The World Bank S Role In The Electric Power Sector

Author : Anonim
Publisher : World Bank Publications
Page : 88 pages
File Size : 40,6 Mb
Release : 1993-01-01
Category : Business & Economics
ISBN : 0821323180

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The World Bank's Role in the Electric Power Sector by Anonim Pdf

The World Bank is changing the way it does business in the energy sector. This Policy Paper is one of two that outlines the Bank's new policies for the sector. The review was prompted by concern about the effects of power generation on the environment and on populations that may be resettled to make way for projects. Another stimulus was the macroeceonomic reality of fewer investment resources in many countries. And many developing countries are becoming more receptive to reforming the way energy is produced and consumed. This paper credits the "public monopoly" approach of the last 30 years with facilitating expansion of power supplies, capturing technical economies of scale, and making effective use of scarce managerial and technical skills. Nonetheless, it recommends several new policies to improve the performance of the electric power sector in developing countries. These reforms will guide future Bank activities in the sector. Bank loans for electric power will go first to countries clearly committed to improving the performance of their power sectors. The Bank will also discourage subsidies on energy prices and will encourage private investment in utilities. And it will provide financing to help the least developed countries import power where local generation is not practical. The efficiency of production and use of electric power in developing countries is examined in a companion paper, Energy Efficiency and Conservation in the Developing World: The World Banks Role . The World Bank's Role in the Electric Power Sector is also available in Spanish: La funcion del Banco Mundial en el sector de la electricidad. Politicas para efectuar una reforma institucional, regulatoria, y financieria eficaz. (ISBN 0-8213-2451-9) / Stock No. 12451 / $7.95 / Price code 007 / Spanis

Author : Fernando Reyes Manibog,Rafael Dominguez,Stephan Wegner
Publisher : World Bank Publications
Page : 172 pages
File Size : 55,6 Mb
Release : 2003-01-01
Category : Business & Economics
ISBN : 0821356933

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Power for Development by Fernando Reyes Manibog,Rafael Dominguez,Stephan Wegner Pdf

This publication evaluates the performance of the World Bank Group (WBG) during the 1990s in promoting private sector development in the electric power sector in 80 countries. Main findings include that where countries showed a commitment to advancing reforms in promoting private sector development and where programmes were properly implemented, the expected benefits were delivered. However, quality of outcomes depended on the objectives pursued and on types of assistance provided, with most countries remaining in the early stages of reform.

Author : Mohua Mukherjee
Publisher : World Bank Publications
Page : 182 pages
File Size : 40,7 Mb
Release : 2014-10-21
Category : Business & Economics
ISBN : 9781464803406

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Private Participation in the Indian Power Sector by Mohua Mukherjee Pdf

Massive private investment that complements public investment is needed to close the demand-supply gap and make reliable power available to all Indians. Government efforts have sought to attract private sector funding and management efficiency throughout the electricity value chain, adapting its strategy over time.

Author : Luiz Maurer,Luiz Barroso
Publisher : World Bank Publications
Page : 181 pages
File Size : 47,8 Mb
Release : 2011-07-25
Category : Business & Economics
ISBN : 9780821388242

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Electricity Auctions by Luiz Maurer,Luiz Barroso Pdf

Electricity-contract auctions have been getting increased attention as they have emerged as a successful mechanism to procure new generation capacity and. This book presents a comprehensive overview of international experiences in auction design and implementation.

Author : Mohan Munasinghe,Joseph Gilling,Melody Mason
Publisher : World Bank Publications
Page : 108 pages
File Size : 42,6 Mb
Release : 1989
Category : Electric utilities
ISBN : 8210379456XXX

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A Review of World Bank Lending for Electric Power by Mohan Munasinghe,Joseph Gilling,Melody Mason Pdf

More people worldwide have access to electric power -- but the overall performance of sector utilities is deteriorating. Bank lending should place greater emphasis on improved economic, financial, and managerial efficiency.

