Revisiting Public-Private Partnerships in the Power Sector

As the world demand for energy continues to grow, a big question is where will all the energy come from and what will the price tag be. With such enormous sums needed, public-private partnerships (PPPs) could play a big role. But the financial cris...

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Bibliographic Details
Main Author: Vagliasindi, Maria
Format: Publication
Language:English
en_US
Published: Washington, DC: World Bank 2013
Subjects:
AIR
CO
CO2
GHG
OIL
Online Access:http://documents.worldbank.org/curated/en/2013/03/17473995/revisiting-public-private-partnerships-power-sector
http://hdl.handle.net/10986/13118
id okr-10986-13118
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 ABATEMENT
ABATEMENT COST
ABATEMENT POTENTIAL
ACCESS TO ELECTRICITY
ADAPTATION TO CLIMATE CHANGE
AIR
ALLOCATION
ANNUAL COST
APPROACH
AUCTION
AUCTIONS
AVAILABILITY
BALANCE
BASELINE EMISSIONS
BIOMASS
CARBON
CARBON CREDITS
CARBON DIOXIDE
CARBON EMISSIONS
CARBON EMISSIONS FROM FOSSIL
CARBON ENERGY
CARBON MARKET
CARBON MARKETS
CARBON MITIGATION
CLEAN ENERGY
CLEAN FUELS
CLIMATE
CLIMATE CHANGE
CLIMATE CHANGE MITIGATION
CLIMATE CHANGE POLICIES
CLIMATE CHANGE POLICY
CLIMATE CHANGE SCENARIOS
CLIMATE POLICY
CO
CO2
COAL
COAL MINES
COLORS
COMMERCIAL BANKS
CONVENTIONAL ELECTRICITY
CONVENTIONAL ELECTRICITY GENERATION
CONVENTIONAL GENERATION
CORPORATE GOVERNANCE
COST OF CARBON
COST OF ELECTRICITY
DECENTRALIZATION
DEMAND FOR ENERGY
DEMAND FOR POWER
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DIESEL
DOMESTIC PRODUCTION
DOMESTIC SOURCES
ECONOMIC COSTS
ECONOMIC GROWTH
ECONOMIC RECOVERY
ECONOMIC SECTORS
ELECTRIC POWER
ELECTRICITY
ELECTRICITY CAPACITY
ELECTRICITY DEMAND
ELECTRICITY DEMAND GROWTH
ELECTRICITY DISTRIBUTION
ELECTRICITY GENERATION
ELECTRICITY PRODUCTION
ELECTRICITY SALES
ELECTRICITY SECTOR
ELECTRICITY SUPPLY
ELECTRICITY TARIFFS
ELECTRICITY UTILITIES
EMERGING ECONOMIES
EMISSION
EMISSION TRADING
EMISSIONS
EMISSIONS FROM DEFORESTATION
EMISSIONS PROJECTIONS
EMPLOYMENT
ENERGY EFFICIENCY
ENERGY MIX
ENERGY OUTLOOK
ENERGY RESOURCES
ENERGY SECURITY
ENERGY SOURCES
ENERGY SUBSIDIES
ENERGY SUPPLY
ENERGY USE
FINANCIAL ASSISTANCE
FINANCIAL COSTS
FINANCIAL CRISES
FINANCIAL CRISIS
FINANCIAL INSTRUMENTS
FINANCIAL MARKETS
FINANCIAL PERFORMANCE
FINANCIAL SECTOR
FINANCIAL SUPPORT
FINANCING OF INVESTMENT
FOREST
FOREST DEGRADATION
FORESTRY
FOSSIL
FOSSIL FUEL
FOSSIL FUEL POWER
