Download Full eBooks in PDF
Independent Energy Regulation In A Developing Economy Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of Independent Energy Regulation In A Developing Economy book. This book definitely worth reading, it is an incredibly well-written.
Author : Sudha Mahalingam
Publisher : Springer Nature
Page : 160 pages
File Size : 51,5 Mb
Release : 2024-07-04
Category : Electronic
ISBN : 9789819943982
Author : Henrik M. Inadomi
Publisher : Kluwer Law International B.V.
Page : 418 pages
File Size : 40,5 Mb
Release : 2010-01-01
Category : Technology & Engineering
ISBN : 9789041131782
For developing countries, a stable and secure supply of electricity is crucial for development, and for their populations' well-being. Since the early 1990s, the main mechanism for constructing power generation facilities in developing countries has been the independent power project (IPP) model, where a foreign investor enters into long term investment contracts with the national utility. This model has succeeded in attracting investment, but raises complex regulatory and contractual challenges in addition to public concerns. This book - drawing on project contracts, the author's interview sources, case law and literature - analyzes in detail the legal investment protection used by IPP investors to ensure sufficient returns and protect their contracted revenue stream. The author examines how the model's corporate / financial structure interlocks with strong contractual rights and with a number of measures used to improve the host country's creditworthiness in the short and long term (including investment guarantees).The second part of the book identifies that the IPP model normally leads to six main consequences for the host developing country: The IPP model has led to private investment, which has increases reliability, modernization and introduced private standards; It contains an intrinsic structural weakness in times of economic downturns; It has shown a tendency to lead to overinvestment in generation capacity; It has shown a tendency to lead to expensive and suboptimal solutions regarding choice of design and technology; The model (and its institutional surroundings) contains insufficient disincentives against moral hazard and exploitative behavior (including corruption); and The IPP model does not facilitate a further development of the host country's power sector. The author argues that these consequences for development can be improved without detrimentally compromising the private sector's willingness to continue to invest. While pursuing this analysis, the author also explores such issues as the following: ; the web of parties and contracts constituting the IPP model, including the model's risk allocation; an analysis of political risk, including to what extent foreign investors also are protected against commercial and credit risks; the competing needs of predictability and flexibility in long term contracts; how investment arbitration tribunals have reacted both to the change in macroeconomic circumstances caused by the East Asian Crisis of 1997-98, and to numerable and credible allegations of corruption during procurement identification of factors reducing, or increasing, the IPP model's tendency to fail during severe economic recessions
Author : Organisation for Economic Co-operation and Development,International Energy Agency
Publisher : Unknown
Page : 116 pages
File Size : 45,6 Mb
Release : 2001
Category : Business & Economics
ISBN : UOM:39015053047380
The reform of the electricity supply industry is gathering pace in many countries. Independent regulatory agencies and other regulatory bodies have been created, and regulatory responsibilities redefined. This book reviews the evolving institutional structures to regulate the electricity supply industry in IEA member countries.
Author : OECD
Publisher : OECD Publishing
Page : 92 pages
File Size : 44,9 Mb
Release : 2016-07-19
Category : Electronic
ISBN : 9789264255401
This report identifies the critical points where undue influence can be exercised at different moments in the life of a regulator and discusses some of the avenues for developing a culture of independence, including through interactions with stakeholders, staffing and financing.
Author : OECD
Publisher : OECD Publishing
Page : 161 pages
File Size : 43,7 Mb
Release : 2022-10-07
Category : Electronic
ISBN : 9789264684744
Eastern Caribbean countries enjoy rich natural endowments and have achieved significant economic development. Throughout the last decades, they have also been confronted with a number of rising economic, social and environmental challenges.
Author : Sanya Carley,Sara Lawrence
Publisher : Springer
Page : 172 pages
File Size : 52,6 Mb
Release : 2014-07-08
Category : Business & Economics
ISBN : 9781447163411
Energy is becoming a prominent driver of economic development. Each year, billions of dollars are invested around the world by the public and private sectors in low-emissions energy development and energy efficiency planning. Energy-based economic development (EBED) is a domain that seizes the opportunities inherent in clean energy development to drive innovation and generate economic growth. Energy-based economic development: How clean energy can drive development and stimulate economic growth delivers working definitions, common approaches, descriptions of supportive policy mechanisms, and suggested metrics for evaluation. The book offers a unified framework for EBED that is supported by examples and leaves readers better equipped to design, plan, and implement EBED initiatives. Case studies illustrate how national and subnational initiatives adopt to a locale’s energy asset base, energy and economic development needs, and the context in which the initiative operates. Descriptions of the energy projects supported by the American Recovery and Reinvestment Act offer insights about what worked and what did not and suggest ways in which governments can be better prepared to manage EBED projects in the future. This book provides the tools necessary to work toward simultaneous energy and economic development goals and facilitates discussion for an advanced policy agenda of energy efficiency, energy diversification, innovation-led economic growth, and job creation.