Author : Shiwei Shao
Publisher : World Bank Publications
Page : 174 pages
File Size : 42,5 Mb
Release : 1997
Category : Political Science
ISBN : 0821339133

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China by Shiwei Shao Pdf

Based on a report by a World Bank task force, this book provides a candid assessment of the Bank's operations in Sub-Saharan Africa. The book examines how the Bank can strengthen its operational response to poverty and improve food security, recommends improvements and innovative approaches to poverty reduction, and discusses ways of strengthening and making further use of regional initiatives. Although the report identifies improvements in the work on poverty reduction that have taken place since 1995, it finds that much remains to be done: * On average, 45 to 50 percent of Sub-Saharan Africans live below the poverty line, a much higher proportion than any other region of the world except South Asia. * The commitment of governments to poverty reduction is usually weak; only about 12 African governments have such a commitment. * Economic growth rates are generally far too low to reduce poverty significantly; growth rates of 6.5 percent per year are required for countries in this region to reduce poverty at an acceptable rate. * The World Bank's lending has emphasized growth, focusing almost 58 percent of its assistance to the region on creating the mechanisms for growth through policy change and large-scale investments. * The World Bank's focus on poverty reduction in programming and lending must intensify in all its operational work. * All development partners should establish stronger collaboration in planning their assistance programs.

Author : Vivien Foster,Anshul Rana
Publisher : World Bank Publications
Page : 454 pages
File Size : 44,7 Mb
Release : 2019-12-05
Category : Science
ISBN : 9781464814433

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Rethinking Power Sector Reform in the Developing World by Vivien Foster,Anshul Rana Pdf

During the 1990s, a new paradigm for power sector reform was put forward emphasizing the restructuring of utilities, the creation of regulators, the participation of the private sector, and the establishment of competitive power markets. Twenty-five years later, only a handful of developing countries have fully implemented these Washington Consensus policies. Across the developing world, reforms were adopted rather selectively, resulting in a hybrid model, in which elements of market orientation coexist with continued state dominance of the sector. This book aims to revisit and refresh thinking on power sector reform approaches for developing countries. The approach relies heavily on evidence from the past, drawing both on broad global trends and deep case material from 15 developing countries. It is also forward looking, considering the implications of new social and environmental policy goals, as well as the emerging technological disruptions. A nuanced picture emerges. Although regulation has been widely adopted, practice often falls well short of theory, and cost recovery remains an elusive goal. The private sector has financed a substantial expansion of generation capacity; yet, its contribution to power distribution has been much more limited, with efficiency levels that can sometimes be matched by well-governed public utilities. Restructuring and liberalization have been beneficial in a handful of larger middle-income nations but have proved too complex for most countries to implement. Based on these findings, the report points to three major policy implications. First, reform efforts need to be shaped by the political and economic context of the country. The 1990s reform model was most successful in countries that had reached certain minimum conditions of power sector development and offered a supportive political environment. Second, countries found alternative institutional pathways to achieving good power sector outcomes, making a case for greater pluralism. Among the top performers, some pursued the full set of market-oriented reforms, while others retained a more important role for the state. Third, reform efforts should be driven and tailored to desired policy outcomes and less preoccupied with following a predetermined process, particularly since the twenty-first-century century agenda has added decarbonization and universal access to power sector outcomes. The Washington Consensus reforms, while supportive of the twenty-first-century century agenda, will not be able to deliver on them alone and will require complementary policy measures

Author : The World Bank
Publisher : World Bank Publications
Page : 174 pages
File Size : 53,7 Mb
Release : 2011-09-14
Category : Business & Economics
ISBN : 9780821388709

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One Goal, Two Paths by The World Bank Pdf

Despite the East Asia and Pacific (EAP) region's impressive economic growth, over 1 billion of its people still lack access to electricity and modern cooking solutions. To achieve universal access to modern energy by 2030, this book exhorts EAP countries to advance simultaneously on two paths: (1) accelerate programs for grid and off-grid electricity through appropriate policies and innovative technologies; and (2) scale up access to clean cooking fuels and efficient cooking stoves, particularly for biomass in poor rural areas.

