International Experience with Cross-border Power Trading
The five main lessons for Southern Africa from our review of the experiencewith cross-border power trading in other regions of the work are that: Security of supply concerns need to be explicitly addressed and understood by the parties to proposed...
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| Format: | Energy Study |
| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2009/09/16453555/international-experience-cross-border-power-trading http://hdl.handle.net/10986/12716 |
| Summary: | The five main lessons for Southern
Africa from our review of the experiencewith
cross-border power trading in other regions of the work are
that: Security of supply concerns need to be explicitly
addressed and understood by the parties to proposed
cross-border transactions. Regional entities need to be
empowered to make decisions based on legally enforceable
national government commitments, particularly in relation to
planning, pricing, and settlement rules. Bilateral trading
provides a basis for expanding trading volumes, both through
constructing the physical infrastructure that future deals
will use and by establishing workable legal and regulatory
frameworks. Power pools will help to generate sustained
increases in cross-border trading along with other regional
trading arrangements, particularly in power systems with
several interconnection. The substance and process of
regulatory reviews in importing and exporting countries must
be clear to create sufficient investment certainty. |
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