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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Bibliographic Details
Main Author: World Bank
Format: Energy Study
Language:English
en_US
Published: Washington, DC 2013
Subjects:
LNG
Online Access:http://documents.worldbank.org/curated/en/2009/09/16453555/international-experience-cross-border-power-trading
http://hdl.handle.net/10986/12716
id okr-10986-12716
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic AMOUNT OF POWER
APPROACH
AVAILABILITY
BIDS
BILATERAL TRANSACTIONS
BORDER TRADE
BORDER TRANSMISSION
BROKER
BUYER
BUYERS
CAPABILITY
CAPITAL COSTS
CAPITAL EXPENDITURES
CARGO
COAL
COMMERCIAL RISKS
COMPETITIVE MARKETS
COMPETITIVENESS
CONCESSIONS
COPYRIGHT
COST RECOVERY
CREDIBILITY
DEBT
DECISION MAKING PROCESS
DEFAULTS
DEVELOPMENT BANK
DEVELOPMENT FINANCE
DISPUTE RESOLUTION
DOMESTIC ENERGY
DOMESTIC MARKET
DURABLE
ECONOMIES OF SCALE
ELECTRIC POWER
ELECTRICAL ENERGY
ELECTRICITY
ELECTRICITY CONSUMERS
ELECTRICITY CONSUMPTION
ELECTRICITY GENERATION
ELECTRICITY GENERATION CAPACITY
ELECTRICITY INFRASTRUCTURE
ELECTRICITY MARKET
ELECTRICITY SUPPLY
ELECTRICITY TRADE
ELECTRIFICATION
ENERGY DEMAND
ENERGY TRANSPORT
ENFORCEABILITY
ENTERPRISE SURVEYS
EQUIPMENT
EXPENDITURES
EXPORTER
EXPORTERS
FEDERAL POWER COMMISSION
FINANCIAL SETTLEMENTS
FOREIGN INVESTMENTS
FORGIVENESS
FUTURE DEMAND
GENERATING CAPACITY
GENERATION
GENERATION CAPACITY
GOVERNMENT COMMITMENTS
GOVERNMENT POLICY
GOVERNMENT SUPPORT
GRIDS
HYDRO PLANT
HYDROPOWER
INFRASTRUCTURE INVESTMENT
INSTITUTION
INSTITUTIONAL FRAMEWORK
INSTITUTIONAL SUPPORT
INTERNATIONAL DEVELOPMENT
INTERNATIONAL ENERGY
INVESTMENT CLIMATE
INVESTMENT DECISIONS
LEGAL AUTHORITY
LEGAL FRAMEWORK
LNG
LOAN
MARKET PARTICIPANTS
MARKET PRICES
MARKET REGULATION
MARKET RULES
MARKET TRADING
MARKET TRANSACTIONS
MARKETING
MATERIAL
NET INCOME
NETWORKS
PEAK CAPACITY
PEAK DEMAND
PEAK ELECTRICITY DEMAND
PHYSICAL INFRASTRUCTURE
PIPELINES
PLANT OPERATORS
PLANT PERFORMANCE
POLITICAL ECONOMY
POTENTIAL INVESTORS
POWER
POWER COMPANY
POWER CONSUMPTION
POWER DEMAND
POWER DEVELOPMENT
POWER OUTAGES
POWER PLANNING
POWER PLANTS
POWER POOLS
POWER PRODUCER
POWER PRODUCERS
POWER PROJECTS
POWER PURCHASE
POWER PURCHASE AGREEMENTS
POWER PURCHASES
POWER PURCHASING COSTS
POWER SECTOR
POWER SECTOR PLANNING
POWER SECTORS
POWER SHORTAGES
POWER STATION
POWER SUPPLIES
POWER SYSTEM
POWER SYSTEMS
POWER TRADE
POWER TRADING
POWER TRANSACTIONS
PRICING REGIME
PRIVATE INVESTMENT
PRIVATE SECTOR
PRIVATE SECTOR FINANCE
PRIVATE SECTOR INVESTMENT
PRIVATE SECTOR PARTICIPATION
PROJECT MANAGEMENT
PROTOCOL
PROTOCOLS
PUBLIC UTILITIES
PUBLIC UTILITY
PUBLIC UTILITY COMMISSION
REGIONAL INFRASTRUCTURE
REGULATORY AUTHORITIES
REGULATORY AUTHORITY
REGULATORY ENVIRONMENT
REGULATORY FRAMEWORK
REGULATORY FRAMEWORKS
REGULATORY REQUIREMENTS
REGULATORY SCRUTINY
