLANTPOWER PRODUCERSPOWER PURCHASEPOWER PURCHASE AGREEMENTSPOWER SECTORPOWER TRADEPRIVATIZATIONREGULATORY FRAMEWORKRENEWABLE ENERGYRETURN ON INVESTMENTSALESALESSAVINGSSECONDARY MARKETSECONDARY MARKETSSPOT MARKETSUPPLY OF ELECTRICITYTECHNICAL ASSISTANCETRANSITION ECONOMIESTRANSMISSION CAPACITYTRANSMISSION INFRASTRUCTURETRANSMISSION LINETRANSMISSION PRICINGTRANSMISSION SYSTEMTRANSMISSION SYSTEMSUTILITIESVOLTAGEWHOLESALE MARKETS10.1596/17947