FOSSIL FUEL POWER PLANTS
FOSSIL FUEL PRICES
FOSSIL FUEL USE
FOSSIL FUELS
FRAMEWORK CONVENTION ON CLIMATE CHANGE
FUEL
FUEL COSTS
FUEL OIL
GAS PRICES
GAS SUPPLY
GAS TURBINE
GENERATION CAPACITY
GEOTHERMAL TECHNOLOGIES
GHG
GLOBAL ENERGY DEMAND
GLOBAL WARMING
GOVERNMENT BUDGETS
GOVERNMENT POLICY
GREENHOUSE
GREENHOUSE GASES
GROSS DOMESTIC PRODUCT
GROWTH IN DEMAND
GROWTH IN DEMAND FOR ELECTRICITY
HEAT
HYDRO POWER
HYDROPOWER
HYDROPOWER PLANT
IMPORTS
INCOME
INFORMATION SYSTEMS
INSURANCE
INSURANCE MARKET
INTEREST RATE
INTERNATIONAL BANK
INTERNATIONAL FINANCIAL INSTITUTIONS
INVESTING
INVESTMENT REQUIREMENTS
IPCC
KILOWATT-HOUR
LONG-TERM FINANCING
LOW-CARBON
LOWER DEMAND
LOWER ELECTRICITY DEMAND
MARKET ENVIRONMENT
MARKET GOVERNANCE
MARKET REFORMS
MARKET SIZE
MONETARY POLICY
NATURAL GAS
NUCLEAR PLANT
NUCLEAR PLANTS
OIL
OIL CONSUMPTION
OIL PRICE
PER CAPITA INCOME
PETROLEUM
POLICY MAKERS
POLICY SCENARIO
POLITICAL ECONOMY
POWER
POWER CORPORATION
POWER COSTS
POWER CRISIS
POWER GENERATION
POWER PLANT
POWER PLANTS
POWER PRODUCER
POWER PROJECT
POWER PURCHASE AGREEMENTS
POWER SECTOR
POWER SECTORS
POWER SHORTAGES
POWER SOURCES
POWER STATION
POWER STATIONS
POWER SUPPLY
PRECIPITATION
PRESENT VALUE
PRICE OF OIL
PRICE TAG
PRIVATE CAPITAL
PRIVATE INVESTMENT
PRIVATE INVESTORS
PUBLIC ASSETS
PUBLIC SPENDING
PUBLIC UTILITIES
REAL ESTATE
REAL INTEREST
REAL INTEREST RATES
REGULATORY FRAMEWORKS
RENEWABLE ENERGIES
RENEWABLE ENERGY
RENEWABLE ENERGY PROJECTS
RENEWABLE GENERATION
RENEWABLE POWER
RENEWABLE SOURCES
RENEWABLE SOURCES OF ENERGY
RENEWABLE_ENERGY
RESIDUAL FUEL
RESIDUAL FUEL OIL
RESPONSE TO CLIMATE CHANGE
RETURN
SCENARIOS
SMALL POWER PRODUCERS
SOLAR POWER
TEMPERATURE
THERMAL ENERGY
THERMAL POWER
THERMAL POWER PLANT
TRADABLE CARBON
TRANSMISSION INFRASTRUCTURE
TRANSMISSION LINES
TRANSMISSION LOSSES
TRANSMISSION SYSTEM
UNEP
WHOLESALE POWER
WIND
WIND CAPACITY
WIND GENERATION
WIND POWER
WIND POWER CAPACITY
spellingShingle ABATEMENT
ABATEMENT COST
ABATEMENT POTENTIAL
ACCESS TO ELECTRICITY
ADAPTATION TO CLIMATE CHANGE
AIR
ALLOCATION
ANNUAL COST
APPROACH
AUCTION
AUCTIONS
AVAILABILITY
BALANCE
BASELINE EMISSIONS
BIOMASS
CARBON
CARBON CREDITS
CARBON DIOXIDE
CARBON EMISSIONS
CARBON EMISSIONS FROM FOSSIL
CARBON ENERGY
CARBON MARKET
CARBON MARKETS
CARBON MITIGATION
CLEAN ENERGY
CLEAN FUELS
CLIMATE
CLIMATE CHANGE
CLIMATE CHANGE MITIGATION
CLIMATE CHANGE POLICIES
CLIMATE CHANGE POLICY
CLIMATE CHANGE SCENARIOS
CLIMATE POLICY
CO
CO2
COAL
COAL MINES
