Political Economy of Electricity Reform
This former research platform examined the interaction of the political, legal and economic forces that affect how countries restructure their electricity systems away from SOE-domination and toward greater use of markets to allocate resources.
The Program sponsored a comparison of the political economy of power market restructuring in five major developing countries: Brazil, China, India, Mexico and South Africa. PESD held its first conference on the Political Economy of Power Market Reform at IIS on 19-20 February 2003. Close to ninety of the top minds in the field attended.
One output of the comparison of the five major developing countries' power market reforms is a book titled "The Political Economy of Power Sector Reform: The Experiences of Five Major Developing Countries." This book evaluates the experiences of five of those countries - Brazil, China, India, Mexico and South Africa - as they have shifted from state-dominated systems to schemes allowing for a larger private sector role. As well as having the largest power systems in their regions and among the most rapidly rising consumption of electricity in the world, these countries are the locus of massive financial investment and the effects of their power systems are increasingly felt in world fuel markets. In-depth case studies also reveal important variations in reform efforts. This accessible volume explains the origins of these reform efforts and offers a theory as to why - despite diverse backgrounds - reform efforts in all five countries have stalled in similar ways.
In addition, the Program conducted a joint study on the role of Independent Power Producers (IPPs) in the restructuring of power markets with the Bechtel Initiative for Global Growth and Change (BIGGC).
The Program also participated in in-depth studies on power market reform in China and India. In China the Program sponsored studies on scenarios for power market reform in Shanghai and Guangdong provinces. In India the Program worked with the India Institute of Management in Ahmedabad (IIM-A) on a USAID-funded study that examines the impact of market restructuring on the efficiency and dispatch of power plants in the states of Andhra Pradesh and Gujarat.
- Electricity Sector Reforms: Impact on Development and Environment
- Five Country Study of Electricity Market Reform: Results
- Impact of Institutions on Distributed Generation
- Experience with Independent Power Projects in Developing Countries
The 5 most recent are displayed. More publications »
- Wind, Coal, and the Cost of Environmental Externalities
Alexander Galetovic, Cristián M. Muñoz
Program on Energy and Sustainable Development (2013)
- Rural Electrification: Strategies for Distributed Generation
- Options for Short-Term Price Determination in the Brazilian Wholesale Electricity Market
Stanford University, Department of Economics (2008)
- Reforming the Indian Electricity Supply Industry
Columbia Business School (2008)
- The Impact of Free Basic Electricity on the Energy Choices of Low Income Households: A Case Study in South Africa
Stephen Davis, Alison Hughes, Kate Louw
PESD Working Paper #80 (2008)
Events & Presentations
Only 5 recent/upcoming are displayed. More events & presentations »
- World Forum on Energy Regulation III
October 9, 2006 Forum
- Independent Power Projects in Developing Countries
June 2, 2005 - June 3, 2005 Workshop
- Workshop on Power Market Reforms and Global Climate Change
January 27, 2005 - January 28, 2005 Workshop
12 papers, conference agenda available
- Electricity Reforms in India: Firm Choices, Emerging Markets, and Externalities
September 23, 2004 - September 24, 2004 Conference
Chi Zhang, David G. Victor
3 presentations available
- Reforming the Power Sector: A Southern Perspective
April 5, 2004 - April 6, 2004 Conference
10 presentations, 2 conference agendas available