IDEAS home Printed from https://ideas.repec.org/a/eee/enepol/v36y2008i10p3948-3960.html
   My bibliography  Save this article

Demise of the standard model for power sector reform and the emergence of hybrid power markets

Author

Listed:
  • Gratwick, Katharine Nawaal
  • Eberhard, Anton

Abstract

Following earlier reforms in the power sectors of industrialized countries and emerging markets (e.g. Chile), developing countries were encouraged to unbundle their electricity industries and to introduce competition and private sector participation. This paper highlights the developments that led to how power sector reform came to be defined as a standard model and theoretical framework in its own right, and how the model was used prescriptively in many developing countries. However, we also show that, after more than 15 years of reform efforts, this new industry model has not fully taken root in most developing countries. Finally, we identify and characterize the emergence of new hybrid power markets, which pose fresh performance and investment challenges.

Suggested Citation

  • Gratwick, Katharine Nawaal & Eberhard, Anton, 2008. "Demise of the standard model for power sector reform and the emergence of hybrid power markets," Energy Policy, Elsevier, vol. 36(10), pages 3948-3960, October.
    • Handle: RePEc:eee:enepol:v:36:y:2008:i:10:p:3948-3960
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301-4215(08)00362-5
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Ikhupuleng Dube, 2000. "Power Sector Reform Experiences in Zimbabwe," Palgrave Macmillan Books, in: John K. Turkson (ed.), Power Sector Reform in SubSaharan Africa, chapter 6, pages 121-151, Palgrave Macmillan.
    2. repec:idb:brikps:18658 is not listed on IDEAS
    3. Victor,David G. & Heller,Thomas C. (ed.), 2007. "The Political Economy of Power Sector Reform," Cambridge Books, Cambridge University Press, number 9780521865029, January.
    4. World Bank, 2008. "World Development Indicators 2008," World Bank Publications - Books, The World Bank Group, number 11855.
    5. Paul Joskow, 2003. "Electricity Sector Restructuring and Competition: Lessons Learned," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 40(121), pages 548-558.
    6. Wamukonya, Njeri, 2003. "Power sector reform in developing countries: mismatched agendas," Energy Policy, Elsevier, vol. 31(12), pages 1273-1289, September.
    7. Woolf, Fiona & Halpern, Jonathan, 2001. "Integrating independent power producers into emerging wholesale power markets," Policy Research Working Paper Series 2703, The World Bank.
    8. Jamasb, T., 2002. "Reform and Regulation of the Electricity Sectors in Developing Countries," Cambridge Working Papers in Economics 0226, Faculty of Economics, University of Cambridge.
    9. Jaime Millán, 2007. "Market or State?: Three Decades of Reform in the Latin American Electric Power Industry," IDB Publications (Books), Inter-American Development Bank, number 79519, February.
    10. World Bank, 2007. "World Development Indicators 2007," World Bank Publications - Books, The World Bank Group, number 8150.
    11. Robert Bacon, 1999. "A Scorecard for Energy Reform in Developing Countries," World Bank Publications - Reports 11487, The World Bank Group.
    12. Alfred E. Kahn, 1988. "The Economics of Regulation: Principles and Institutions," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262610523, December.
    13. Williams, J.H. & Ghanadan, R., 2006. "Electricity reform in developing and transition countries: A reappraisal," Energy, Elsevier, vol. 31(6), pages 815-844.
    14. Yi-chong, Xu, 2006. "The myth of the single solution: electricity reforms and the World Bank," Energy, Elsevier, vol. 31(6), pages 802-814.
    15. repec:bla:devpol:v:26:y:2008:i:3:p:309-338 is not listed on IDEAS
    16. World Bank, 2008. "World Development Indicators 2008," World Bank Publications - Books, The World Bank Group, number 28241.
    17. Cecilia Briceño-Garmendia & Anton Eberhard & Fatimata Ouedraogo & Vivien Foster & Maria Shkaratan & Daniel Camos, 2008. "Underpowered : The State of the Power Sector in Sub-Saharan Africa," World Bank Publications - Reports 7833, The World Bank Group.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Andersen, Thomas Barnebeck & Dalgaard, Carl-Johan, 2013. "Power outages and economic growth in Africa," Energy Economics, Elsevier, vol. 38(C), pages 19-23.
    2. Anton Eberhard, 2017. "Powering Africa: Facing the Financing and Reform Challenges," Working Paper 808f2af7-2cf9-4bca-8b3f-3, Agence française de développement.
    3. Gore, Christopher D. & Brass, Jennifer N. & Baldwin, Elizabeth & MacLean, Lauren M., 2019. "Political autonomy and resistance in electricity sector liberalization in Africa," World Development, Elsevier, vol. 120(C), pages 193-209.
    4. James, Jennifer S. & Pardey, Philip G. & Alston, Julian M., 2008. "Agricultural R&D Policy: A Tragedy of the International Commons," Staff Papers 43094, University of Minnesota, Department of Applied Economics.
    5. Niklas Potrafke, 2012. "Political cycles and economic performance in OECD countries: empirical evidence from 1951–2006," Public Choice, Springer, vol. 150(1), pages 155-179, January.
    6. Christian Bjørnskov & Niklas Potrafke, 2012. "Political Ideology and Economic Freedom Across Canadian Provinces," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 38(2), pages 143-166.
    7. ., 2010. "The Korean Economy: Transition to a Knowledge-based Economy," Chapters, in: The Korean Economy in Transition, chapter 4, Edward Elgar Publishing.
    8. Mohammed Yelwa & S.A.J. Obansa Awe & Emmanuel Omonoyi, 2015. "Informality, Inclusiveness and Economic Growth in Nigeria," International Journal of Management Science and Business Administration, Inovatus Services Ltd., vol. 1(10), pages 33-44, September.
    9. Nghiem Thi Hong Nhung, 2016. "Optimal Forest Management for Carbon Sequestration: A Case Study of Eucalyptus urophylla and Acacia mangium in Yen Bai Province, Vietnam," EEPSEA Research Report rr2016046, Economy and Environment Program for Southeast Asia (EEPSEA), revised Apr 2016.
    10. Kaushik Basu, 2016. "Beyond the Invisible Hand: Groundwork for a New Economics," Economics Books, Princeton University Press, edition 1, number 9299.
    11. Michikazu Kojima & Etsuyo Michida, 2011. "Trade and the Environment," Chapters, in: Masahisa Fujita & Ikuo Kuroiwa & Satoru Kumagai (ed.), The Economics of East Asian Integration, chapter 18, Edward Elgar Publishing.
    12. Haq, Zahoor Ul & Meilke, Karl D., 2009. "The Role of Income Growth in Emerging Markets and the BRICs in Agrifood Trade," Working Papers 48122, Canadian Agricultural Trade Policy Research Network.
    13. Fagerberg, Jan & Srholec, Martin & Verspagen, Bart, 2010. "Innovation and Economic Development," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 2, chapter 0, pages 833-872, Elsevier.
    14. Aloui, Zouhaier, 2019. "The impact of remittancess on poverty : What relations in Sub-saharan Africa and latin America ?," MPRA Paper 95953, University Library of Munich, Germany.
    15. Valenzuela, Ernesto & Anderson, Kym, 2010. "Agricultural and trade policy reforms in Latin America: impacts on markets and welfare," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    16. Yu, Bingxin & You, Liangzhi & Fan, Shenggen, 2010. "Toward a typology of food security in developing countries:," IFPRI discussion papers 945, International Food Policy Research Institute (IFPRI).
    17. Alberto Chilosi, 2010. "Poverty, Population, Inequality, and Development: the Historical Perspective," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 7(2), pages 469-501, December.
    18. Rozalia NISTOR & Costel NISTOR & Mihaela-Carmen MUNTEAN, 2010. "The Relationship between the Current World Crisis and Global Imbalances," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 155-166.
    19. Sisira Jayasuriya & Nephil Matangi Maskay, 2010. "Enhancing Economic Integration In South Asia: Issues And Prospects For Closer Monetary Cooperation," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 55(01), pages 185-206.
    20. Sonali Bhattacharya, 2010. "Knowledge Economy in India: Challenges and Opportunities," Journal of Information & Knowledge Management (JIKM), World Scientific Publishing Co. Pte. Ltd., vol. 9(03), pages 203-225.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:36:y:2008:i:10:p:3948-3960. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.