The Development of Electricity Markets in the Euro-Mediterranean Area : Trends and Prospects for Liberalization and Regional Integration

The main objective of this document is to map key policy issues that need to be addressed to successfully implement energy sector reform at the national, and regional levels, and, provides an overview of global, European, and Mediterranean trends,...

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Main Author: Muller-Jentsch, Daniel
Format: Publication
Language:English
en_US
Published: Washington, DC: World Bank 2013
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2001/04/1121246/development-electricity-markets-euro-mediterranean-area-trends-prospects-liberalization-regional-integration
http://hdl.handle.net/10986/13910
id okr-10986-13910
recordtype oai_dc
spelling okr-10986-139102021-04-23T14:03:10Z The Development of Electricity Markets in the Euro-Mediterranean Area : Trends and Prospects for Liberalization and Regional Integration Muller-Jentsch, Daniel AGRICULTURE AQUIFERS BENCHMARK CAPITAL MARKETS COLLABORATION COMPARATIVE ADVANTAGE COMPETITION POLICY COMPETITIVE MARKETS COMPETITIVENESS CONSUMER INTERESTS CONSUMERS DEBT DEREGULATION DEVELOPMENT INDICATORS ECOLOGY ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC IMPACT ECONOMIC RELATIONS ECONOMIC RENTS ECONOMIC RESEARCH ECONOMIC SECTORS ECONOMIC THEORY ECONOMICS ECONOMIES OF SCOPE ELECTRICITY ELECTRICITY INDUSTRY ELECTRICITY PRICES ELECTRICITY SECTOR EMPLOYMENT END-USERS ENERGY DEMAND ENERGY EFFICIENCY ENERGY USE ENVIRONMENTAL PERFORMANCE EXPORTS FINANCIAL CRISIS FINANCIAL SECTOR FOREST MANAGEMENT FREE CHOICE FREE TRADE GAS GDP GENERATION CAPACITY GOVERNMENT REGULATION HUMAN CAPITAL IMPORTS INCOME INCOME GROUPS INEFFICIENCY INFORMATION SYSTEMS INTERNATIONAL TRADE LEARNING LEGISLATION LOW INCOME MARKET DISTORTIONS MARKET POWER MEMBER STATES MERGERS MONOPOLIES MPS NATURAL GAS NATURAL MONOPOLIES NATURAL MONOPOLY NOMINAL GNP OIL OLIGOPOLIES PER CAPITA INCOME POLICY INSTRUMENTS POLICY MAKERS POWER INDUSTRY POWER PLANTS POWER UTILITIES PRIVATE SECTOR PRODUCTIVITY PRODUCTIVITY INCREASES PROGRAMS REGULATORY FRAMEWORK RURAL ELECTRIFICATION SOCIAL CAPITAL SOLID WASTE STRUCTURAL CHANGE TECHNICAL ASSISTANCE TECHNOLOGICAL CHANGE TECHNOLOGICAL PROGRESS TELECOM SECTOR TELECOMMUNICATIONS TELECOMMUNICATIONS SECTOR TRADE LIBERALIZATION TRANSITION ECONOMIES UTILITIES WATER PRICING WEALTH The main objective of this document is to map key policy issues that need to be addressed to successfully implement energy sector reform at the national, and regional levels, and, provides an overview of global, European, and Mediterranean trends, aiming at facilitating the dissemination of best practices. Chapter I describes international best practices in the design of legal, regulatory, and institutional sector framework, which include corporatization, and restructuring of state-owned energy utilities; separation of regulatory and operational functions, by creating coherent regulatory frameworks, establishing independent regulators, and promoting competition; engaging the electricity industry into generation, transmission, distribution, and trade; introduction of competition in generation, and trade, and, in the regulation of monopolistic activities; promotion of private participation; and, reduction of subsidies, and balance of tariffs. Chapters II and III examine power sector reform in the European Union (EU), and power sector policies of the Mediterranean partners, reviewing liberalization, regulatory institutions, and the development of electricity markets, and power trading in the EU. It