Development of a Regional Power Market in the Greater Mekong Sub-Region : Compatibility of Regulatory Systems and Pricing Principles
A 1999 study by the Bank, which summarized the unprecedented opportunity for economic, and environmental benefits for individual countries, and the entire Greater Mekong Sub-region (GMS) associated with cross-border power trade, concluded that a fu...
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Format: | ESMAP Paper |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2014
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2001/12/1735286/development-regional-power-market-greater-mekong-sub-region-gms http://hdl.handle.net/10986/20280 |
Summary: | A 1999 study by the Bank, which
summarized the unprecedented opportunity for economic, and
environmental benefits for individual countries, and the
entire Greater Mekong Sub-region (GMS) associated with
cross-border power trade, concluded that a full trade
scenario, could yield significant savings over the next two
decades, even before quantifying substantial environmental
benefits. Based on these conclusions, GMS member countries
were surveyed (attached as an appendix), and, this report
compares the status of institutional/regulatory, and
commercial policies across the region, to provide background
information. Specifically, the focus is on the compatibility
of national regulatory systems, especially for wheeling; the
compatibility of pricing principles at both production, and
transmission; and, the potential barriers to enhanced trade,
which are revealed in this review. Section 2 provides a
brief review of on-going reforms in member countries.
Section 3 compares progress with respect to key regulatory,
and commercial issues (particularly pricing) most critical
to power trade, noting barriers to expanded power trade
revealed through the country comparisons. |
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