COLORS
COMMERCIAL BANKS
CONVENTIONAL ELECTRICITY
CONVENTIONAL ELECTRICITY GENERATION
CONVENTIONAL GENERATION
CORPORATE GOVERNANCE
COST OF CARBON
COST OF ELECTRICITY
DECENTRALIZATION
DEMAND FOR ENERGY
DEMAND FOR POWER
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DIESEL
DOMESTIC PRODUCTION
DOMESTIC SOURCES
ECONOMIC COSTS
ECONOMIC GROWTH
ECONOMIC RECOVERY
ECONOMIC SECTORS
ELECTRIC POWER
ELECTRICITY
ELECTRICITY CAPACITY
ELECTRICITY DEMAND
ELECTRICITY DEMAND GROWTH
ELECTRICITY DISTRIBUTION
ELECTRICITY GENERATION
ELECTRICITY PRODUCTION
ELECTRICITY SALES
ELECTRICITY SECTOR
ELECTRICITY SUPPLY
ELECTRICITY TARIFFS
ELECTRICITY UTILITIES
EMERGING ECONOMIES
EMISSION
EMISSION TRADING
EMISSIONS
EMISSIONS FROM DEFORESTATION
EMISSIONS PROJECTIONS
EMPLOYMENT
ENERGY EFFICIENCY
ENERGY MIX
ENERGY OUTLOOK
ENERGY RESOURCES
ENERGY SECURITY
ENERGY SOURCES
ENERGY SUBSIDIES
ENERGY SUPPLY
ENERGY USE
FINANCIAL ASSISTANCE
FINANCIAL COSTS
FINANCIAL CRISES
FINANCIAL CRISIS
FINANCIAL INSTRUMENTS
FINANCIAL MARKETS
FINANCIAL PERFORMANCE
FINANCIAL SECTOR
FINANCIAL SUPPORT
FINANCING OF INVESTMENT
FOREST
FOREST DEGRADATION
FORESTRY
FOSSIL
FOSSIL FUEL
FOSSIL FUEL POWER
FOSSIL FUEL POWER PLANTS
FOSSIL FUEL PRICES
FOSSIL FUEL USE
FOSSIL FUELS
FRAMEWORK CONVENTION ON CLIMATE CHANGE
FUEL
FUEL COSTS
FUEL OIL
GAS PRICES
GAS SUPPLY
GAS TURBINE
GENERATION CAPACITY
GEOTHERMAL TECHNOLOGIES
GHG
GLOBAL ENERGY DEMAND
GLOBAL WARMING
GOVERNMENT BUDGETS
GOVERNMENT POLICY
GREENHOUSE
GREENHOUSE GASES
GROSS DOMESTIC PRODUCT
GROWTH IN DEMAND
GROWTH IN DEMAND FOR ELECTRICITY
HEAT
HYDRO POWER
HYDROPOWER
HYDROPOWER PLANT
IMPORTS
INCOME
INFORMATION SYSTEMS
INSURANCE
INSURANCE MARKET
INTEREST RATE
INTERNATIONAL BANK
INTERNATIONAL FINANCIAL INSTITUTIONS
INVESTING
INVESTMENT REQUIREMENTS
IPCC
KILOWATT-HOUR
LONG-TERM FINANCING
LOW-CARBON
LOWER DEMAND
LOWER ELECTRICITY DEMAND
MARKET ENVIRONMENT
MARKET GOVERNANCE
MARKET REFORMS
MARKET SIZE
MONETARY POLICY
NATURAL GAS
NUCLEAR PLANT
NUCLEAR PLANTS
OIL
OIL CONSUMPTION
OIL PRICE
PER CAPITA INCOME
PETROLEUM
POLICY MAKERS
POLICY SCENARIO
POLITICAL ECONOMY
POWER
POWER CORPORATION
POWER COSTS
POWER CRISIS
POWER GENERATION
POWER PLANT
POWER PLANTS
POWER PRODUCER
POWER PROJECT
POWER PURCHASE AGREEMENTS
POWER SECTOR
POWER SECTORS
POWER SHORTAGES
POWER SOURCES
POWER STATION
POWER STATIONS
POWER SUPPLY
PRECIPITATION
PRESENT VALUE
PRICE OF OIL
PRICE TAG
PRIVATE CAPITAL
PRIVATE INVESTMENT
PRIVATE INVESTORS
PUBLIC ASSETS
PUBLIC SPENDING