RELIABILITY
RESERVE
RESULT
RESULTS
RETAIL TARIFFS
RETURN
RISK ALLOCATION
RISK CAPITAL
RISK MANAGEMENT
SENSITIVE INFORMATION
SETTLEMENT
SOFT LOANS
SPOT MARKET
SPOT MARKET PURCHASES
SPOT MARKET TRADING
SPOT MARKET TRANSACTIONS
STANDARDIZATION
STATE UTILITY
SUPPLY CONTRACTS
SURPLUS POWER
TECHNICAL ASSISTANCE
TECHNICAL ISSUES
TECHNICAL REQUIREMENTS
TELECOMMUNICATION
TELECOMMUNICATIONS
TIME PERIOD
TOLL
TRADING
TRANSACTION
TRANSACTION COSTS
TRANSLATION
TRANSMISSION ASSETS
TRANSMISSION CAPACITY
TRANSMISSION FACILITIES
TRANSMISSION GRID
TRANSMISSION INFRASTRUCTURE
TRANSMISSION LINE
TRANSMISSION LINES
TRANSMISSION ORGANIZATION
TRANSMISSION OWNERS
TRANSMISSION PRICING
TRANSMISSION SYSTEM
TRANSMISSION SYSTEMS
TRANSPARENCY
TREASURY
TREATIES
TREATY
USES
UTILITIES
VEHICLES
VOLTAGE
WHITE PAPER
WORLD TRADE
spellingShingle AMOUNT OF POWER
APPROACH
AVAILABILITY
BIDS
BILATERAL TRANSACTIONS
BORDER TRADE
BORDER TRANSMISSION
BROKER
BUYER
BUYERS
CAPABILITY
CAPITAL COSTS
CAPITAL EXPENDITURES
CARGO
COAL
COMMERCIAL RISKS
COMPETITIVE MARKETS
COMPETITIVENESS
CONCESSIONS
COPYRIGHT
COST RECOVERY
CREDIBILITY
DEBT
DECISION MAKING PROCESS
DEFAULTS
DEVELOPMENT BANK
DEVELOPMENT FINANCE
DISPUTE RESOLUTION
DOMESTIC ENERGY
DOMESTIC MARKET
DURABLE
ECONOMIES OF SCALE
ELECTRIC POWER
ELECTRICAL ENERGY
ELECTRICITY
ELECTRICITY CONSUMERS
ELECTRICITY CONSUMPTION
ELECTRICITY GENERATION
ELECTRICITY GENERATION CAPACITY
ELECTRICITY INFRASTRUCTURE
ELECTRICITY MARKET
ELECTRICITY SUPPLY
ELECTRICITY TRADE
ELECTRIFICATION
ENERGY DEMAND
ENERGY TRANSPORT
ENFORCEABILITY
ENTERPRISE SURVEYS
EQUIPMENT
EXPENDITURES
EXPORTER
EXPORTERS
FEDERAL POWER COMMISSION
FINANCIAL SETTLEMENTS
FOREIGN INVESTMENTS
FORGIVENESS
FUTURE DEMAND
GENERATING CAPACITY
GENERATION
GENERATION CAPACITY
GOVERNMENT COMMITMENTS
GOVERNMENT POLICY
GOVERNMENT SUPPORT
GRIDS
HYDRO PLANT
HYDROPOWER
INFRASTRUCTURE INVESTMENT
INSTITUTION
INSTITUTIONAL FRAMEWORK
INSTITUTIONAL SUPPORT
INTERNATIONAL DEVELOPMENT
INTERNATIONAL ENERGY
INVESTMENT CLIMATE
INVESTMENT DECISIONS
LEGAL AUTHORITY
LEGAL FRAMEWORK
LNG
LOAN
MARKET PARTICIPANTS
MARKET PRICES
MARKET REGULATION
MARKET RULES
MARKET TRADING
MARKET TRANSACTIONS
MARKETING
MATERIAL
NET INCOME
NETWORKS
PEAK CAPACITY
PEAK DEMAND
PEAK ELECTRICITY DEMAND
PHYSICAL INFRASTRUCTURE
PIPELINES
PLANT OPERATORS
PLANT PERFORMANCE
POLITICAL ECONOMY
POTENTIAL INVESTORS
POWER
POWER COMPANY
POWER CONSUMPTION
POWER DEMAND
POWER DEVELOPMENT
POWER OUTAGES
POWER PLANNING
POWER PLANTS
POWER POOLS
POWER PRODUCER
POWER PRODUCERS
POWER PROJECTS
POWER PURCHASE
POWER PURCHASE AGREEMENTS
POWER PURCHASES
POWER PURCHASING COSTS
POWER SECTOR
POWER SECTOR PLANNING
POWER SECTORS
POWER SHORTAGES
POWER STATION
POWER SUPPLIES
POWER SYSTEM
POWER SYSTEMS
POWER TRADE
POWER TRADING
POWER TRANSACTIONS
PRICING REGIME
PRIVATE INVESTMENT
PRIVATE SECTOR
