This Selected Issues paper discusses the economics of energy price reform in the Islamic Republic of Iran. Economic policies in Iran have traditionally relied on the abundant availability of energy at a low price to finance the country’s economic development. Low domestic energy prices...

In July 2013, the government approved a major overhaul of the Spanish electricity sector to correct existing imbalances that have led to an exponential increase of regulated electricity costs and a huge tariff deficit. The reform addresses the problem of financial sustainability of the sector,...

The article analyzes current status of and development trends in the power industry in a competitive electricity market. The most probable scenario of structural and technological modernization of the power industry and restructuring of the energy market are discussed. Technological foresight...

Electricity markets are increasingly integrated across borders, but transmission and renewable energy policies often remain local and uncoordinated. In this paper, we analyze how cooperative behavior in developing renewable energy technologies across borders and/or cross-border transmission...

Carbon capture and storage (CCS) technologies have the potential to play a major role in the stabilization of anthropogenic greenhouse gases. To develop the capture technology from its current early pilot phase towards commercial maturity, significant public and private funding is directed...

The objective of this paper is to assesses the Central American power sector reforms and suggest an integrated framework for promoting sustainability of electricity sector reform in the six countries of the Central American isthmus. Whilst the paper draws on experiences gained in other parts of...

In the wake of electric power system transition towards smart grids, and the adoption of the electric market schemes, electric utilities are facing the need of a better load profiles understanding for their customers. In this work, some key objectives were addresses, such as definition of the...

The objective of this paper is to assesses the Central American power sector reforms and suggest an integrated framework for promoting sustainability of electricity sector reform in the six countries of the Central American isthmus. Whilst the paper draws on experiences gained in other parts of...