Review of Electricity Supply and Demand in Southeast Europe
This paper reviews the power sector demand-supply balance in Southeastern Europe (SEE), covering Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Former Yugoslav Republic of Macedonia, Romania, and Serbia and Montenegro (including Kosovo). The p...
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| Format: | Publication |
| Language: | English en_US |
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Washington, DC: World Bank
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2003/10/2874717/review-electricity-supply-demand-southeast-europe http://hdl.handle.net/10986/15063 |
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okr-10986-150632021-04-23T14:03:12Z Review of Electricity Supply and Demand in Southeast Europe Atur, Varadarajan Kennedy, David CARBON CARBON DIOXIDE CARBON DIOXIDE EMISSIONS CONSUMERS DEMAND GROWTH ECONOMIC GROWTH ECONOMIC SITUATION EFFICIENCY IMPROVEMENTS ELECTRIC POWER ELECTRICITY ELECTRICITY CONSUMPTION ELECTRICITY DEMAND ELECTRICITY GENERATION ELECTRICITY PRICES ELECTRICITY PRODUCTION ELECTRICITY SUPPLY ENERGY CONSUMPTION ENERGY EFFICIENCY ENERGY INFRASTRUCTURE ENERGY INTENSITY ENERGY PRICES ENERGY SERVICES FORECASTS FUEL FUEL SUBSTITUTION GDP GDP PER CAPITA GENERATION CAPACITY GLOBAL EMISSIONS GROSS DOMESTIC PRODUCT GROWTH RATE LOAD DEMAND LOAD GROWTH LOAD MANAGEMENT LOAD SHEDDING NUCLEAR CAPACITY OIL OIL EQUIVALENT OPTIMIZATION PEAK DEMAND POWER GENERATION POWER PLANTS POWER UTILITIES PRICE INCREASES REGIONAL ELECTRICITY REGIONAL ELECTRICITY MARKET TOTAL ELECTRICITY DEMAND UTILITIES ELECTRICITY SUPPLY ELECTRICITY DEMAND REGIONAL TRADE ELECTRICITY PRICES POWER SYSTEMS ELECTRICITY GENERATION CARBON DIOXIDE EMISSIONS INVESTMENTS FINANCING INSTITUTIONAL FRAMEWORK MACROECONOMIC ACTIVITY GROSS DOMESTIC PRODUCT PER CAPITA This paper reviews the power sector demand-supply balance in Southeastern Europe (SEE), covering Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Former Yugoslav Republic of Macedonia, Romania, and Serbia and Montenegro (including Kosovo). The paper first looks at the actual balance over the period 1991-2001. After that, the forecast balance to 2012 is reviewed. The analysis is based on aggregated country level demand and capacity data provided by the electric utilities and supplemented drawing on published sources. The context for the paper is the agreement between the countries above, together with Greece and Turkey, to form a South Eastern Europe Regional Electricity Market (SEEREM).1 The objective is to identify the magnitude of generation investments to be made in the evolving market. The paper also proposes mechanisms to reduce investment requirements, namely energy efficiency improvements and increased trade, and provides a brief assessment of technical and institutional barriers to trade. The preliminary conclusion of the paper is that additional generating capacity of around 4,500 MW will be required over the next ten years, together with substantial rehabilitation of existing plant. The associated financing requirement would be well in excess of $5 billion. However, these figures reflect a significant degree of national energy self sufficiency. It is likely that less investment would be required if countries were to coordinate investments, with economies resulting due to heterogeneous resources, non coincidental peak requirements, and sharing of reserves. A regional least cost expansion plan is currently being developed as a follow up to the present study; this new study is to be financed by the EC and co-managed by the World Bank. The institutional framework to support increased trade is being developed as part of the SEEREM. 2013-08-14T17:57:10Z 2013-08-14T17:57:10Z 2004 http://documents.worldbank.org/curated/en/2003/10/2874717/review-electricity-supply-demand-southeast-europe 0-8213-5633-X http://hdl.handle.net/10986/15063 English en_US World Bank Working Paper;No. 17 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 |
| 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 |
