The Impact of IPPs in Developing Countries : Out of the Crisis and into the Future
Developing countries started opening their power sectors to independent power producers (IPPs) some ten years ago, and IPPs have now developed into a large market. This Note examines several contentious questions relating to the developing of this market: Has risk been transferred to the private sector, or have IPPs contributed to an increase in government liabilities? Have IPPs contributed an increase in foreign exchange exposure? Are pricing and investment decisions efficient? Have IPPs contributed to sector modernization? Answering these questions has become more pressing with the global financial crisis. The Note concludes that on the whole IPPs have had a positive development impact. But negative effects become significant when the IPP program quickly grows to a large size relative to the host grid capacity, as has happened in a few Asian countries.
Saved in:
| id |
dig-okr-1098611513 |
|---|---|
| record_format |
koha |
| spelling |
dig-okr-10986115132024-08-08T18:08:39Z The Impact of IPPs in Developing Countries : Out of the Crisis and into the Future Albouy, Yves Bousba, Reda ACCOUNTING AGRICULTURE AUCTIONS BALANCE SHEET BIDDING BORROWING CAPACITY COSTS CAPITAL COSTS CAPITAL MARKETS COAL CONSUMERS DEBT DEVELOPMENT BANKS ECONOMIC GROWTH ELECTRICITY ENERGY PRICES EXCHANGE RATE EXCHANGE RATES FINANCIAL CRISIS FIXED COSTS FOREIGN EXCHANGE FOREIGN EXCHANGE EXPOSURE FUELS GOVERNMENT GUARANTEES IMPORTS INSURANCE INTEREST RATES INTERNAL CASH GENERATION LOCAL CAPITAL MARKETS MARGINAL COSTS MARKET RISK MARKET RISKS MATURITIES MORAL HAZARD OPERATING COSTS PRESENT VALUE PRICE CAPS PRICE SUBSIDIES PRICE VARIATIONS PRIVATE SECTOR PRIVATIZATION PRODUCERS PUBLIC SECTOR QUOTAS RESOURCE MOBILIZATION RETAIL SALES SAVINGS SPOT PRICES SUPPLY COSTS TELECOMMUNICATIONS TRANSACTION COSTS TRANSPARENCY UTILITIES INDEPENDENT POWER PRODUCERS DEVELOPING COUNTRIES POWER SECTOR PRIVATE INVESTMENTS ELECTRICITY PRICING GOVERNMENT PLANNING POWER DISTRIBUTION BIDDING FINANCIAL CRISES MARKET LIBERALIZATION RISK GOVERNMENT LIABILITY Developing countries started opening their power sectors to independent power producers (IPPs) some ten years ago, and IPPs have now developed into a large market. This Note examines several contentious questions relating to the developing of this market: Has risk been transferred to the private sector, or have IPPs contributed to an increase in government liabilities? Have IPPs contributed an increase in foreign exchange exposure? Are pricing and investment decisions efficient? Have IPPs contributed to sector modernization? Answering these questions has become more pressing with the global financial crisis. The Note concludes that on the whole IPPs have had a positive development impact. But negative effects become significant when the IPP program quickly grows to a large size relative to the host grid capacity, as has happened in a few Asian countries. 2012-08-13T15:16:21Z 2012-08-13T15:16:21Z 1998-12 http://documents.worldbank.org/curated/en/1998/12/441573/impact-ipps-developing-countries-out-crisis-future https://hdl.handle.net/10986/11513 English Viewpoint: Public Policy for the Private Sector; Note No. 162 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank application/pdf text/plain World Bank, Washington, DC |
| institution |
Banco Mundial |
| collection |
DSpace |
| country |
Estados Unidos |
| countrycode |
US |
| component |
Bibliográfico |
| access |
En linea |
| databasecode |
dig-okr |
| tag |
biblioteca |
