Regulatory Lessons from Argentina's Power Concessions
In the early 1990s, Argentina vertically separated and privatized most of its electricity industry. Transmission and distribution, considered natural monopolies, were sold by concession. The main objectives of the reforms were efficient pricing and...
| Main Authors: | , |
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| Format: | Viewpoint |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/1996/09/693097/regulatory-lessons-argentinas-power-concessions http://hdl.handle.net/10986/11609 |
| Summary: | In the early 1990s, Argentina vertically
separated and privatized most of its electricity industry.
Transmission and distribution, considered natural
monopolies, were sold by concession. The main objectives of
the reforms were efficient pricing and production levels in
the short term and enough investment to meet demand over the
longer term. The authors look at the design of the
regulatory features of the concession contracts and discuss
the implications for long-term investment in the power sector. |
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