World Bank2014-09-302014-09-302000-08https://hdl.handle.net/10986/20312This report summarizes the Bolivian power sector reform experience from 1993 until the end of 1999. The reform of Bolivia's electric sector is considered one of the most successful to date. Bolivia opted for both vertical and horizontal separation. Large power company generations units were capitalized; transmission grid and distribution were privatized. Since the capitalization or privatization, there has been a dramatic expansion in generation capacity, and distribution networks are also growing well. However, access to electricity remains limited. The main issues in the sector are now a) privatizing the smaller systems, and b) expanding access in the under-served rural areas. A review will be essential after a few years of implementation. The effect of power sector reform on poverty alleviation will need to be assessed at that point.en-USCC BY 3.0 IGOACCESS TO ELECTRICITYACCESS TO MODERN ENERGYBIDDINGBOOK VALUECAPITAL MARKETSCENTRAL BANKCHOICE IN ELECTRICITYCOMPETITIVE EQUILIBRIUMCOMPETITIVE POWERCONCESSION CONTRACTCONCESSION SYSTEMCONSUMERSCOST OF TRANSMISSIONCOSTS OF ENERGYDEBTDEMAND GROWTHDEREGULATIONDISTRIBUTION COMPANIESECONOMIC DEVELOPMENTECONOMIC GROWTHECONOMIC RESEARCHECONOMIC SECTORSECONOMISTSELECTRICITYELECTRICITY DISTRIBUTIONELECTRICITY INDUSTRYELECTRICITY LAWELECTRICITY PRICINGELECTRICITY SALESELECTRICITY SUPPLYENERGY DEVELOPMENTENERGY MARKETSENERGY PRICESENERGY SECTOR MANAGEMENT ASSISTANCEENERGY SECTOR REFORMEQUILIBRIUMEXCESS CAPACITYFUELGAS TURBINEGAS TURBINESGDPGENERATIONGENERATION COMPANIESGENERATION COSTSGENERATION MARKETGENERATORSGROSS DOMESTIC PRODUCTHUMAN CAPITALINCOMEINTERNATIONAL ENERGY AGENCYLIGHTSLIVING CONDITIONSLOCAL CAPITAL MARKETSLOW-VOLTAGEMARGINAL COSTMARGINAL COST PRICINGMARGINAL COSTSMARKET PRICESMARKET VALUENATIONAL RURAL ELECTRICNATURAL GASNATURAL GAS UTILITIESNATURAL MONOPOLYNEW ENTRANTSPOTENTIAL INVESTORSPOVERTY ALLEVIATIONPOWER DEMANDPOWER MARKETSPOWER PLANTSPOWER POOLPOWER SALESPOWER SECTORPOWER SECTOR REFORMPRICE CAPPRICE FLUCTUATIONSPRICE STABILIZATIONPRIVATE OWNERSHIPPRODUCERSRETAILRURAL COMMUNITIESRURAL ELECTRIFICATIONRURAL HOUSEHOLDSSALESSPOT MARKETSPOT PRICESPOT PRICESSUSTAINABLE ENERGYTECHNICAL ASSISTANCETELECOMMUNICATIONSTHERMAL PLANTSTOTAL SALESTRANSACTION COSTSTRANSITION ECONOMIESTRANSMISSIONTRANSMISSION GRIDVARIABLE COSTSWEALTHWHOLESALE ELECTRICITYWHOLESALE ELECTRICITY MARKET10.1596/20312