Author : Anton Eberhard,Katharine Gratwick,Elvira Morella,Pedro Antmann
Publisher : World Bank Publications
Page : 382 pages
File Size : 51,8 Mb
Release : 2016-04-18
Category : Technology & Engineering
ISBN : 9781464808012
Inadequate electricity services pose a major impediment to reducing extreme poverty and boosting shared prosperity in Sub-Saharan Africa. Simply put, Africa does not have enough power. Despite the abundant low-carbon and low-cost energy resources available to Sub-Saharan Africa, the region s entire installed electricity capacity, at a little over 80 GW, is equivalent to that of the Republic of Korea. Looking ahead, Sub-Saharan Africa will need to ramp-up its power generation capacity substantially. The investment needed to meet this goal largely exceeds African countries already stretched public finances. Increasing private investment is critical to help expand and improve electricity supply. Historically, most private sector finance has been channeled through privately financed independent power projects (IPP), supported by nonrecourse or limited recourse loans, with long-term power purchase agreements with the state utility or another off-taker. Between 1990 and 2014, IPPs have spread across Sub-Saharan Africa and are now present in 17 countries. Currently, there are 125 IPPs, with an overall installed capacity of 10.7 GW and investments of $24.6 billion. However, private investment could be much greater and less concentrated. South Africa alone accounts for 67 IPPs, 4.3 GW of capacity and $14.4 billion of investments; the remaining projects are concentrated in a handful of countries. The objective of this study is to evaluate the experience of IPPs and identify lessons that can help African countries attract more and better private investment. At the core of this analysis is a reflection on whether IPPs have in fact benefited Sub-Saharan Africa, and how they might be improved. The analysis is based primarily on in depth case studies, carried out in five countries, including Kenya, Nigeria, South Africa, Tanzania and Uganda, which not only have the most numerous but also among the most extensive experience with IPPs.
Author : Luis Andres
Publisher : World Bank Publications
Page : 57 pages
File Size : 48,7 Mb
Release : 2007
Category : Accountability
ISBN : 8210379456XXX
Abstract: This paper focuses on an evaluation and benchmarking of the governance of regulatory agencies in the electricity sector in Latin American Countries (LAC). Using a unique database, we develop an index of regulatory governance and rank all the agencies in the LAC countries. The index is an aggregate number of the evaluation of four key governance characteristics: autonomy, transparency, accountability, and regulatory tools, including not only formal aspects of regulation but also indicators related to actual implementation. Based on 18 different indexes, we analyze the positions of agencies with regard to different aspects of their regulatory governance, considering not only performance in each variable but also scores in the different components of each category. This evaluation allows for the identification of particular country shortcomings regarding governance, and indicates needed improvements. Although the region shows an overall good governance design of their regulatory agencies, the implementation of the independent regulator model still faces several challenges. This is particularly evident in political autonomy and in the informal aspects of governance, where the region shows the largest number of countries with the lowest scores. Trinidad and Tobago and Brazil show the best results and Ecuador, Honduras, and Chile the poorest performances. The rest of the countries vary according to the different indexes. We give each governance variable equal weights and positively test the robustness of our approach using Principal Component Analysis.
Author : Daniel Müller-Jentsch
Publisher : World Bank Publications
Page : 90 pages
File Size : 55,7 Mb
Release : 2001-01-01
Category : Science
ISBN : 0821349104
Annotation The main objective of this report is to outline key policy issues that need to be addressed in order to achieve energy sector reform at the national and regional levels.
Author : United States. Congress. Senate. Committee on Appropriations
Publisher : Unknown
Page : 1926 pages
File Size : 50,6 Mb
Release : 2007
Category : Economic assistance, American
ISBN : PSU:000058156506
Author : Anonim
Publisher : Unknown
Page : 1924 pages
File Size : 53,6 Mb
Release : 2006
Category : Electronic
ISBN : UOM:39015085443847
Author : United States. Congress. House. Committee on Appropriations. Subcommittee on Foreign Operations, Export Financing, and Related Programs
Publisher : Unknown
Page : 2108 pages
File Size : 55,8 Mb
Release : 2005
Category : Exports
ISBN : MINN:31951D024805128
Author : United States. Congress. Senate. Committee on Appropriations. Subcommittee on State, Foreign Operations, and Related Programs
Publisher : Unknown
Page : 1922 pages
File Size : 41,9 Mb
Release : 2006
Category : Economic assistance, American
ISBN : IND:30000112699149
Author : Anthony David Owens
Publisher : EOLSS Publications
Page : 422 pages
File Size : 46,8 Mb
Release : 2009-11-25
Category : Electronic
ISBN : 9781905839339
Energy Policy is a component of the Encyclopedia of Energy Sciences, Engineering and Technology Resources which is part of the global Encyclopedia of Life Support Systems (EOLSS), an integrated compendium of twenty one Encyclopedias. Energy policy addresses the economic, environmental, political, planning, and social aspects of energy supply and utilization that confront decision makers, corporate planners, managers, consultants, politicians, and researchers. Energy is of considerable importance given its strategic relevance as a raw material for industry, particularly energy intensive industries, for the quality of life, and for the creation of jobs. The level of energy prices is a critical factor in production costs and prices, and consequently has an important impact on government policy relating to sustainable economic growth, job creation, and prosperity. The book provides a background on the theory and application of policy as it relates to the energy sector, particularly with respect to market failures and potential policy remedies to the energy/ environment dilemma. This volume is aimed at the following five major target audiences: University and College Students, Educators, Professional Practitioners, Research Personnel and Policy Analysts, Managers, and Decision Makers and NGOs.
Author : Tabor Evans
Publisher : World Bank Publications
Page : 25 pages
File Size : 52,9 Mb
Release : 2007
Category : Fiction
ISBN : 9780515142549
When the judge in charge of the murderous Tull family's trial begins receiving death threats, Deputy U.S. Marshal Custis Long must dodge bullets at every turn to get the judge to the courthouse--alive. Original.