specifies that despite recent progress, the main structural flaw of energy reform in the Mediterranean region, has been the lack of liberalization, and effective regulation, contrasting sharply with EU reforms, where the focus for electricity, and gas has been the introduction of competition. Chapter IV proposes an agenda for regional change, through sector reforms, promotion of energy policy, economic analysis, and interconnection, through technical assistance, and financial support, to create integrated, competitive cross-borders for power markets. 2013-06-13T17:06:54Z 2013-06-13T17:06:54Z 2001-03 http://documents.worldbank.org/curated/en/2001/04/1121246/development-electricity-markets-euro-mediterranean-area-trends-prospects-liberalization-regional-integration 0-8213-4910-4 http://hdl.handle.net/10986/13910 English en_US World Bank Technical Paper;No. 491 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 Europe and Central Asia Europe North Africa Middle East
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 AGRICULTURE
AQUIFERS
BENCHMARK
CAPITAL MARKETS
COLLABORATION
COMPARATIVE ADVANTAGE
COMPETITION POLICY
COMPETITIVE MARKETS
COMPETITIVENESS
CONSUMER INTERESTS
CONSUMERS
DEBT
DEREGULATION
DEVELOPMENT INDICATORS
ECOLOGY
ECONOMIC ANALYSIS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC IMPACT
ECONOMIC RELATIONS
ECONOMIC RENTS
ECONOMIC RESEARCH
ECONOMIC SECTORS
ECONOMIC THEORY
ECONOMICS
ECONOMIES OF SCOPE
ELECTRICITY
ELECTRICITY INDUSTRY
ELECTRICITY PRICES
ELECTRICITY SECTOR
EMPLOYMENT
END-USERS
ENERGY DEMAND
ENERGY EFFICIENCY
ENERGY USE
ENVIRONMENTAL PERFORMANCE
EXPORTS
FINANCIAL CRISIS
FINANCIAL SECTOR
FOREST MANAGEMENT
FREE CHOICE
FREE TRADE
GAS
GDP
GENERATION CAPACITY
GOVERNMENT REGULATION
HUMAN CAPITAL
IMPORTS
INCOME
INCOME GROUPS
INEFFICIENCY
INFORMATION SYSTEMS
INTERNATIONAL TRADE
LEARNING
LEGISLATION
LOW INCOME
MARKET DISTORTIONS
MARKET POWER
MEMBER STATES
MERGERS
MONOPOLIES
MPS
NATURAL GAS
NATURAL MONOPOLIES
NATURAL MONOPOLY
NOMINAL GNP
OIL
OLIGOPOLIES
PER CAPITA INCOME
POLICY INSTRUMENTS
POLICY MAKERS
POWER INDUSTRY
POWER PLANTS
POWER UTILITIES
PRIVATE SECTOR
PRODUCTIVITY
PRODUCTIVITY INCREASES
PROGRAMS
REGULATORY FRAMEWORK
RURAL ELECTRIFICATION
SOCIAL CAPITAL
SOLID WASTE
STRUCTURAL CHANGE
TECHNICAL ASSISTANCE
TECHNOLOGICAL CHANGE
TECHNOLOGICAL PROGRESS
TELECOM SECTOR
TELECOMMUNICATIONS
TELECOMMUNICATIONS SECTOR
TRADE LIBERALIZATION
TRANSITION ECONOMIES
UTILITIES
WATER PRICING
WEALTH
spellingShingle AGRICULTURE
AQUIFERS
BENCHMARK
CAPITAL MARKETS
COLLABORATION
COMPARATIVE ADVANTAGE
COMPETITION POLICY
COMPETITIVE MARKETS
COMPETITIVENESS
CONSUMER INTERESTS
CONSUMERS
DEBT
DEREGULATION
DEVELOPMENT INDICATORS
ECOLOGY
ECONOMIC ANALYSIS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC IMPACT
ECONOMIC RELATIONS
ECONOMIC RENTS
ECONOMIC RESEARCH
ECONOMIC SECTORS
ECONOMIC THEORY
ECONOMICS
ECONOMIES OF SCOPE
ELECTRICITY
ELECTRICITY INDUSTRY
ELECTRICITY PRICES
ELECTRICITY SECTOR
EMPLOYMENT
END-USERS
ENERGY DEMAND
ENERGY EFFICIENCY
ENERGY USE
ENVIRONMENTAL PERFORMANCE
EXPORTS
FINANCIAL CRISIS
FINANCIAL SECTOR
FOREST MANAGEMENT
FREE CHOICE
FREE TRADE
GAS
GDP
GENERATION CAPACITY
GOVERNMENT REGULATION
HUMAN CAPITAL
IMPORTS
INCOME
INCOME GROUPS
INEFFICIENCY
INFORMATION SYSTEMS
INTERNATIONAL TRADE
LEARNING
LEGISLATION
LOW INCOME
MARKET DISTORTIONS
MARKET POWER
MEMBER STATES
MERGERS
MONOPOLIES
MPS
NATURAL GAS
NATURAL MONOPOLIES
NATURAL MONOPOLY
NOMINAL GNP
OIL
OLIGOPOLIES
PER CAPITA INCOME
POLICY INSTRUMENTS
POLICY MAKERS
POWER INDUSTRY
POWER PLANTS
POWER UTILITIES
PRIVATE SECTOR
PRODUCTIVITY
PRODUCTIVITY INCREASES
PROGRAMS
REGULATORY FRAMEWORK
RURAL ELECTRIFICATION
