Republic of Moldova : District Heating and Electricity Tariff and Affordability Analysis

World Bank Group

Republic of Moldova : District Heating and Electricity Tariff and Affordability Analysis

The objective of the study is to: (i) assess the adequacy of the existing heat and electricity tariff levels for achieving financial viability of the energy sector operators; (ii) analyze the distributional implications of energy tariff increases; and (iii) assess the effectiveness of the existing social assistance programs and how to adjust them to mitigate the impact of energy tariff increase on the poor This report presents the key findings and recommendations for the Government of Moldova as well as other energy sector stakeholders. The report starts with a synopsis that summarizes the key findings and recommendations. The main report section starts with an introduction to country context, presents the design of tariff setting methodologies, and assesses the adequacy of tariffs based on constructed scenarios. Thereafter analysis of the distributional impact of projected range of tariff increases and the need to adjust the social assistance programs to mitigate the impact on the poor are presented. The report concludes with recommendations for the government on actions to be implemented on tariff setting methodologies and social assistance as well as areas for further research. Appendices include further background information of the analysis.

Saved in:

Bibliographic Details
Main Author:	World Bank Group
Format:	Report biblioteca
Language:	English en_US
Published:	World Bank, Washington, DC 2015-10-26
Subjects:	HOUSEHOLD INCOMES, TARIFFS, REGULATORY FRAMEWORK, ENERGY EFFICIENCY INVESTMENTS, ACCOUNTING, CHECKS, RESIDENTIAL CONSUMERS, VALUATION, ELECTRICITY TARIFF, DISTRICT HEATING, INTEREST, RATE OF RETURN, ACTIVITIES, POWER PRICES, ENERGY EXPENDITURE, GENERATION, INTEREST RATE, EXCHANGE, COST OF ELECTRICITY, GAS PRICES, DISTRICT HEATING SYSTEM, GAS PRICE, ELECTRIC HEATERS, DEVALUATION, LOAN, DISCOUNT, ASSET BASE, GAS, PRICE, EFFICIENCY IMPROVEMENT, VOLTAGE, DISTRIBUTION OF ELECTRICITY, CASH TRANSFER, BENEFICIARIES, INFORMATION SYSTEMS, INFLATION, ELECTRICITY CONSUMPTION, CREDIBILITY, BUDGET, MATURITY, HEAT PRODUCTION, GAS COSTS, HEAT TARIFFS, FINANCIAL SUSTAINABILITY, BENEFICIARY, COGENERATION, OIL, CURRENCY, POWER GENERATION, ENERGY MIX, POWER SECTOR, INCOME GROWTH, ENERGY STRATEGIES, ENERGY SUPPLY, TRANSMISSION GRID, WATER, SOLID FUELS, REGULATORY SYSTEM, MARKETS, EFFICIENCY INVESTMENTS, DEBT, LONG TERM DEBT, HOUSEHOLD INCOME, ELECTRICITY SUPPLY, RETURN, SETTLEMENT, TARIFF DESIGN, PRICE ELASTICITY, LOANS, PRIVATE CAPITAL, CASH TRANSFERS, FUELS, FUEL COSTS, RETURN ON ASSETS, HEATING SYSTEM, PROFIT MARGIN, EXPENDITURE, GOVERNMENT SECURITIES, DEBT LEVELS, DEBT FINANCING, ENERGY CONSUMPTION, EQUITY, TRANSACTION, OPPORTUNITY COST, VALUE OF ASSETS, ASSET VALUE, GOOD, FUNGIBLE, GOVERNMENT BUDGET, HEAT, TRANSPARENCY, COUNTRY RISK, REGULATORY STRUCTURES, FUTURE, UTILITIES, INCOME SHOCKS, SUPPLY OF ELECTRICITY, POWER, ELECTRICITY, BUDGETS, PURCHASING POWER, SAFETY NET, WORKING CAPITAL, ELECTRICITY GENERATION, EXPENDITURES, HOT WATER, ELECTRICITY TARIFFS, CURRENCY DEVALUATION, SHARES, ENERGY BILLS, MARKET, TRANSMISSION SYSTEM, MARKET RISK, NATURAL GAS PRICE, TARIFF LEVELS, SECURITIES, TREASURY, ENERGY EFFICIENCY, NATURAL GAS, LACK OF CREDIBILITY, INVESTOR, HEAT TARIFF, SECURITY, DISTRIBUTION GRID, TRANSMISSION LINE, NATIONAL BANK, INVESTMENT, TARIFF STRUCTURE, BOND, SHARE, ELECTRICITY PRICE, INVESTMENT CLIMATE, POVERTY, COAL, TARIFF, FUEL, LOSS OF CONFIDENCE, REVENUE, PROFIT, INVESTMENTS, HEAT TARIFF STRUCTURE, EXCHANGE RATE, RENEWABLE ENERGY, PROFITS, ELECTRICITY DISTRIBUTION, CAPITAL INVESTMENT, HEAT SUPPLY, COMMODITY PRICES, ARREARS, SHORT TERM DEBT, HEAT GENERATION, ENERGY COSTS, FUEL COST, SMALL BUSINESSES, PRICES, APPROACH, CASH FLOW, ENERGY,
Online Access:	http://documents.worldbank.org/curated/en/2015/10/25520355/moldova-district-heating-electricity-tariff-affordability-analysis http://hdl.handle.net/10986/23599
Tags:	Add Tag No Tags, Be the first to tag this record!