Development of a Regional Power Market in the Greater Mekong Sub-Region : Compatibility of Regulatory Systems and Pricing Principles

A 1999 study by the Bank, which summarized the unprecedented opportunity for economic, and environmental benefits for individual countries, and the entire Greater Mekong Sub-region (GMS) associated with cross-border power trade, concluded that a full trade scenario, could yield significant savings over the next two decades, even before quantifying substantial environmental benefits. Based on these conclusions, GMS member countries were surveyed (attached as an appendix), and, this report compares the status of institutional/regulatory, and commercial policies across the region, to provide background information. Specifically, the focus is on the compatibility of national regulatory systems, especially for wheeling; the compatibility of pricing principles at both production, and transmission; and, the potential barriers to enhanced trade, which are revealed in this review. Section 2 provides a brief review of on-going reforms in member countries. Section 3 compares progress with respect to key regulatory, and commercial issues (particularly pricing) most critical to power trade, noting barriers to expanded power trade revealed through the country comparisons.

Bibliographic Details

Main Author:	Vernstrom, Robert
Format:	ESMAP Paper biblioteca
Language:	English en_US
Published:	World Bank, Washington, DC 2001-12
Subjects:	ACCESS TO MODERN ENERGY, BILATERAL AGREEMENTS, BILATERAL CONTRACTS, BILATERAL TRADE, BORDER TRADE, BULK POWER, BULK SUPPLY, CENTRAL PLANNING, COMPETITIVE MARKETS, COMPETITIVE POWER, COMPETITIVE POWER MARKET, DISCRIMINATORY ACCESS, DISCRIMINATORY BASIS, DISTRIBUTION ASSETS, DISTRIBUTION COMPANIES, DISTRIBUTION NETWORK, DISTRIBUTION UTILITIES, DOMESTIC ELECTRICITY, ECONOMIC GROWTH, ECONOMISTS, ELECTRIC ENERGY, ELECTRIC POWER, ELECTRICITY, ELECTRICITY IMPORTS, ELECTRICITY LAW, ELECTRICITY PRICES, ELECTRICITY SECTOR, ELECTRICITY SUPPLY, EMISSIONS, END-USERS, ENERGY AUTHORITY, ENERGY CONSUMERS, ENERGY INDUSTRY, ENERGY MARKETS, ENERGY REGULATORY COMMISSION, ENERGY RESOURCES, ENERGY SECTOR, ENERGY SECTOR MANAGEMENT ASSISTANCE, ENERGY SOURCES, EXPORTS, FUEL, GAS, GENERATION, GENERATION COMPANIES, GENERATOR, GENERATORS, GREENHOUSE GAS EMISSIONS, GRID, GRID COMPANY, GRIDS, HYDRO PROJECT, IMPORTS, INCOME, INDEPENDENT POWER PRODUCERS, INDEPENDENT REGULATOR, INDEPENDENT REGULATORS, INTERNATIONAL POWER TRADE, INTERNATIONAL TRADE, LEGISLATION, MARGINAL COST, MARKET POWER, MINES, MODERN ENERGY, MONOPOLIES, POTENTIAL INVESTORS, POWER, POWER COMPANIES, POWER COMPANY, POWER ENTERPRISE, POWER GENERATION, POWER MARKETS, POWER PLANTS, POWER POOL, POWER POOLS, POWER PROJECTS, POWER PURCHASE, POWER PURCHASE AGREEMENTS, POWER SALES, POWER SECTOR, POWER SECTOR REFORM, POWER SECTOR REFORMS, POWER SECTORS, POWER SYSTEM, POWER TRADE, POWER TRADING, POWER UTILITIES, PRIVATE OWNERSHIP, PRODUCERS, PUBLIC HEARINGS, REGIONAL POWER MARKET, SAVINGS, STATE POWER, STATE POWER CORPORATION, SUPPLY OF POWER, SUSTAINABLE ENERGY, TRANSMISSION, TRANSMISSION COMPANIES, TRANSMISSION COMPANY, TRANSMISSION GRID, TRANSMISSION INVESTMENTS, TRANSMISSION LINE, TRANSMISSION OF ELECTRICITY,
Online Access:	http://documents.worldbank.org/curated/en/2001/12/1735286/development-regional-power-market-greater-mekong-sub-region-gms http://hdl.handle.net/10986/20280
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