Private Sector Participation in Electricity Transmission and Distribution : Experiences from Brazil, Peru, the Philippines, and Turkey
In recent decades, many countries have embarked on structural reform programs involving private sector participation (PSP) across the entire value chain of the power sector. Often as part of a broader market oriented reform program, governments hav...
| Main Author: | |
|---|---|
| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2015
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2015/08/24933178/private-sector-participation-electricity-transmission-distribution-experiences-brazil-peru-philippines-turkey http://hdl.handle.net/10986/22750 |
| Summary: | In recent decades, many countries have
embarked on structural reform programs involving private
sector participation (PSP) across the entire value chain of
the power sector. Often as part of a broader market oriented
reform program, governments have resorted to PSP in
transmission and distribution (T and D) for a variety of
reasons, including to: (i) offset years of underinvestment
and poor operating performance under public ownership; (ii)
attract considerable private investment to fill the
financing gap stemming from new T and D additions amid
rapidly growing demand for electricity; and (iii) raise
fiscal revenues by offloading state assets. In some cases
(for example, Brazil and Peru), a prolonged electricity
supply crisis prompted government into structural reforms of
the T and D sector. The energy sector management assistance
program (ESMAP) study covers PSP in transmission, as well as
distribution. The four case-study countries, Brazil, Peru,
Philippines, and Turkey were selected based on the
substantial transmission story under their broader
electricity PSP experience. |
|---|