CARBON CARBON DIOXIDE CARBON DIOXIDE EMISSIONS CONSUMERS DEMAND GROWTH ECONOMIC GROWTH ECONOMIC SITUATION EFFICIENCY IMPROVEMENTS ELECTRIC POWER ELECTRICITY ELECTRICITY CONSUMPTION ELECTRICITY DEMAND ELECTRICITY GENERATION ELECTRICITY PRICES ELECTRICITY PRODUCTION ELECTRICITY SUPPLY ENERGY CONSUMPTION ENERGY EFFICIENCY ENERGY INFRASTRUCTURE ENERGY INTENSITY ENERGY PRICES ENERGY SERVICES FORECASTS FUEL FUEL SUBSTITUTION GDP GDP PER CAPITA GENERATION CAPACITY GLOBAL EMISSIONS GROSS DOMESTIC PRODUCT GROWTH RATE LOAD DEMAND LOAD GROWTH LOAD MANAGEMENT LOAD SHEDDING NUCLEAR CAPACITY OIL OIL EQUIVALENT OPTIMIZATION PEAK DEMAND POWER GENERATION POWER PLANTS POWER UTILITIES PRICE INCREASES REGIONAL ELECTRICITY REGIONAL ELECTRICITY MARKET TOTAL ELECTRICITY DEMAND UTILITIES ELECTRICITY SUPPLY ELECTRICITY DEMAND REGIONAL TRADE ELECTRICITY PRICES POWER SYSTEMS ELECTRICITY GENERATION CARBON DIOXIDE EMISSIONS INVESTMENTS FINANCING INSTITUTIONAL FRAMEWORK MACROECONOMIC ACTIVITY GROSS DOMESTIC PRODUCT PER CAPITA |
| spellingShingle |
CARBON CARBON DIOXIDE CARBON DIOXIDE EMISSIONS CONSUMERS DEMAND GROWTH ECONOMIC GROWTH ECONOMIC SITUATION EFFICIENCY IMPROVEMENTS ELECTRIC POWER ELECTRICITY ELECTRICITY CONSUMPTION ELECTRICITY DEMAND ELECTRICITY GENERATION ELECTRICITY PRICES ELECTRICITY PRODUCTION ELECTRICITY SUPPLY ENERGY CONSUMPTION ENERGY EFFICIENCY ENERGY INFRASTRUCTURE ENERGY INTENSITY ENERGY PRICES ENERGY SERVICES FORECASTS FUEL FUEL SUBSTITUTION GDP GDP PER CAPITA GENERATION CAPACITY GLOBAL EMISSIONS GROSS DOMESTIC PRODUCT GROWTH RATE LOAD DEMAND LOAD GROWTH LOAD MANAGEMENT LOAD SHEDDING NUCLEAR CAPACITY OIL OIL EQUIVALENT OPTIMIZATION PEAK DEMAND POWER GENERATION POWER PLANTS POWER UTILITIES PRICE INCREASES REGIONAL ELECTRICITY REGIONAL ELECTRICITY MARKET TOTAL ELECTRICITY DEMAND UTILITIES ELECTRICITY SUPPLY ELECTRICITY DEMAND REGIONAL TRADE ELECTRICITY PRICES POWER SYSTEMS ELECTRICITY GENERATION CARBON DIOXIDE EMISSIONS INVESTMENTS FINANCING INSTITUTIONAL FRAMEWORK MACROECONOMIC ACTIVITY GROSS DOMESTIC PRODUCT PER CAPITA Atur, Varadarajan Kennedy, David Review of Electricity Supply and Demand in Southeast Europe |
| geographic_facet |
Europe and Central Asia Europe |
| relation |
World Bank Working Paper;No. 17 |
| description |
This paper reviews the power sector
demand-supply balance in Southeastern Europe (SEE), covering
Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Former
Yugoslav Republic of Macedonia, Romania, and Serbia and
Montenegro (including Kosovo). The paper first looks at the
actual balance over the period 1991-2001. After that, the
forecast balance to 2012 is reviewed. The analysis is based
on aggregated country level demand and capacity data
provided by the electric utilities and supplemented drawing
on published sources. The context for the paper is the
agreement between the countries above, together with Greece
and Turkey, to form a South Eastern Europe Regional
Electricity Market (SEEREM).1 The objective is to identify
the magnitude of generation investments to be made in the
evolving market. The paper also proposes mechanisms to
reduce investment requirements, namely energy efficiency
improvements and increased trade, and provides a brief
assessment of technical and institutional barriers to trade.
The preliminary conclusion of the paper is that additional
generating capacity of around 4,500 MW will be required over
the next ten years, together with substantial rehabilitation
of existing plant. The associated financing requirement
would be well in excess of $5 billion. However, these
figures reflect a significant degree of national energy self
sufficiency. It is likely that less investment would be
required if countries were to coordinate investments, with
economies resulting due to heterogeneous resources, non
coincidental peak requirements, and sharing of reserves. A
regional least cost expansion plan is currently being
developed as a follow up to the present study; this new
study is to be financed by the EC and co-managed by the
World Bank. The institutional framework to support increased
trade is being developed as part of the SEEREM. |
| format |
Publications & Research :: Publication |
| author |
Atur, Varadarajan Kennedy, David |
| author_facet |
Atur, Varadarajan Kennedy, David |
| author_sort |
Atur, Varadarajan |
| title |
Review of Electricity Supply and Demand in Southeast Europe |
| title_short |
Review of Electricity Supply and Demand in Southeast Europe |
| title_full |
Review of Electricity Supply and Demand in Southeast Europe |
| title_fullStr |
Review of Electricity Supply and Demand in Southeast Europe |
| title_full_unstemmed |
Review of Electricity Supply and Demand in Southeast Europe |
| title_sort |
review of electricity supply and demand in southeast europe |
| publisher |
Washington, DC: World Bank |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2003/10/2874717/review-electricity-supply-demand-southeast-europe http://hdl.handle.net/10986/15063 |
| _version_ |
1764425819159003136 |