Power Market Structure : Revisiting Policy Options

The objectives of this power market structure study is to develop a taxonomy of the existing power market structures, as shown by the extent of vertical and horizontal unbundling found among restructured power systems across developing countries; t...

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Main Authors: Vagliasindi, Maria, Besant-Jones, John
Format: Publication
Language:English
en_US
Published: Washington, DC: World Bank 2013
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2013/03/17473608/power-market-structure-revisiting-policy-options-power-market-structure-revisiting-policy-options
http://hdl.handle.net/10986/13115
id okr-10986-13115
recordtype oai_dc
spelling okr-10986-131152021-04-23T14:03:06Z Power Market Structure : Revisiting Policy Options Vagliasindi, Maria Besant-Jones, John ENERGY EFFICIENCY ENERGY EFFICIENCY IMPROVEMENT ENERGY EFFICIENCY IMPROVEMENTS ENERGY EFFICIENCY INVESTMENTS ENERGY EFFICIENCY MEASURES ENERGY EFFICIENCY PROGRAMS ENERGY EFFICIENCY STANDARDS ENERGY GENERATION ENERGY INTENSIVE ENERGY MANAGEMENT ENERGY NEEDS ENERGY OUTLOOK ENERGY POLICY ENERGY PRICE ENERGY PRICES ENERGY REDUCTION ENERGY RESOURCES ENERGY SAVINGS ENERGY SECURITY ENERGY SERVICE ENERGY SERVICE COMPANIES ENERGY SERVICE COMPANY ENERGY SERVICES ENERGY STRATEGY ENERGY SUBSIDIES ENERGY SUPPLIERS ENERGY SUPPLY ENERGY TAXES ENERGY USAGE ENERGY USE ENVIRONMENTAL EXTERNALITIES ENVIRONMENTAL IMPACT ENVIRONMENTAL IMPACTS ENVIRONMENTAL ISSUES ENVIRONMENTAL PROTECTION ENVIRONMENTAL PROTECTION AGENCY EXTERNAL PRICE FINANCIAL COMMITMENT FINANCIAL SUPPORT FUEL GAS GAS DISTRIBUTION GAS SUPPLY GENERATION GLOBAL ENVIRONMENT GREENHOUSE GREENHOUSE GASES GROSS DOMESTIC PRODUCT HEAT HEATING SYSTEMS HIGH ENERGY INTENSITY HIGHER ENERGY PRICES IMPROVING ENERGY EFFICIENCY INCOME INTERNATIONAL ENERGY AGENCY INVESTMENTS IN ENERGY JOBS MARKET FAILURES MARKET FOR ENERGY MARKET FOR ENERGY EFFICIENCY MARKET PENETRATION MEMBER STATES OIL OXYGEN POWER POWER PLANTS PRIMARY ENERGY PRIMARY SOURCE OF ENERGY PRODUCTION FACILITIES REAL ESTATE REDUCING ENERGY CONSUMPTION REGULATORY FRAMEWORK REVENUE NEUTRAL SUPPLY COSTS TAX INCENTIVES TOTAL COST TRANSACTION COSTS UTILITIES VENTILATION WORLD ENERGY WORLD ENERGY OUTLOOK The objectives of this power market structure study is to develop a taxonomy of the existing power market structures, as shown by the extent of vertical and horizontal unbundling found among restructured power systems across developing countries; to design an analytical framework for assessing the desirability of unbundling under the variety of economic conditions found among developing countries; and to propose insights for operational guidance on alternative market structures based on relevant criteria, in particular on the initial conditions of a country and its power sector. The study specifically examines whether power system size and coun¬try per capita income can be reliable indicators of initial conditions for guiding policy on power market structure. The results of the analysis carried out for this study confirm the following conclusions: (i) unbundling delivers results in terms of several performance indicators when used as an entry point to implement broader reforms, particularly introducing a sound regulatory framework, reducing the degree of concentration of the generation and distribution segments of the market by attracting additional public and private players and greater private sector participation; and (ii) there seems to be a credible empirical basis for selecting a threshold power system size and per capita income level below which unbundling of the power supply chain is not expected to be worthwhile. 