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The Electric Power Industry Reform Act (EPIRA) is one of the landmark pro-market reforms implemented to achieve … appears to be a well-thought power sector reform design, having followed most of the features of the kind of reform …
Persistent link: https://www.econbiz.de/10011992838
Pakistan's power sector underwent a substantial, if protracted, reform process. Beginning with an independent power … and frequent blackouts. At the heart of the impasse is the so-called "circular debt" crisis, whereby distribution …
Persistent link: https://www.econbiz.de/10012022361
The Philippines power sector underwent a substantial and largely complete reform process. Following a severe shortage … of supply in the late 1980s and the Asian Financial crisis of 1997, which made the dollar-denominated debt of the … National Power Corporation extremely burdensome, the Electric Power Industry Reform Act was passed in 2001. This was intended …
Persistent link: https://www.econbiz.de/10012022385
The challenge of power sector reform in the Arab Republic of Egypt has long been dominated by extremely high subsidies … pressure in 2014 when energy subsidies reached 6.8 percent of gross domestic product. Since then, the reform process has been …
Persistent link: https://www.econbiz.de/10012229762
ahead of other elements may limit the market effectiveness and even make subsequent reform steps more difficult …
Persistent link: https://www.econbiz.de/10012229789
Two successive waves of reform have fundamentally altered the structure and organization of Kenya's vibrant power …-beginning in 2002 and led by domestic reform champions-the thrust of first-wave reforms was continued, with the strengthening of … independent regulation, partial privatization of the generation company (KenGen), and establishment of complementary entities …
Persistent link: https://www.econbiz.de/10012008392
benefits of reform from materializing until much later. The failed first attempt with the Bujagali Hydropower independent power … substantial improvements in operational efficiency and accelerating service coverage. Although the reform model was eventually …
Persistent link: https://www.econbiz.de/10012008394
Morocco charted its own distinctive path of power sector reform. It selectively introduced private sector participation … through this selective approach to reform have come somewhat at the expense of the financial viability of the incumbent …
Persistent link: https://www.econbiz.de/10012632150
Persistent link: https://www.econbiz.de/10013278091
Capital Market-Based Calculation of the Cost of Equity -- Methods of Price Regulation -- Empirical Secondary Data … important to consider a possible change in the regulation regime when the future-oriented costs of equity - both in terms of … price regulation and for conducting capital market-oriented business valuations - are to be determined. Based on the …
Persistent link: https://www.econbiz.de/10013522837