Competitive Contracting for Privately Generated Power : What to Do in the Absence of Competition in the Market

Introducing independent power producers (IPPs) into a power system where existing generators are inefficient can deliver more efficient investment. But it is not sufficient to achieve the operating benefits of competition. Key to determining whethe...

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Main Author:	Bacon, Robert
Format:	Viewpoint
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	BIDDING CONSUMER PRICE INDEX CONSUMER PRICES CONSUMERS CONTRACTUAL ARRANGEMENTS COST INDEXES COST SAVINGS ENERGY COSTS ENERGY DEPARTMENT ENERGY PRICE GENERATOR HEAT INDEXATION MARKET POWER MARKET SHARE MARKETING POTENTIAL INVESTORS POWER SECTOR REFORM POWER SYSTEM PRICE COMPETITION PROFIT MOTIVE SALES SALES AGREEMENTS SUPPLIERS TOTAL COSTS DENATIONALIZATION POWER DISTRIBUTION POWER GENERATION ELECTRIC POWER GENERATION ELECTRIC UTILITIES PURCHASE TRANSACTIONS ENERGY INDUSTRIES ENERGY SUPPLY ENERGY PRICES MARKET COMPETITION
Online Access:	http://documents.worldbank.org/curated/en/1995/05/441655/competitive-contracting-privately-generated-power-absence-competition-market http://hdl.handle.net/10986/11672

id	okr-10986-11672
recordtype	oai_dc
spelling	okr-10986-116722021-06-14T11:04:51Z Competitive Contracting for Privately Generated Power : What to Do in the Absence of Competition in the Market Bacon, Robert BIDDING CONSUMER PRICE INDEX CONSUMER PRICES CONSUMERS CONTRACTUAL ARRANGEMENTS COST INDEXES COST SAVINGS ENERGY COSTS ENERGY DEPARTMENT ENERGY PRICE GENERATOR HEAT INDEXATION MARKET POWER MARKET SHARE MARKETING POTENTIAL INVESTORS POWER SECTOR REFORM POWER SYSTEM PRICE COMPETITION PROFIT MOTIVE SALES SALES AGREEMENTS SUPPLIERS TOTAL COSTS DENATIONALIZATION POWER DISTRIBUTION POWER GENERATION ELECTRIC POWER GENERATION ELECTRIC UTILITIES PURCHASE TRANSACTIONS ENERGY INDUSTRIES ENERGY SUPPLY ENERGY PRICES MARKET COMPETITION Introducing independent power producers (IPPs) into a power system where existing generators are inefficient can deliver more efficient investment. But it is not sufficient to achieve the operating benefits of competition. Key to determining whether or not the IPPs and the system as a whole will operate efficiently are the power and energy sales contracts with the IPPs. The author surveys a range of power purchase agreements and highlights their risks and benefits for operational efficiency. 2012-08-13T15:41:30Z 2012-08-13T15:41:30Z 1995-05 http://documents.worldbank.org/curated/en/1995/05/441655/competitive-contracting-privately-generated-power-absence-competition-market Viewpoint. -- Note no. 47 (May 1995) http://hdl.handle.net/10986/11672 English Viewpoint CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	BIDDING CONSUMER PRICE INDEX CONSUMER PRICES CONSUMERS CONTRACTUAL ARRANGEMENTS COST INDEXES COST SAVINGS ENERGY COSTS ENERGY DEPARTMENT ENERGY PRICE GENERATOR HEAT INDEXATION MARKET POWER MARKET SHARE MARKETING POTENTIAL INVESTORS POWER SECTOR REFORM POWER SYSTEM PRICE COMPETITION PROFIT MOTIVE SALES SALES AGREEMENTS SUPPLIERS TOTAL COSTS DENATIONALIZATION POWER DISTRIBUTION POWER GENERATION ELECTRIC POWER GENERATION ELECTRIC UTILITIES PURCHASE TRANSACTIONS ENERGY INDUSTRIES ENERGY SUPPLY ENERGY PRICES MARKET COMPETITION
spellingShingle	BIDDING CONSUMER PRICE INDEX CONSUMER PRICES CONSUMERS CONTRACTUAL ARRANGEMENTS COST INDEXES COST SAVINGS ENERGY COSTS ENERGY DEPARTMENT ENERGY PRICE GENERATOR HEAT INDEXATION MARKET POWER MARKET SHARE MARKETING POTENTIAL INVESTORS POWER SECTOR REFORM POWER SYSTEM PRICE COMPETITION PROFIT MOTIVE SALES SALES AGREEMENTS SUPPLIERS TOTAL COSTS DENATIONALIZATION POWER DISTRIBUTION POWER GENERATION ELECTRIC POWER GENERATION ELECTRIC UTILITIES PURCHASE TRANSACTIONS ENERGY INDUSTRIES ENERGY SUPPLY ENERGY PRICES MARKET COMPETITION Bacon, Robert Competitive Contracting for Privately Generated Power : What to Do in the Absence of Competition in the Market
relation	Viewpoint
description	Introducing independent power producers (IPPs) into a power system where existing generators are inefficient can deliver more efficient investment. But it is not sufficient to achieve the operating benefits of competition. Key to determining whether or not the IPPs and the system as a whole will operate efficiently are the power and energy sales contracts with the IPPs. The author surveys a range of power purchase agreements and highlights their risks and benefits for operational efficiency.
format	Publications & Research :: Viewpoint
author	Bacon, Robert
author_facet	Bacon, Robert
author_sort	Bacon, Robert
title	Competitive Contracting for Privately Generated Power : What to Do in the Absence of Competition in the Market
title_short	Competitive Contracting for Privately Generated Power : What to Do in the Absence of Competition in the Market
title_full	Competitive Contracting for Privately Generated Power : What to Do in the Absence of Competition in the Market
title_fullStr	Competitive Contracting for Privately Generated Power : What to Do in the Absence of Competition in the Market
title_full_unstemmed	Competitive Contracting for Privately Generated Power : What to Do in the Absence of Competition in the Market
title_sort	competitive contracting for privately generated power : what to do in the absence of competition in the market
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/1995/05/441655/competitive-contracting-privately-generated-power-absence-competition-market http://hdl.handle.net/10986/11672
_version_	1764417585142562816

Competitive Contracting for Privately Generated Power : What to Do in the Absence of Competition in the Market

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