2013-04-09T21:38:48Z 2013-04-09T21:38:48Z 2013-03-21 http://documents.worldbank.org/curated/en/2013/03/17473608/power-market-structure-revisiting-policy-options-power-market-structure-revisiting-policy-options 978-0-8213-9556-1 10.1596/978-0-8213-9556-1 http://hdl.handle.net/10986/13115 English en_US Directions in Development--Energy and Mining; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication ARGENTINA Botswana Brazil Chile Czech Republic Egypt, Arab Republic of India Indonesia Jordan Kenya Korea, Republic of Peru South Africa Tanzania Turkey Uganda Vietnam Zambia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ENERGY EFFICIENCY
ENERGY EFFICIENCY IMPROVEMENT
ENERGY EFFICIENCY IMPROVEMENTS
ENERGY EFFICIENCY INVESTMENTS
ENERGY EFFICIENCY MEASURES
ENERGY EFFICIENCY PROGRAMS
ENERGY EFFICIENCY STANDARDS
ENERGY GENERATION
ENERGY INTENSIVE
ENERGY MANAGEMENT
ENERGY NEEDS
ENERGY OUTLOOK
ENERGY POLICY
ENERGY PRICE
ENERGY PRICES
ENERGY REDUCTION
ENERGY RESOURCES
ENERGY SAVINGS
ENERGY SECURITY
ENERGY SERVICE
ENERGY SERVICE COMPANIES
ENERGY SERVICE COMPANY
ENERGY SERVICES
ENERGY STRATEGY
ENERGY SUBSIDIES
ENERGY SUPPLIERS
ENERGY SUPPLY
ENERGY TAXES
ENERGY USAGE
ENERGY USE
ENVIRONMENTAL EXTERNALITIES
ENVIRONMENTAL IMPACT
ENVIRONMENTAL IMPACTS
ENVIRONMENTAL ISSUES
ENVIRONMENTAL PROTECTION
ENVIRONMENTAL PROTECTION AGENCY
EXTERNAL PRICE
FINANCIAL COMMITMENT
FINANCIAL SUPPORT
FUEL
GAS
GAS DISTRIBUTION
GAS SUPPLY
GENERATION
GLOBAL ENVIRONMENT
GREENHOUSE
GREENHOUSE GASES
GROSS DOMESTIC PRODUCT
HEAT
HEATING SYSTEMS
HIGH ENERGY INTENSITY
HIGHER ENERGY PRICES
IMPROVING ENERGY EFFICIENCY
INCOME
INTERNATIONAL ENERGY AGENCY
INVESTMENTS IN ENERGY
JOBS
MARKET FAILURES
MARKET FOR ENERGY
MARKET FOR ENERGY EFFICIENCY
MARKET PENETRATION
MEMBER STATES
OIL
OXYGEN
POWER
POWER PLANTS
PRIMARY ENERGY
PRIMARY SOURCE OF ENERGY
PRODUCTION FACILITIES
REAL ESTATE
REDUCING ENERGY CONSUMPTION
REGULATORY FRAMEWORK
REVENUE NEUTRAL
SUPPLY COSTS
TAX INCENTIVES
TOTAL COST
TRANSACTION COSTS
UTILITIES
VENTILATION
WORLD ENERGY
WORLD ENERGY OUTLOOK
spellingShingle ENERGY EFFICIENCY
ENERGY EFFICIENCY IMPROVEMENT
ENERGY EFFICIENCY IMPROVEMENTS
ENERGY EFFICIENCY INVESTMENTS
ENERGY EFFICIENCY MEASURES
ENERGY EFFICIENCY PROGRAMS
ENERGY EFFICIENCY STANDARDS
ENERGY GENERATION
ENERGY INTENSIVE
ENERGY MANAGEMENT
ENERGY NEEDS
ENERGY OUTLOOK
ENERGY POLICY
ENERGY PRICE
ENERGY PRICES
ENERGY REDUCTION
ENERGY RESOURCES
ENERGY SAVINGS
ENERGY SECURITY
ENERGY SERVICE
ENERGY SERVICE COMPANIES
ENERGY SERVICE COMPANY
ENERGY SERVICES
ENERGY STRATEGY
ENERGY SUBSIDIES
ENERGY SUPPLIERS
ENERGY SUPPLY
ENERGY TAXES
ENERGY USAGE
ENERGY USE
ENVIRONMENTAL EXTERNALITIES
ENVIRONMENTAL IMPACT
ENVIRONMENTAL IMPACTS
ENVIRONMENTAL ISSUES
ENVIRONMENTAL PROTECTION
ENVIRONMENTAL PROTECTION AGENCY
EXTERNAL PRICE
FINANCIAL COMMITMENT
FINANCIAL SUPPORT
FUEL
GAS