| region |
America del Norte |
| libraryname |
Biblioteca del Banco Mundial |
| language |
English |
| topic |
ACCOUNTING AGRICULTURE AUCTIONS BALANCE SHEET BIDDING BORROWING CAPACITY COSTS CAPITAL COSTS CAPITAL MARKETS COAL CONSUMERS DEBT DEVELOPMENT BANKS ECONOMIC GROWTH ELECTRICITY ENERGY PRICES EXCHANGE RATE EXCHANGE RATES FINANCIAL CRISIS FIXED COSTS FOREIGN EXCHANGE FOREIGN EXCHANGE EXPOSURE FUELS GOVERNMENT GUARANTEES IMPORTS INSURANCE INTEREST RATES INTERNAL CASH GENERATION LOCAL CAPITAL MARKETS MARGINAL COSTS MARKET RISK MARKET RISKS MATURITIES MORAL HAZARD OPERATING COSTS PRESENT VALUE PRICE CAPS PRICE SUBSIDIES PRICE VARIATIONS PRIVATE SECTOR PRIVATIZATION PRODUCERS PUBLIC SECTOR QUOTAS RESOURCE MOBILIZATION RETAIL SALES SAVINGS SPOT PRICES SUPPLY COSTS TELECOMMUNICATIONS TRANSACTION COSTS TRANSPARENCY UTILITIES INDEPENDENT POWER PRODUCERS DEVELOPING COUNTRIES POWER SECTOR PRIVATE INVESTMENTS ELECTRICITY PRICING GOVERNMENT PLANNING POWER DISTRIBUTION BIDDING FINANCIAL CRISES MARKET LIBERALIZATION RISK GOVERNMENT LIABILITY ACCOUNTING AGRICULTURE AUCTIONS BALANCE SHEET BIDDING BORROWING CAPACITY COSTS CAPITAL COSTS CAPITAL MARKETS COAL CONSUMERS DEBT DEVELOPMENT BANKS ECONOMIC GROWTH ELECTRICITY ENERGY PRICES EXCHANGE RATE EXCHANGE RATES FINANCIAL CRISIS FIXED COSTS FOREIGN EXCHANGE FOREIGN EXCHANGE EXPOSURE FUELS GOVERNMENT GUARANTEES IMPORTS INSURANCE INTEREST RATES INTERNAL CASH GENERATION LOCAL CAPITAL MARKETS MARGINAL COSTS MARKET RISK MARKET RISKS MATURITIES MORAL HAZARD OPERATING COSTS PRESENT VALUE PRICE CAPS PRICE SUBSIDIES PRICE VARIATIONS PRIVATE SECTOR PRIVATIZATION PRODUCERS PUBLIC SECTOR QUOTAS RESOURCE MOBILIZATION RETAIL SALES SAVINGS SPOT PRICES SUPPLY COSTS TELECOMMUNICATIONS TRANSACTION COSTS TRANSPARENCY UTILITIES INDEPENDENT POWER PRODUCERS DEVELOPING COUNTRIES POWER SECTOR PRIVATE INVESTMENTS ELECTRICITY PRICING GOVERNMENT PLANNING POWER DISTRIBUTION BIDDING FINANCIAL CRISES MARKET LIBERALIZATION RISK GOVERNMENT LIABILITY |
| spellingShingle |
ACCOUNTING AGRICULTURE AUCTIONS BALANCE SHEET BIDDING BORROWING CAPACITY COSTS CAPITAL COSTS CAPITAL MARKETS COAL CONSUMERS DEBT DEVELOPMENT BANKS ECONOMIC GROWTH ELECTRICITY ENERGY PRICES EXCHANGE RATE EXCHANGE RATES FINANCIAL CRISIS FIXED COSTS FOREIGN EXCHANGE FOREIGN EXCHANGE EXPOSURE FUELS GOVERNMENT GUARANTEES IMPORTS INSURANCE INTEREST RATES INTERNAL CASH GENERATION LOCAL CAPITAL MARKETS MARGINAL COSTS MARKET RISK MARKET RISKS MATURITIES MORAL HAZARD OPERATING COSTS PRESENT VALUE PRICE CAPS PRICE SUBSIDIES PRICE VARIATIONS PRIVATE SECTOR PRIVATIZATION PRODUCERS PUBLIC SECTOR QUOTAS RESOURCE MOBILIZATION RETAIL SALES SAVINGS SPOT PRICES SUPPLY COSTS TELECOMMUNICATIONS TRANSACTION COSTS TRANSPARENCY UTILITIES INDEPENDENT POWER PRODUCERS DEVELOPING COUNTRIES POWER SECTOR PRIVATE INVESTMENTS ELECTRICITY PRICING GOVERNMENT PLANNING POWER DISTRIBUTION BIDDING FINANCIAL CRISES MARKET LIBERALIZATION RISK GOVERNMENT LIABILITY ACCOUNTING AGRICULTURE AUCTIONS BALANCE SHEET BIDDING BORROWING CAPACITY COSTS CAPITAL COSTS CAPITAL MARKETS COAL CONSUMERS DEBT DEVELOPMENT BANKS ECONOMIC GROWTH ELECTRICITY ENERGY PRICES EXCHANGE RATE EXCHANGE RATES FINANCIAL CRISIS FIXED COSTS FOREIGN EXCHANGE FOREIGN EXCHANGE EXPOSURE FUELS GOVERNMENT GUARANTEES IMPORTS INSURANCE INTEREST RATES INTERNAL CASH GENERATION LOCAL CAPITAL MARKETS MARGINAL COSTS MARKET RISK MARKET RISKS MATURITIES MORAL HAZARD OPERATING COSTS PRESENT VALUE PRICE CAPS PRICE SUBSIDIES PRICE VARIATIONS PRIVATE SECTOR PRIVATIZATION PRODUCERS PUBLIC SECTOR QUOTAS RESOURCE MOBILIZATION RETAIL SALES SAVINGS SPOT PRICES SUPPLY COSTS TELECOMMUNICATIONS TRANSACTION COSTS TRANSPARENCY UTILITIES INDEPENDENT POWER PRODUCERS DEVELOPING COUNTRIES POWER SECTOR PRIVATE INVESTMENTS ELECTRICITY PRICING GOVERNMENT PLANNING POWER DISTRIBUTION BIDDING FINANCIAL CRISES MARKET LIBERALIZATION RISK GOVERNMENT LIABILITY Albouy, Yves Bousba, Reda The Impact of IPPs in Developing Countries : Out of the Crisis and into the Future |