SOCIAL CAPITAL
SOLID WASTE
STRUCTURAL CHANGE
TECHNICAL ASSISTANCE
TECHNOLOGICAL CHANGE
TECHNOLOGICAL PROGRESS
TELECOM SECTOR
TELECOMMUNICATIONS
TELECOMMUNICATIONS SECTOR
TRADE LIBERALIZATION
TRANSITION ECONOMIES
UTILITIES
WATER PRICING
WEALTH
Muller-Jentsch, Daniel
The Development of Electricity Markets in the Euro-Mediterranean Area : Trends and Prospects for Liberalization and Regional Integration
geographic_facet Europe and Central Asia
Europe
North Africa
Middle East
relation World Bank Technical Paper;No. 491
description The main objective of this document is to map key policy issues that need to be addressed to successfully implement energy sector reform at the national, and regional levels, and, provides an overview of global, European, and Mediterranean trends, aiming at facilitating the dissemination of best practices. Chapter I describes international best practices in the design of legal, regulatory, and institutional sector framework, which include corporatization, and restructuring of state-owned energy utilities; separation of regulatory and operational functions, by creating coherent regulatory frameworks, establishing independent regulators, and promoting competition; engaging the electricity industry into generation, transmission, distribution, and trade; introduction of competition in generation, and trade, and, in the regulation of monopolistic activities; promotion of private participation; and, reduction of subsidies, and balance of tariffs. Chapters II and III examine power sector reform in the European Union (EU), and power sector policies of the Mediterranean partners, reviewing liberalization, regulatory institutions, and the development of electricity markets, and power trading in the EU. It specifies that despite recent progress, the main structural flaw of energy reform in the Mediterranean region, has been the lack of liberalization, and effective regulation, contrasting sharply with EU reforms, where the focus for electricity, and gas has been the introduction of competition. Chapter IV proposes an agenda for regional change, through sector reforms, promotion of energy policy, economic analysis, and interconnection, through technical assistance, and financial support, to create integrated, competitive cross-borders for power markets.
format Publications & Research :: Publication
author Muller-Jentsch, Daniel
author_facet Muller-Jentsch, Daniel
author_sort Muller-Jentsch, Daniel
title The Development of Electricity Markets in the Euro-Mediterranean Area : Trends and Prospects for Liberalization and Regional Integration
title_short The Development of Electricity Markets in the Euro-Mediterranean Area : Trends and Prospects for Liberalization and Regional Integration
title_full The Development of Electricity Markets in the Euro-Mediterranean Area : Trends and Prospects for Liberalization and Regional Integration
title_fullStr The Development of Electricity Markets in the Euro-Mediterranean Area : Trends and Prospects for Liberalization and Regional Integration
title_full_unstemmed The Development of Electricity Markets in the Euro-Mediterranean Area : Trends and Prospects for Liberalization and Regional Integration
title_sort development of electricity markets in the euro-mediterranean area : trends and prospects for liberalization and regional integration
publisher Washington, DC: World Bank
publishDate 2013
url http://documents.worldbank.org/curated/en/2001/04/1121246/development-electricity-markets-euro-mediterranean-area-trends-prospects-liberalization-regional-integration
http://hdl.handle.net/10986/13910
_version_ 1764424800857489408