The paper deals with the economics of sustainability associated with the transformation of energy markets. It emphasizes the interrelations between technical changes and energy markets and how in turn the resulting transformations alter the sustainability of economic systems that are dependent...

The model of power sector reform that emerged during the 1990s placed considerable emphasis on the creation of an independent regulatory agency, with a strong orientation toward technically-driven tariff-setting procedures. Despite widespread uptake of regulation, implementation has proved to be...

Electricity shortages are among the biggest barriers to South Asia'sdevelopment. Some 255 million people-more than a quarter of the world'soff-grid population-live in South Asia, and millions of households and firmsthat are connected experience frequent and long hours of blackouts.Inefficiencies...

The purpose of this report is to identify how to maximize finance available to Nepal in the electricity sector. This report identifies financing needs and constraints for the energy sector in the short to medium term and outlines a road map for overcoming these constraints and seizing...

The global financial crisis severely affected economies in Eastern Europe and Central Asia (ECA). Currencies depreciated across the region. Government tax revenues declined sharply leading to high budget deficits and rising levels of public debt. Tightening credit supply and deteriorating...

This paper develops a number of approaches to power sector planning that respond to the uncertainties that Afghanistan faces. It aims to provide an alternative to the "predict then act" approach to planning, which will allow more robust decision making. The paper is divided into two parts: the...

Considerable work has been done to understand and improve the resilience of individual infrastructure components. However, systems of components, or even systems of systems, are far less well understood. Cascade effects, where the loss of one infrastructure affects others, is a major source of...

Resilience against infrastructure failure is essential for ensuring the health and safety of communities during and following natural hazard situations. Understanding how natural hazards impact society in terms of economic cost, recovery time, and damages to critical infrastructure is essential...

This study forms part of a broader study by the Oil and Gas Policy Division(COCPO) to identify reasons for the Liquid Petroleum Gas market (LPG market) failure in some selected countries, including Ghana. It is sequel to a similar study carried out in Nigeria in 2002. It is expected that lessons...

The Global Gas Flaring Reduction Partnership (GGFR) provides its members with overviews of the potential solutions to recover and monetize the flared and/or associated gas. This study analyses two options that could be used for this monetization of small volumes (1 -15 MMscf/d): the LNG and CNG...