Private Sector Participation in Transmission Systems : Making It Work
The private sector can be a strategic partner in building and maintaining transmission networks, depending on how well its participation is structured to achieve the desired outcomes. In Peru, private sector participation has driven down both inves...
| Main Authors: | , |
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| Format: | Brief |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2015
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2015/11/25469435/private-sector-participation-transmission-systems-making-work http://hdl.handle.net/10986/23135 |
| Summary: | The private sector can be a strategic
partner in building and maintaining transmission networks,
depending on how well its participation is structured to
achieve the desired outcomes. In Peru, private sector
participation has driven down both investment and operation
and maintenance (O and M) costs. Upper-middle-income
countries account for about 65 percent of the private
capital raised for investment in transmission infrastructure
between 1994 and 2013. In the presence of the right policies
and investment climate, private sector participation in
transmission systems can improve the security, reliability,
and quality of supply in a cost-effective manner. Strong,
independent regulatory institutions are critical. Such
institutions should be equipped to develop detailed
expansion plans that make it possible to identify and select projects. |
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