Energy Pricing Strategy in Egypt

The present report is the final deliverable of the consulting study, an energy pricing strategy for Egypt, undertaken for the Government of Egypt with World Bank financing. The purpose of the report is threefold: to provide an overview and summarize key aspects of the project, and integrate the main findings that have been presented in a series of separate reports developed during the project; to provide specific recommendations for energy prices and levels, the transition path to full cost-reflective prices and the mitigation support to accompany the pricing reform; and to provide an overview of the organizational arrangements and key actions for implementing the energy pricing strategy. The present report comprises of the following sections: section one gives introduction, section two provides an overview of key elements of the study, including its objectives and tasks, the rationale for reforming energy prices, and the methodology for determining cost-reflective prices and assessing the impact of implementing them. Section three contains the recommended energy prices over the suggested transition period, together with the subsidies that continue to apply during the transition, and proposals for modifying prices in accordance with movements in key price-determining parameters. Section four sets out the minimum levels of cash compensation that the authors recommend are provided to eligible households for the mitigation of negative impacts during the reform and transition period. Section five discusses the organizational arrangements for implementing, monitoring and evaluating the energy pricing strategy. The final section contains the action plan for implementing the strategy.

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Bibliographic Details
Main Authors: KANTOR Management Consultants, EQI
Language:English
en_US
Published: World Bank, Washington, DC 2009-06-25
Subjects:ADVERTISING, AFFORDABLE ENERGY, ALTERNATIVE USES, APPROACH, AVERAGE PRICE, AVERAGE PRICES, BALANCE, BALANCE OF PAYMENTS, BORDER PRICE, CARBON, CARBON DIOXIDE, CARBON INTENSITY, COMPENSATION PAYABLE, COMPETITIVENESS, COST OF GAS, CRUDE OIL, CRUDE OIL PRICE, DELIVERY MECHANISMS, DEMAND SIDE MANAGEMENT, DIESEL, DISTRIBUTION NETWORK, DOMESTIC CRUDE OIL, DOMESTIC ENERGY, EFFICIENCY IMPROVEMENTS, EFFICIENT USE, EFFICIENT USE OF ENERGY, ELECTRICITY, ELECTRICITY COMPANY, ELECTRICITY GENERATION, ELECTRICITY INDUSTRY, ELECTRICITY PRICES, ELECTRICITY PRODUCTION, ELECTRICITY SECTOR, ELECTRICITY TARIFFS, EMISSIONS, EMPLOYMENT, ENERGY CONSUMPTION, ENERGY COSTS, ENERGY EFFICIENCY, ENERGY EFFICIENCY MEASURES, ENERGY INTENSIVE, ENERGY MARKET, ENERGY MARKETS, ENERGY PRICE, ENERGY PRICES, ENERGY PRICING, ENERGY PRODUCTS, EXPENDITURE, FAIR, FUEL, FUEL CONSUMPTION, FUEL COST, FUEL COSTS, FUEL PRICE, FUEL PRICES, FUEL PRODUCTS, FUELS, GAS COMPANY, GAS DISTRIBUTION, GAS DISTRIBUTION NETWORK, GAS IMPORTS, GAS PRICE, GAS PRICES, GAS SECTOR, GAS SECTORS, GASOLINE, GASOLINE PRICES, GREENHOUSE, GREENHOUSE GASES, GROSS DOMESTIC PRODUCT, HEAVY FUEL OIL, HIGHER ENERGY PRICES, INCOME, INCOME EFFECTS, INDEXATION, INFLATION, INPUT PRICES, INTERMEDIATE GOODS, INTERNATIONAL MARKET, KEROSENE, MARKET CONDITIONS, NATURAL GAS, NATURAL GAS PRICE, NATURAL GAS PRICES, NATURAL GAS PRODUCTION, NATURAL GAS SUPPLY, OIL, OIL COMPANY, OIL COST, OIL EQUIVALENT, OIL PRICES, OIL PRODUCTS, PETROLEUM, PETROLEUM GAS, PETROLEUM INDUSTRY, PETROLEUM PRODUCTS, PETROLEUM SECTOR, POLLUTION, POWER, POWER GENERATION, PRICE ADJUSTMENT, PRICE CHANGE, PRICE CHANGES, PRICE CONTROLS, PRICE DECREASE, PRICE DECREASES, PRICE INCREASE, PRICE INCREASES, PRICE INDEX, PRICE INDICES, PRICE LEVELS, PRICE OF GAS, PRICE SUBSIDIES, PRICES OF ENERGY, PRICES OF FUELS, PRICING MODEL, PRICING MODELS, PRICING REFORM, PRICING REFORMS, PRICING STRATEGY, PRIMARY FUEL, PUBLIC UTILITIES, PURCHASING, REFINED PRODUCTS, RETAIL, RETAIL PRICE, RETAIL PRICES, SPREAD, SUBSTITUTION, SUPPLIERS, SUPPLY CHAIN, SURPLUS, SURPLUSES, TARGET PRICES, VEHICLES, VOLTAGE,
Online Access:http://documents.worldbank.org/curated/en/2009/06/20480088/egypt-consulting-services-energy-pricing-strategy-final-report
https://hdl.handle.net/10986/21131
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Summary:The present report is the final deliverable of the consulting study, an energy pricing strategy for Egypt, undertaken for the Government of Egypt with World Bank financing. The purpose of the report is threefold: to provide an overview and summarize key aspects of the project, and integrate the main findings that have been presented in a series of separate reports developed during the project; to provide specific recommendations for energy prices and levels, the transition path to full cost-reflective prices and the mitigation support to accompany the pricing reform; and to provide an overview of the organizational arrangements and key actions for implementing the energy pricing strategy. The present report comprises of the following sections: section one gives introduction, section two provides an overview of key elements of the study, including its objectives and tasks, the rationale for reforming energy prices, and the methodology for determining cost-reflective prices and assessing the impact of implementing them. Section three contains the recommended energy prices over the suggested transition period, together with the subsidies that continue to apply during the transition, and proposals for modifying prices in accordance with movements in key price-determining parameters. Section four sets out the minimum levels of cash compensation that the authors recommend are provided to eligible households for the mitigation of negative impacts during the reform and transition period. Section five discusses the organizational arrangements for implementing, monitoring and evaluating the energy pricing strategy. The final section contains the action plan for implementing the strategy.