GAS DISTRIBUTION
GAS SUPPLY
GENERATION
GLOBAL ENVIRONMENT
GREENHOUSE
GREENHOUSE GASES
GROSS DOMESTIC PRODUCT
HEAT
HEATING SYSTEMS
HIGH ENERGY INTENSITY
HIGHER ENERGY PRICES
IMPROVING ENERGY EFFICIENCY
INCOME
INTERNATIONAL ENERGY AGENCY
INVESTMENTS IN ENERGY
JOBS
MARKET FAILURES
MARKET FOR ENERGY
MARKET FOR ENERGY EFFICIENCY
MARKET PENETRATION
MEMBER STATES
OIL
OXYGEN
POWER
POWER PLANTS
PRIMARY ENERGY
PRIMARY SOURCE OF ENERGY
PRODUCTION FACILITIES
REAL ESTATE
REDUCING ENERGY CONSUMPTION
REGULATORY FRAMEWORK
REVENUE NEUTRAL
SUPPLY COSTS
TAX INCENTIVES
TOTAL COST
TRANSACTION COSTS
UTILITIES
VENTILATION
WORLD ENERGY
WORLD ENERGY OUTLOOK
Vagliasindi, Maria
Besant-Jones, John
Power Market Structure : Revisiting Policy Options
geographic_facet ARGENTINA
Botswana
Brazil
Chile
Czech Republic
Egypt, Arab Republic of
India
Indonesia
Jordan
Kenya
Korea, Republic of
Peru
South Africa
Tanzania
Turkey
Uganda
Vietnam
Zambia
relation Directions in Development--Energy and Mining;
description The objectives of this power market structure study is to develop a taxonomy of the existing power market structures, as shown by the extent of vertical and horizontal unbundling found among restructured power systems across developing countries; to design an analytical framework for assessing the desirability of unbundling under the variety of economic conditions found among developing countries; and to propose insights for operational guidance on alternative market structures based on relevant criteria, in particular on the initial conditions of a country and its power sector. The study specifically examines whether power system size and coun¬try per capita income can be reliable indicators of initial conditions for guiding policy on power market structure. The results of the analysis carried out for this study confirm the following conclusions: (i) unbundling delivers results in terms of several performance indicators when used as an entry point to implement broader reforms, particularly introducing a sound regulatory framework, reducing the degree of concentration of the generation and distribution segments of the market by attracting additional public and private players and greater private sector participation; and (ii) there seems to be a credible empirical basis for selecting a threshold power system size and per capita income level below which unbundling of the power supply chain is not expected to be worthwhile.
format Publications & Research :: Publication
author Vagliasindi, Maria
Besant-Jones, John
author_facet Vagliasindi, Maria
Besant-Jones, John
author_sort Vagliasindi, Maria
title Power Market Structure : Revisiting Policy Options
title_short Power Market Structure : Revisiting Policy Options
title_full Power Market Structure : Revisiting Policy Options
title_fullStr Power Market Structure : Revisiting Policy Options
title_full_unstemmed Power Market Structure : Revisiting Policy Options
title_sort power market structure : revisiting policy options
publisher Washington, DC: World Bank
publishDate 2013
url http://documents.worldbank.org/curated/en/2013/03/17473608/power-market-structure-revisiting-policy-options-power-market-structure-revisiting-policy-options
http://hdl.handle.net/10986/13115
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