PUBLIC UTILITIES
REAL ESTATE
REAL INTEREST
REAL INTEREST RATES
REGULATORY FRAMEWORKS
RENEWABLE ENERGIES
RENEWABLE ENERGY
RENEWABLE ENERGY PROJECTS
RENEWABLE GENERATION
RENEWABLE POWER
RENEWABLE SOURCES
RENEWABLE SOURCES OF ENERGY
RENEWABLE_ENERGY
RESIDUAL FUEL
RESIDUAL FUEL OIL
RESPONSE TO CLIMATE CHANGE
RETURN
SCENARIOS
SMALL POWER PRODUCERS
SOLAR POWER
TEMPERATURE
THERMAL ENERGY
THERMAL POWER
THERMAL POWER PLANT
TRADABLE CARBON
TRANSMISSION INFRASTRUCTURE
TRANSMISSION LINES
TRANSMISSION LOSSES
TRANSMISSION SYSTEM
UNEP
WHOLESALE POWER
WIND
WIND CAPACITY
WIND GENERATION
WIND POWER
WIND POWER CAPACITY
Vagliasindi, Maria
Revisiting Public-Private Partnerships in the Power Sector
relation World Bank Study
description As the world demand for energy continues to grow, a big question is where will all the energy come from and what will the price tag be. With such enormous sums needed, public-private partnerships (PPPs) could play a big role. But the financial crisis has raised worries about funding, and much is still not known about how best to attract PPPs. This report reviews the evidence to date with sectoral reforms and considers different approaches in varying circumstances to help outline the potential role of the private and public sector in: 1) strengthening the corporate governance of private and public utilities; 2) helping governments to establish legal, regulatory, contractual, and fiscal frameworks; and 3) improved market governance to attract private investment. Chapter one reviews the impact of the recent financial crisis on PPP investment compared with what happened in earlier financial crises. It also looks out the latest projections for additional power sector investment needed because of climate change and the possible sources of financing. Chapter two examines how PPP investment in the power sector has fared. It also gives the results of an econometric study that explores which types of incentives and variables matter most to PPPs when they are weighing entering the power sector, especially in renewables, and what influences the ongoing level of investment. The idea is to provide a powerful benchmarking tool at the sector and country levels against which governments and policy makers can evaluate progress on this issue. Chapter three examines four case studies-in China, Brazil, Peru, and Mexico-to identify, disseminate, and promote best practices on alternative ways to attract PPPs.
