Institutional Arrangements for the Promotion of Regional Integration of Electricity Markets : International Experience
This paper focuses on the institutional arrangements needed for facilitating regional electricity cooperation. The paper begins by discussing the theory of international trade cooperation in electricity, with a view to discussing what preconditions...
| Main Authors: | , |
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2014/06/19732154/institutional-arrangements-promotion-regional-integration-electricity-markets-international-experience-vol-1 http://hdl.handle.net/10986/19376 |
| Summary: | This paper focuses on the institutional
arrangements needed for facilitating regional electricity
cooperation. The paper begins by discussing the theory of
international trade cooperation in electricity, with a view
to discussing what preconditions might be important in
facilitating wide area trading across national borders. It
then discusses two sets of case studies. The first set
focuses on three regional developing country power pools --
the Southern African Power Pool, the West African Power
Pool, and the Central American Power Market. The second set
focuses on three regional power pools in more developed
countries -- one in the United States, the Single
Electricity Market in Ireland, and the South East Europe
market. These cases highlight the potential and difficulty
of having cross-jurisdictional power pools. In the light of
the theory and evidence presented, key lessons are drawn in
the areas of preconditions for trading, necessary
institutional arrangements, practicalities of timetabling,
reasons to be hopeful about future prospects, and
suggestions for future research. |
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