Author : Robert P. Taylor,Chandrasekar Govindarajalu,Jeremy Levin,Anke S. Meyer,William A. Ward
Publisher : World Bank Publications
Page : 304 pages
File Size : 50,6 Mb
Release : 2008-02-08
Category : Science
ISBN : 0821373056

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Financing Energy Efficiency by Robert P. Taylor,Chandrasekar Govindarajalu,Jeremy Levin,Anke S. Meyer,William A. Ward Pdf

While energy efficiency projects could partly meet new energy demand more cheaply than new supplies, weak economic institutions in developing and transitional economies impede developing and financing energy efficiency retrofits. This book analyzes these difficulties, suggests a 3-part model for projectizing and financing energy efficiency retrofits, and presents thirteen case studies to illustrate the issues and principles involved.

Author : Maria Vagliasindi
Publisher : World Bank Publications
Page : 137 pages
File Size : 50,7 Mb
Release : 2013-04-05
Category : Business & Economics
ISBN : 9780821397626

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Revisiting Public-Private Partnerships in the Power Sector by Maria Vagliasindi Pdf

Given the chronic power shortages faced by numerous developing countries, and the need everywhere to keep pace with demand, understanding the drivers of public private partnerships (PPPs) in energy is critical. While many private electricity projects have been delayed and financing costs have increased, the impact of the global financial crisis was less severe than that of previous crises that originated in developing countries. This resilience stems from developing countries’ need to expand generation capacity, electricity sector reforms and better regulatory frameworks, and short-term solutions (such as rental power plants). The study reports the evidence from statistical analysis and a sample of case studies selected based. It proposes a novel analytical approach to model PPPs, using a two-stage procedure based on Heckman’s sample selection distinguishing between those factors that determine whether private investment in energy takes place, and those that influence the volume of investment. The results of the analysis provide the following conclusions: • Both general governance and regulatory instrument primarily affect investors’ decisions to enter the various power sector markets, not the subsequent level of investment – indicating that investors seem to be adequately protected against risks. • Support mechanisms, like feed-in tariffs, are crucial for attracting investors in renewable generation, but they do not succeed in displacing fossil fuel investment and they could play a bigger role in affecting the level of investment in renewables. • There is a significant trade-off between effectiveness and efficiency of alternative instruments for deploying renewables. Feed-in tariffs tended to be quite effective but to be set on the high side, reducing incentives to cut costs and posing significant strains on already stripped national budgets. Competitive auctions, on the other hand have tended to be efficient but initially low and not always the most effective instrument. • Countries can scale up renewables following different paths. For Brazil, the move from feed-in tariffs to auctions enabled it to both reduce costs and deploy additional capacity. Peru followed in Brazil’s path, opting for auctions instead of introducing feed-in tariffs. On the other hand, China’s move from competitive tenders to feed-in tariffs allowed for discovery effects to determine the right level of prices to attract private investment in renewables.

Author : Mirlan Aldayarov,Istvan Dobozi,Thomas Nikolakakis
Publisher : World Bank Publications
Page : 140 pages
File Size : 51,6 Mb
Release : 2017-02-27
Category : Science
ISBN : 9781464809729

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Stuck in Transition by Mirlan Aldayarov,Istvan Dobozi,Thomas Nikolakakis Pdf

The large-scale transformation of Kazakhstan’s power sector following independence in 1991 was reflected by the country’s move toward liberalizing the market and implementing sector regulation. As an early adopter of a liberalized multimarket model consisting of bilateral, spot, balancing, ancillary, and capacity submarkets Kazakhstan’s power sector was regarded a market reform leader among countries of the former Soviet Union, having achieved a much improved supply and demand balance and service quality. However, despite the noteworthy headway, sector reforms remain predominantly as unfinished business. The excess generation capacity that was inherited from the former Soviet Union at a time when the “energy-only†? market prices were too low to attract serious investors has masked the need to reflect on the long-term outlook of the country’s power production. As the investment crunch unfolded in the mid-2000s, a diverging concern almost immediately arose; that is, the capacity additions of existing and planned generations may not be sufficient to keep pace with the perpetuating and significant increase in the demand for power. Instead of applying market mechanisms to allow prices to rise and reflect the underlying supply and demand gap, the GoK addressed the issue by implementing administrative, command-and-control measures. This study draws on the World Bank’s long-standing engagement in Kazakhstan’s energy sector and a number of recent technical assistance and advisory support activities. The study aims to (i) objectively identify the principal challenges faced by the Kazakhstan power sector in its ongoing transition and outlining potential policy options; and (ii) draw lessons from Kazakhstan’s experience in sector reforms for the broader international audience. The study covers broader sector issues including long-term least-cost power system planning, supply and demand balancing, tariff setting, market structure, and integration of renewable energy.

