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,...
Main Author: | |
---|---|
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 |