PRIVATE SECTOR FINANCE
PRIVATE SECTOR INVESTMENT
PRIVATE SECTOR PARTICIPATION
PROJECT MANAGEMENT
PROTOCOL
PROTOCOLS
PUBLIC UTILITIES
PUBLIC UTILITY
PUBLIC UTILITY COMMISSION
REGIONAL INFRASTRUCTURE
REGULATORY AUTHORITIES
REGULATORY AUTHORITY
REGULATORY ENVIRONMENT
REGULATORY FRAMEWORK
REGULATORY FRAMEWORKS
REGULATORY REQUIREMENTS
REGULATORY SCRUTINY
RELIABILITY
RESERVE
RESULT
RESULTS
RETAIL TARIFFS
RETURN
RISK ALLOCATION
RISK CAPITAL
RISK MANAGEMENT
SENSITIVE INFORMATION
SETTLEMENT
SOFT LOANS
SPOT MARKET
SPOT MARKET PURCHASES
SPOT MARKET TRADING
SPOT MARKET TRANSACTIONS
STANDARDIZATION
STATE UTILITY
SUPPLY CONTRACTS
SURPLUS POWER
TECHNICAL ASSISTANCE
TECHNICAL ISSUES
TECHNICAL REQUIREMENTS
TELECOMMUNICATION
TELECOMMUNICATIONS
TIME PERIOD
TOLL
TRADING
TRANSACTION
TRANSACTION COSTS
TRANSLATION
TRANSMISSION ASSETS
TRANSMISSION CAPACITY
TRANSMISSION FACILITIES
TRANSMISSION GRID
TRANSMISSION INFRASTRUCTURE
TRANSMISSION LINE
TRANSMISSION LINES
TRANSMISSION ORGANIZATION
TRANSMISSION OWNERS
TRANSMISSION PRICING
TRANSMISSION SYSTEM
TRANSMISSION SYSTEMS
TRANSPARENCY
TREASURY
TREATIES
TREATY
USES
UTILITIES
VEHICLES
VOLTAGE
WHITE PAPER
WORLD TRADE
World Bank
International Experience with Cross-border Power Trading
geographic_facet Africa
description 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.
format Economic & Sector Work :: Energy Study
author World Bank
author_facet World Bank
author_sort World Bank
title International Experience with Cross-border Power Trading
title_short International Experience with Cross-border Power Trading
title_full International Experience with Cross-border Power Trading
title_fullStr International Experience with Cross-border Power Trading
title_full_unstemmed International Experience with Cross-border Power Trading
title_sort international experience with cross-border power trading
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2009/09/16453555/international-experience-cross-border-power-trading
http://hdl.handle.net/10986/12716
_version_ 1764421641220128768
spelling okr-10986-127162021-04-23T14:03:04Z International Experience with Cross-border Power Trading World Bank AMOUNT OF POWER APPROACH AVAILABILITY BIDS BILATERAL TRANSACTIONS BORDER TRADE BORDER TRANSMISSION BROKER BUYER BUYERS CAPABILITY CAPITAL COSTS CAPITAL EXPENDITURES CARGO COAL COMMERCIAL RISKS COMPETITIVE MARKETS COMPETITIVENESS CONCESSIONS COPYRIGHT COST RECOVERY CREDIBILITY DEBT DECISION MAKING PROCESS DEFAULTS DEVELOPMENT BANK DEVELOPMENT FINANCE DISPUTE RESOLUTION DOMESTIC ENERGY DOMESTIC MARKET DURABLE ECONOMIES OF SCALE ELECTRIC POWER ELECTRICAL ENERGY ELECTRICITY ELECTRICITY CONSUMERS ELECTRICITY CONSUMPTION ELECTRICITY GENERATION ELECTRICITY GENERATION CAPACITY ELECTRICITY INFRASTRUCTURE ELECTRICITY MARKET ELECTRICITY SUPPLY ELECTRICITY TRADE ELECTRIFICATION