The Potential of Regional Power Sector Integration : PJM Interconnect, Developed Country Case Study

Developing countries are increasingly pursuing and benefitting from regional power system integration (RPSI) as an important strategy to help provide reliable, affordable electricity to their economies and citizens. Increased electricity cooperation and trade between countries can enhance energy security, bring economies-of-scale in investments, facilitate financing, enable greater renewable energy penetration, and allow synergistic sharing of complementary resources. This briefing note draws from the experiences of RPSI schemes around the world to present a set of findings to help address these challenges. It is based on case studies of 12 RPSI projects and how they are dealing with key aspects of RPSI, such as: (i) finding the right level of integration; (ii) optimizing investment on a regional basis; (iii) appropriate regional institutions (iv) technical and regulatory harmonization; (v) power sector reform and integration (vi) the role of donor agencies (vii) reducing emissions through RPSI; and (viii) RPSI and renewable energy.

Bibliographic Details

Main Author:	Economic Consulting Associates
Language:	English en_US
Published:	World Bank, Washington, DC 2009-08
Subjects:	ALTERNATIVE PROVIDERS, APPROACH, AUCTION, AUCTIONS, AVAILABILITY, AVERAGE PRICE, BACKBONE, BIDDING, BUSINESSES, COAL, COAL OIL, COMMERCE, COMPETITION POLICY, COMPETITIVE MARKETS, CONSUMER PRICE, CONSUMER PRICE INDEX, CONSUMER PRICES, CONTRACTS FOR GENERATION, DAY-TO-DAY OPERATION, DEMAND FORECAST, DEMAND GROWTH, DEMAND MANAGEMENT, DEREGULATION, DISPUTE RESOLUTION, DISTRIBUTION FACILITIES, ECONOMIC ANALYSIS, ECONOMIC DEVELOPMENT, ECONOMIC INDICATORS, ECONOMIES OF SCALE, ELECTRIC GENERATION, ELECTRIC GRID, ELECTRIC POWER, ELECTRIC RELIABILITY, ELECTRIC UTILITIES, ELECTRICAL ENERGY, ELECTRICITY, ELECTRICITY CONSUMPTION, ELECTRICITY DEMAND, ELECTRICITY DEREGULATION, ELECTRICITY GENERATION, ELECTRICITY INDUSTRY, ELECTRICITY MARKETS, ELECTRICITY SECTOR, ELECTRICITY SUPPLY, ELECTRICITY TARIFFS, ELECTRIFICATION, ENERGY CRISIS, ENERGY ECONOMICS, ENERGY MARKETS, ENERGY POLICY, ENERGY POLICY ACT, ENERGY PRICE, ENERGY PRICING, ENERGY PROCUREMENT, ENERGY REQUIREMENTS, ENERGY RESOURCES, ENERGY SECTOR, ENERGY SOURCES, ENERGY USE, ENVIRONMENTAL POLICY, ENVIRONMENTAL PROTECTION, EQUIPMENT, EXCESS PROFITS, FEASIBILITY STUDIES, FEASIBILITY STUDY, FEDERAL ENERGY REGULATORY, FEDERAL POWER COMMISSION, FINANCIAL FLOWS, FINANCIAL INSTRUMENTS, FINANCIAL REPORT, FIXED COSTS, FORWARD MARKET, FUEL, FUEL TYPE, GAS, GAS ENERGY, GAS RESOURCES, GENERAL PUBLIC, GENERATING CAPACITY, GENERATING UNITS, GENERATION, GENERATION CAPACITY, GENERATION SERVICES, GENERATORS, GEOGRAPHIC REGION, GOVERNANCE ARRANGEMENTS, GRID CONNECTION, GRID CONNECTIONS, GROWTH IN DEMAND, HEAT, INFLATION, INFORMATION PROVISION, INSPECTION, INVESTMENT COSTS, LIABILITY COMPANY, LOAD MANAGEMENT, LOAD SHAPE, LOCATIONAL MARGINAL PRICES, MARGINAL COSTS, MARGINAL LOSSES, MARKET POWER, MARKET RULES, MONOPOLIES, MONOPOLY, MONOPOLY POWER, NATURAL GAS, NEW MARKETS, NUCLEAR POWER, NUCLEAR POWER PLANTS, OIL, OIL CRISIS, OPEN ACCESS, OWNERSHIP OF GENERATION, OWNERSHIP STRUCTURE, PDF, PEAK DEMAND, POLLUTION, POLLUTION LEVELS, POWER, POWER COMPANY, POWER PLANTS, POWER SECTOR, POWER STATION, POWER SYSTEM, POWER SYSTEMS, PRICE CONTROL, PRICE CONTROLS, PRICE DIFFERENTIAL, PRICE LEVELS, PRICE SPIKES, PRICING MECHANISMS, PRICING MODEL, PRICING PRINCIPLES, PRIMARY ENERGY, PUBLIC UTILITIES, PUBLIC UTILITY, PURCHASING, REGIONAL TRANSMISSION, REGIONAL TRANSMISSION ORGANIZATION, REGULATION OF TRANSMISSION, REGULATORS, REGULATORY AGENCIES, REGULATORY ARRANGEMENTS, REGULATORY COMMISSION, REGULATORY COMMISSIONS, REGULATORY ENVIRONMENT, REGULATORY POLICY, RENEWABLE ENERGY, RENEWABLE GENERATION, RESULTS, RETAIL, RETAIL COMPETITION, RETAIL ELECTRICITY, RETAIL PRICE, RETAIL PRICES, RETAIL TARIFFS, ROUTES, SALES, SECONDARY MARKET, SERVICE PRICES, SERVICE PROVIDER, SITES, SOCIAL ISSUES, SPOT MARKET, SPOT PRICE, SPOT PRICES, SPOT SALES, STATE REGULATORY, STEAM GENERATION, SUMMER PEAK, SUPPLIERS, SURPLUS, SURPLUSES, THERMAL ENERGY, THIRD-PARTY ENTITIES, TIME FRAME, TIME PERIOD, TRADERS, TRANSFER OF ENERGY, TRANSMISSION ASSETS, TRANSMISSION CAPACITY, TRANSMISSION ISSUES, TRANSMISSION LINES, TRANSMISSION ORGANIZATION, TRANSMISSION ORGANIZATIONS, TRANSMISSION OWNERS, TRANSMISSION PATH, TRANSMISSION PATHS, TRANSMISSION RIGHTS, TRANSMISSION SERVICES, TRANSMISSION SYSTEM, TRANSMISSION SYSTEMS, USER, USER GROUPS, USERS, UTILITIES, UTILITY COMPANIES, VOLTAGE, WHOLESALE COMPETITION, WHOLESALE ELECTRICITY, WHOLESALE ELECTRICITY MARKET, WHOLESALE MARKET, WHOLESALE PRICE, WHOLESALE PRICES, WIND, WIND FARMS,
Online Access:	http://documents.worldbank.org/curated/en/2009/08/17689410/regional-power-sector-integration-lessons-global-case-studies-literature-review-vol-9-14-pennsylvania--new-jersey--maryland-interconnection-pjm-interconnect-developed-country-case-studybr https://hdl.handle.net/10986/17517
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