Observers of Russian state market relations typically consider the state as an entity engaged in creating rent-seeking opportunities for bureaucrats, or for the most powerful economic interests. The trajectory and outcomes of electricity sector reforms demonstrate the limits of this perspective...

The transition of Hong Kong's main economic activities from manufacturing to services is accompanied by gradual changes in the regulatory regimes for monopolies. The local telecommunication services industry has been liberalized, deregulation of public transport is taking shape, and the schemes...

Governments have faced increasing pressure for energy policy to converge around efficiency, sustainability, affordability, and access in recent years. However, separate "silos" rather than an integrated policy framework have addressed these objectives, widening the policy trade-offs. The...

Across the world, change is accelerating in power systems driven by the advent of low-cost, abundant wind and solar energy, the rise of distributed energy resources and increasing digitalization. These factors are leading to a structural shift in the way power systems are best planned and...

Power generation from fossil fuel is one of the largest sources of greenhouse gas emissions, representing 41% of global energy-related CO2 emissions. Combined with the fact that there are a number of low-carbon technologies available for generating electricity, the sector is therefore a key...

The electricity prices in developing countries are relatively low to recover its costs of generation and provision. This results in under-investment in infrastructure, which usually leads to frequent outages or rolling blackouts by the electricity suppliers. Outages may have an adverse impact on...