Author : Hugh Collier
Publisher : Johns Hopkins University Press
Page : 208 pages
File Size : 41,6 Mb
Release : 1984
Category : Electric power
ISBN : UCAL:B4532336

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Developing Electric Power by Hugh Collier Pdf

The purpose of this book is to describe and extract some lessons from the World Bank's lending for electric power development, to review not only the objectives the Bank has deemed important for the success of its operations in this field, but also the policies and methods it has followed to reach those objectives, and to provide some assessment of the results. The Bank is the world's largest development agency and can reasonably claim to be the most influential. It is known to have high standards of project appraisal. It also has policies and requirements that it tries to ensure are followed in the execution and operation of the projects it finances. It has gathered experience over more than thirty years with lending operations in every part of the Third World. It claims that its contribution to developing countries is not confined to the funds it makes available but that it also strengthens its borrowers' ability to carry out projects; that is, "institution building" is an important aspect of its work. What then is the result of all this activity? What policies has if followed? How well have they achieved their objective, and what does this indicate about the best methods to develop electric power? This book tries to answer, or to provide the material for an answer, to these kind of questions.

Author : Tooraj Jamasb
Publisher : World Bank Publications
Page : 78 pages
File Size : 53,8 Mb
Release : 2005
Category : Electric power
ISBN : 8210379456XXX

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Electricity Sector Reform in Developing Countries by Tooraj Jamasb Pdf

"Driven by ideology, economic reasoning, and early success stories, vast amounts of financial resources and effort have been spent on reforming infrastructure industries in developing countries. It is therefore important to examine whether evidence supports the logic of reforms. The authors review the empirical evidence on electricity reform in developing countries. They find that country institutions and sector governance play an important role in the success and failure of reform. And reforms also appear to have increased operating efficiency and expanded access to urban customers. However, the reforms have to a lesser degree passed on efficiency gains to customers, tackled distributional effects, and improved rural access. Moreover, some of the literature is not methodologically robust and on par with general development economics literature. Further, findings on some issues are limited and inconclusive, while other important areas are yet to be addressed. Until we know more, implementation of reforms will be more based on ideology and economic theory rather than solid economic evidence. "--World Bank web site.

Author : Anonim
Publisher : World Bank Publications
Page : 178 pages
File Size : 40,8 Mb
Release : 2008-01-01
Category : Business
ISBN : 9780821373682

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The Welfare Impact of Rural Electrification by Anonim Pdf

Rural electrification can have many benefits-not only bringing lighting, but improving the quality of health care, spreading information and supporting productive enterprises. The extent of these benefits has been questioned, arguing that they may be insufficient to justify the investment costs. This book quantifies these benefits. It finds that the benefits can indeed be high, substantially outweighing the costs, and that consumer willingness to pay is generally sufficient to achieve financial sustainability. However, benefits could be increased further by providing smart subsidies to assist connections for poorer households, promote productive uses and further consumer education.

Author : Fernando Reyes Manibog,Rafael Dominguez,Stephan Wegner
Publisher : Unknown
Page : 132 pages
File Size : 49,6 Mb
Release : 2003-01-01
Category : Economic development projects
ISBN : 0821356941

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Power for Development by Fernando Reyes Manibog,Rafael Dominguez,Stephan Wegner Pdf