format Publications & Research :: Publication
author Vagliasindi, Maria
author_facet Vagliasindi, Maria
author_sort Vagliasindi, Maria
title Revisiting Public-Private Partnerships in the Power Sector
title_short Revisiting Public-Private Partnerships in the Power Sector
title_full Revisiting Public-Private Partnerships in the Power Sector
title_fullStr Revisiting Public-Private Partnerships in the Power Sector
title_full_unstemmed Revisiting Public-Private Partnerships in the Power Sector
title_sort revisiting public-private partnerships in the power sector
publisher Washington, DC: World Bank
publishDate 2013
url http://documents.worldbank.org/curated/en/2013/03/17473995/revisiting-public-private-partnerships-power-sector
http://hdl.handle.net/10986/13118
_version_ 1764422535417430016
spelling okr-10986-131182021-04-23T14:03:06Z Revisiting Public-Private Partnerships in the Power Sector Vagliasindi, Maria ABATEMENT ABATEMENT COST ABATEMENT POTENTIAL ACCESS TO ELECTRICITY ADAPTATION TO CLIMATE CHANGE AIR ALLOCATION ANNUAL COST APPROACH AUCTION AUCTIONS AVAILABILITY BALANCE BASELINE EMISSIONS BIOMASS CARBON CARBON CREDITS CARBON DIOXIDE CARBON EMISSIONS CARBON EMISSIONS FROM FOSSIL CARBON ENERGY CARBON MARKET CARBON MARKETS CARBON MITIGATION CLEAN ENERGY CLEAN FUELS CLIMATE CLIMATE CHANGE CLIMATE CHANGE MITIGATION CLIMATE CHANGE POLICIES CLIMATE CHANGE POLICY CLIMATE CHANGE SCENARIOS CLIMATE POLICY CO CO2 COAL COAL MINES COLORS COMMERCIAL BANKS CONVENTIONAL ELECTRICITY CONVENTIONAL ELECTRICITY GENERATION CONVENTIONAL GENERATION CORPORATE GOVERNANCE COST OF CARBON COST OF ELECTRICITY DECENTRALIZATION DEMAND FOR ENERGY DEMAND FOR POWER DEVELOPING COUNTRIES DEVELOPING COUNTRY DIESEL DOMESTIC PRODUCTION DOMESTIC SOURCES ECONOMIC COSTS ECONOMIC GROWTH ECONOMIC RECOVERY ECONOMIC SECTORS ELECTRIC POWER ELECTRICITY ELECTRICITY CAPACITY ELECTRICITY DEMAND ELECTRICITY DEMAND GROWTH ELECTRICITY DISTRIBUTION ELECTRICITY GENERATION ELECTRICITY PRODUCTION ELECTRICITY SALES ELECTRICITY SECTOR ELECTRICITY SUPPLY ELECTRICITY TARIFFS ELECTRICITY UTILITIES EMERGING ECONOMIES EMISSION EMISSION TRADING EMISSIONS EMISSIONS FROM DEFORESTATION EMISSIONS PROJECTIONS EMPLOYMENT ENERGY EFFICIENCY ENERGY MIX ENERGY OUTLOOK ENERGY RESOURCES ENERGY SECURITY ENERGY SOURCES ENERGY SUBSIDIES ENERGY SUPPLY ENERGY USE FINANCIAL ASSISTANCE FINANCIAL COSTS FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL INSTRUMENTS FINANCIAL MARKETS FINANCIAL PERFORMANCE FINANCIAL SECTOR FINANCIAL SUPPORT FINANCING OF INVESTMENT FOREST FOREST DEGRADATION FORESTRY FOSSIL FOSSIL FUEL FOSSIL FUEL POWER FOSSIL FUEL POWER PLANTS FOSSIL FUEL PRICES FOSSIL FUEL USE FOSSIL FUELS FRAMEWORK CONVENTION ON CLIMATE CHANGE FUEL FUEL COSTS FUEL OIL GAS PRICES GAS SUPPLY GAS TURBINE GENERATION CAPACITY GEOTHERMAL TECHNOLOGIES GHG GLOBAL ENERGY DEMAND GLOBAL WARMING GOVERNMENT BUDGETS GOVERNMENT POLICY GREENHOUSE GREENHOUSE GASES GROSS DOMESTIC PRODUCT GROWTH IN DEMAND GROWTH IN DEMAND FOR ELECTRICITY HEAT HYDRO POWER HYDROPOWER HYDROPOWER PLANT IMPORTS INCOME INFORMATION SYSTEMS INSURANCE INSURANCE MARKET INTEREST RATE INTERNATIONAL BANK INTERNATIONAL FINANCIAL INSTITUTIONS INVESTING INVESTMENT REQUIREMENTS IPCC KILOWATT-HOUR LONG-TERM FINANCING LOW-CARBON LOWER DEMAND LOWER