| description |
Developing countries started opening
their power sectors to independent power producers (IPPs)
some ten years ago, and IPPs have now developed into a large
market. This Note examines several contentious questions
relating to the developing of this market: Has risk been
transferred to the private sector, or have IPPs contributed
to an increase in government liabilities? Have IPPs
contributed an increase in foreign exchange exposure? Are
pricing and investment decisions efficient? Have IPPs
contributed to sector modernization? Answering these
questions has become more pressing with the global financial
crisis. The Note concludes that on the whole IPPs have had a
positive development impact. But negative effects become
significant when the IPP program quickly grows to a large
size relative to the host grid capacity, as has happened in
a few Asian countries. |
| topic_facet |
ACCOUNTING AGRICULTURE AUCTIONS BALANCE SHEET BIDDING BORROWING CAPACITY COSTS CAPITAL COSTS CAPITAL MARKETS COAL CONSUMERS DEBT DEVELOPMENT BANKS ECONOMIC GROWTH ELECTRICITY ENERGY PRICES EXCHANGE RATE EXCHANGE RATES FINANCIAL CRISIS FIXED COSTS FOREIGN EXCHANGE FOREIGN EXCHANGE EXPOSURE FUELS GOVERNMENT GUARANTEES IMPORTS INSURANCE INTEREST RATES INTERNAL CASH GENERATION LOCAL CAPITAL MARKETS MARGINAL COSTS MARKET RISK MARKET RISKS MATURITIES MORAL HAZARD OPERATING COSTS PRESENT VALUE PRICE CAPS PRICE SUBSIDIES PRICE VARIATIONS PRIVATE SECTOR PRIVATIZATION PRODUCERS PUBLIC SECTOR QUOTAS RESOURCE MOBILIZATION RETAIL SALES SAVINGS SPOT PRICES SUPPLY COSTS TELECOMMUNICATIONS TRANSACTION COSTS TRANSPARENCY UTILITIES INDEPENDENT POWER PRODUCERS DEVELOPING COUNTRIES POWER SECTOR PRIVATE INVESTMENTS ELECTRICITY PRICING GOVERNMENT PLANNING POWER DISTRIBUTION BIDDING FINANCIAL CRISES MARKET LIBERALIZATION RISK GOVERNMENT LIABILITY |
| author |
Albouy, Yves Bousba, Reda |
| author_facet |
Albouy, Yves Bousba, Reda |
| author_sort |
Albouy, Yves |
| title |
The Impact of IPPs in Developing Countries : Out of the Crisis and
into the Future |
| title_short |
The Impact of IPPs in Developing Countries : Out of the Crisis and
into the Future |
| title_full |
The Impact of IPPs in Developing Countries : Out of the Crisis and
into the Future |
| title_fullStr |
The Impact of IPPs in Developing Countries : Out of the Crisis and
into the Future |
| title_full_unstemmed |
The Impact of IPPs in Developing Countries : Out of the Crisis and
into the Future |
| title_sort |
impact of ipps in developing countries : out of the crisis and
into the future |
| publisher |
World Bank, Washington, DC |
| publishDate |
1998-12 |
| url |
http://documents.worldbank.org/curated/en/1998/12/441573/impact-ipps-developing-countries-out-crisis-future https://hdl.handle.net/10986/11513 |
| work_keys_str_mv |
AT albouyyves theimpactofippsindevelopingcountriesoutofthecrisisandintothefuture AT bousbareda theimpactofippsindevelopingcountriesoutofthecrisisandintothefuture AT albouyyves impactofippsindevelopingcountriesoutofthecrisisandintothefuture AT bousbareda impactofippsindevelopingcountriesoutofthecrisisandintothefuture |
| _version_ |
1807154284487245824 |