World Bank2013-03-142013-03-142009-09https://hdl.handle.net/10986/12716The five main lessons for Southern Africa from our review of the experiencewith cross-border power trading in other regions of the work are that: Security of supply concerns need to be explicitly addressed and understood by the parties to proposed cross-border transactions. Regional entities need to be empowered to make decisions based on legally enforceable national government commitments, particularly in relation to planning, pricing, and settlement rules. Bilateral trading provides a basis for expanding trading volumes, both through constructing the physical infrastructure that future deals will use and by establishing workable legal and regulatory frameworks. Power pools will help to generate sustained increases in cross-border trading along with other regional trading arrangements, particularly in power systems with several interconnection. The substance and process of regulatory reviews in importing and exporting countries must be clear to create sufficient investment certainty.en-USCC BY 3.0 IGOAMOUNT OF POWERAPPROACHAVAILABILITYBIDSBILATERAL TRANSACTIONSBORDER TRADEBORDER TRANSMISSIONBROKERBUYERBUYERSCAPABILITYCAPITAL COSTSCAPITAL EXPENDITURESCARGOCOALCOMMERCIAL RISKSCOMPETITIVE MARKETSCOMPETITIVENESSCONCESSIONSCOPYRIGHTCOST RECOVERYCREDIBILITYDEBTDECISION MAKING PROCESSDEFAULTSDEVELOPMENT BANKDEVELOPMENT FINANCEDISPUTE RESOLUTIONDOMESTIC ENERGYDOMESTIC MARKETDURABLEECONOMIES OF SCALEELECTRIC POWERELECTRICAL ENERGYELECTRICITYELECTRICITY CONSUMERSELECTRICITY CONSUMPTIONELECTRICITY GENERATIONELECTRICITY GENERATION CAPACITYELECTRICITY INFRASTRUCTUREELECTRICITY MARKETELECTRICITY SUPPLYELECTRICITY TRADEELECTRIFICATIONENERGY DEMANDENERGY TRANSPORTENFORCEABILITYENTERPRISE SURVEYSEQUIPMENTEXPENDITURESEXPORTEREXPORTERSFEDERAL POWER COMMISSIONFINANCIAL SETTLEMENTSFOREIGN INVESTMENTSFORGIVENESSFUTURE DEMANDGENERATING CAPACITYGENERATIONGENERATION CAPACITYGOVERNMENT COMMITMENTSGOVERNMENT POLICYGOVERNMENT SUPPORTGRIDSHYDRO PLANTHYDROPOWERINFRASTRUCTURE INVESTMENTINSTITUTIONINSTITUTIONAL FRAMEWORKINSTITUTIONAL SUPPORTINTERNATIONAL DEVELOPMENTINTERNATIONAL ENERGYINVESTMENT CLIMATEINVESTMENT DECISIONSLEGAL AUTHORITYLEGAL FRAMEWORKLNGLOANMARKET PARTICIPANTSMARKET PRICESMARKET REGULATIONMARKET RULESMARKET TRADINGMARKET TRANSACTIONSMARKETINGMATERIALNET INCOMENETWORKSPEAK CAPACITYPEAK DEMANDPEAK ELECTRICITY DEMANDPHYSICAL INFRASTRUCTUREPIPELINESPLANT OPERATORSPLANT PERFORMANCEPOLITICAL ECONOMYPOTENTIAL INVESTORSPOWERPOWER COMPANYPOWER CONSUMPTIONPOWER DEMANDPOWER DEVELOPMENTPOWER OUTAGESPOWER PLANNINGPOWER PLANTSPOWER POOLSPOWER PRODUCERPOWER PRODUCERSPOWER PROJECTSPOWER PURCHASEPOWER PURCHASE AGREEMENTSPOWER PURCHASESPOWER PURCHASING COSTSPOWER SECTORPOWER SECTOR PLANNINGPOWER SECTORSPOWER SHORTAGESPOWER STATIONPOWER SUPPLIESPOWER SYSTEMPOWER SYSTEMSPOWER TRADEPOWER TRADINGPOWER TRANSACTIONSPRICING REGIMEPRIVATE INVESTMENTPRIVATE SECTORPRIVATE SECTOR FINANCEPRIVATE SECTOR INVESTMENTPRIVATE SECTOR PARTICIPATIONPROJECT MANAGEMENTPROTOCOLPROTOCOLSPUBLIC UTILITIESPUBLIC UTILITYPUBLIC UTILITY COMMISSIONREGIONAL INFRASTRUCTUREREGULATORY AUTHORITIESREGULATORY AUTHORITYREGULATORY ENVIRONMENTREGULATORY FRAMEWORKREGULATORY FRAMEWORKSREGULATORY REQUIREMENTSREGULATORY SCRUTINYRELIABILITYRESERVERESULTRESULTSRETAIL TARIFFSRETURNRISK ALLOCATIONRISK CAPITALRISK MANAGEMENTSENSITIVE INFORMATIONSETTLEMENTSOFT LOANSSPOT MARKETSPOT MARKET PURCHASESSPOT MARKET TRADINGSPOT MARKET TRANSACTIONSSTANDARDIZATIONSTATE UTILITYSUPPLY CONTRACTSSURPLUS POWERTECHNICAL ASSISTANCETECHNICAL ISSUESTECHNICAL REQUIREMENTSTELECOMMUNICATIONTELECOMMUNICATIONSTIME PERIODTOLLTRADINGTRANSACTIONTRANSACTION COSTSTRANSLATIONTRANSMISSION ASSETSTRANSMISSION CAPACITYTRANSMISSION FACILITIESTRANSMISSION GRIDTRANSMISSION INFRASTRUCTURETRANSMISSION LINETRANSMISSION LINESTRANSMISSION ORGANIZATIONTRANSMISSION OWNERSTRANSMISSION PRICINGTRANSMISSION SYSTEMTRANSMISSION SYSTEMSTRANSPARENCYTREASURYTREATIESTREATYUSESUTILITIESVEHICLESVOLTAGEWHITE PAPERWORLD TRADEWorld Bank10.1596/12716