ELECTRICITY DEMAND MARKET ENVIRONMENT MARKET GOVERNANCE MARKET REFORMS MARKET SIZE MONETARY POLICY NATURAL GAS NUCLEAR PLANT NUCLEAR PLANTS OIL OIL CONSUMPTION OIL PRICE PER CAPITA INCOME PETROLEUM POLICY MAKERS POLICY SCENARIO POLITICAL ECONOMY POWER POWER CORPORATION POWER COSTS POWER CRISIS POWER GENERATION POWER PLANT POWER PLANTS POWER PRODUCER POWER PROJECT POWER PURCHASE AGREEMENTS POWER SECTOR POWER SECTORS POWER SHORTAGES POWER SOURCES POWER STATION POWER STATIONS POWER SUPPLY PRECIPITATION PRESENT VALUE PRICE OF OIL PRICE TAG PRIVATE CAPITAL PRIVATE INVESTMENT PRIVATE INVESTORS PUBLIC ASSETS PUBLIC SPENDING PUBLIC UTILITIES REAL ESTATE REAL INTEREST REAL INTEREST RATES REGULATORY FRAMEWORKS RENEWABLE ENERGIES RENEWABLE ENERGY RENEWABLE ENERGY PROJECTS RENEWABLE GENERATION RENEWABLE POWER RENEWABLE SOURCES RENEWABLE SOURCES OF ENERGY RENEWABLE_ENERGY RESIDUAL FUEL RESIDUAL FUEL OIL RESPONSE TO CLIMATE CHANGE RETURN SCENARIOS SMALL POWER PRODUCERS SOLAR POWER TEMPERATURE THERMAL ENERGY THERMAL POWER THERMAL POWER PLANT TRADABLE CARBON TRANSMISSION INFRASTRUCTURE TRANSMISSION LINES TRANSMISSION LOSSES TRANSMISSION SYSTEM UNEP WHOLESALE POWER WIND WIND CAPACITY WIND GENERATION WIND POWER WIND POWER CAPACITY As the world demand for energy continues to grow, a big question is where will all the energy come from and what will the price tag be. With such enormous sums needed, public-private partnerships (PPPs) could play a big role. But the financial crisis has raised worries about funding, and much is still not known about how best to attract PPPs. This report reviews the evidence to date with sectoral reforms and considers different approaches in varying circumstances to help outline the potential role of the private and public sector in: 1) strengthening the corporate governance of private and public utilities; 2) helping governments to establish legal, regulatory, contractual, and fiscal frameworks; and 3) improved market governance to attract private investment. Chapter one reviews the impact of the recent financial crisis on PPP investment compared with what happened in earlier financial crises. It also looks out the latest projections for additional power sector investment needed because of climate change and the possible sources of financing. Chapter two examines how PPP investment in the power sector has fared. It also gives the results of an econometric study that explores which types of incentives and variables matter most to PPPs when they are weighing entering the power sector, especially in renewables, and what influences the ongoing level of investment. The idea is to provide a powerful benchmarking tool at the sector and country levels against which governments and policy makers can evaluate progress on this issue. Chapter three examines four case studies-in China, Brazil, Peru, and Mexico-to identify, disseminate, and promote best practices on alternative ways to attract PPPs. 2013-04-10T15:11:06Z 2013-04-10T15:11:06Z 2013-03-22 http://documents.worldbank.org/curated/en/2013/03/17473995/revisiting-public-private-partnerships-power-sector 978-0-8213-9762-6 10.1596/978-0-8213-9762-6 http://hdl.handle.net/10986/13118 English en_US World Bank Study CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication