This paper develops a classification of investor risks and surveys 51 private investors and financiers in the power sector in Sub-Saharan Africa. The paper aims for a better understanding of what can be done to attract private solutions to fill the investment gap. It finds that the average...

The power sector reform experiences of developing countries vary greatly. To help explain this from a political economy perspective, this paper reviews several dozen statistical analyses, multi-country case studies, and development practice publications. The frame of reference is the model of...

This paper analyzes power utilities in 15 jurisdictions to understand the determinants of success for reforms aimed at improving financial viability and cost recovery in the power sector and the impacts of these reforms on metrics of sector performance. The analysis finds that electricity...

The purpose of this paper is to help stakeholders to understand key factors driving utility-scale solar PV prices and enable good decision-making conducive to healthy development of solar PV sector globally. This analysis allows us to determine whether recently announced prices are realistic...

Energy storage is particularly well suited to developing countries' power system needs. Developing countries frequently feature weak grids. These are characterized by poor security of supply, driven by a combination of insufficient, unreliable and inflexible generation capacity, underdeveloped...

Over the past 15 years, Ethiopia has focused on raising electrification rates, mainly by extending the national grid system to more villages and towns. The World Bank funded Electricity Access Rural Expansion Project (Phase 2) was implemented since 2007 to assist the Government of Ethiopia (GoE)...

This study uses a contingent valuation approach to value the willingness-to-pay (WTP) for improved service experienced by households in Nepal following the end of the country's load-shedding crisis of 2008-2016. Using a detailed survey of grid-connected Nepali households, the authors calculate...

This paper reviews recent literature on the impacts of various components of power sector reform on the performance of electric utilities in developing countries. Recent literature is heavily focused on statistical testing of the significance of the links between four components of sector reform...

Although many developing countries have yet to meet the considerable prerequisites for establishing wholesale power markets, a significant minority of larger middle-income countries have introduced diverse markets in the past 25 years. Cost-based pools proved particularly popular in Latin...