ENERGY DEMAND ENERGY TRANSPORT ENFORCEABILITY ENTERPRISE SURVEYS EQUIPMENT EXPENDITURES EXPORTER EXPORTERS FEDERAL POWER COMMISSION FINANCIAL SETTLEMENTS FOREIGN INVESTMENTS FORGIVENESS FUTURE DEMAND GENERATING CAPACITY GENERATION GENERATION CAPACITY GOVERNMENT COMMITMENTS GOVERNMENT POLICY GOVERNMENT SUPPORT GRIDS HYDRO PLANT HYDROPOWER INFRASTRUCTURE INVESTMENT INSTITUTION INSTITUTIONAL FRAMEWORK INSTITUTIONAL SUPPORT INTERNATIONAL DEVELOPMENT INTERNATIONAL ENERGY INVESTMENT CLIMATE INVESTMENT DECISIONS LEGAL AUTHORITY LEGAL FRAMEWORK LNG LOAN MARKET PARTICIPANTS MARKET PRICES MARKET REGULATION MARKET RULES MARKET TRADING MARKET TRANSACTIONS MARKETING MATERIAL NET INCOME NETWORKS PEAK CAPACITY PEAK DEMAND PEAK ELECTRICITY DEMAND PHYSICAL INFRASTRUCTURE PIPELINES PLANT OPERATORS PLANT PERFORMANCE POLITICAL ECONOMY POTENTIAL INVESTORS POWER POWER COMPANY POWER CONSUMPTION POWER DEMAND POWER DEVELOPMENT POWER OUTAGES POWER PLANNING POWER PLANTS POWER POOLS POWER PRODUCER POWER PRODUCERS POWER PROJECTS POWER PURCHASE POWER PURCHASE AGREEMENTS POWER PURCHASES POWER PURCHASING COSTS POWER SECTOR POWER SECTOR PLANNING POWER SECTORS POWER SHORTAGES POWER STATION POWER SUPPLIES POWER SYSTEM POWER SYSTEMS POWER TRADE POWER TRADING POWER TRANSACTIONS PRICING REGIME PRIVATE INVESTMENT PRIVATE SECTOR PRIVATE SECTOR FINANCE PRIVATE SECTOR INVESTMENT PRIVATE SECTOR PARTICIPATION PROJECT MANAGEMENT PROTOCOL PROTOCOLS PUBLIC UTILITIES PUBLIC UTILITY PUBLIC UTILITY COMMISSION REGIONAL INFRASTRUCTURE REGULATORY AUTHORITIES REGULATORY AUTHORITY REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY FRAMEWORKS REGULATORY REQUIREMENTS REGULATORY SCRUTINY RELIABILITY RESERVE RESULT RESULTS RETAIL TARIFFS RETURN RISK ALLOCATION RISK CAPITAL RISK MANAGEMENT SENSITIVE INFORMATION SETTLEMENT SOFT LOANS SPOT MARKET SPOT MARKET PURCHASES SPOT MARKET TRADING SPOT MARKET TRANSACTIONS STANDARDIZATION STATE UTILITY SUPPLY CONTRACTS SURPLUS POWER TECHNICAL ASSISTANCE TECHNICAL ISSUES TECHNICAL REQUIREMENTS TELECOMMUNICATION TELECOMMUNICATIONS TIME PERIOD TOLL TRADING TRANSACTION TRANSACTION COSTS TRANSLATION TRANSMISSION ASSETS TRANSMISSION CAPACITY TRANSMISSION FACILITIES TRANSMISSION GRID TRANSMISSION INFRASTRUCTURE TRANSMISSION LINE TRANSMISSION LINES TRANSMISSION ORGANIZATION TRANSMISSION OWNERS TRANSMISSION PRICING TRANSMISSION SYSTEM TRANSMISSION SYSTEMS TRANSPARENCY TREASURY TREATIES TREATY USES UTILITIES VEHICLES VOLTAGE WHITE PAPER WORLD TRADE 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. 2013-03-14T14:54:27Z 2013-03-14T14:54:27Z 2009-09 http://documents.worldbank.org/curated/en/2009/09/16453555/international-experience-cross-border-power-trading http://hdl.handle.net/10986/12716 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Energy Study Economic & Sector Work Africa