This paper analyzes theoretically and empirically how upstream markets are affected by deregulation downstream. Deregulation tends to increase the level of uncertainty in the upstream market. Our theoretical analysis predicts that deregulated firms respond to this increase in uncertainty by...

Morocco charted its own distinctive path of power sector reform. It selectively introduced private sector participation for generation capacity expansion and electricity distribution, while retaining a strong, state-owned and vertically-integrated national power utility operating as a single...

Paul Wolfowitz, President of the World Bank, remarked that a key goal of the World Bank is supporting developing countries in meeting their energy demands, and helping poor people escape from poverty, and doing so with a smaller environmental footprint. It is important to build a strong...

This report explores options to scale up and accelerate the energy transition to cleaner electricity and district heating generation mixes and reconcile the government's concerns over the serious local air pollution and commitments to combat climate change. The report draws three main...

This paper develops a pseudo-panel approach to examine household electricity demand behaviour through the household life cycle and its response to income variations to help strengthen the energy policy-making process. Our empirical methodology is based on three rich independent microdata surveys...