Republic of Moldova : District Heating and Electricity Tariff and Affordability Analysis

The objective of the study is to: (i) assess the adequacy of the existing heat and electricity tariff levels for achieving financial viability of the energy sector operators; (ii) analyze the distributional implications of energy tariff increases;...

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Main Author: World Bank Group
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
GAS
OIL
Online Access:http://documents.worldbank.org/curated/en/2015/10/25520355/moldova-district-heating-electricity-tariff-affordability-analysis
http://hdl.handle.net/10986/23599
id okr-10986-23599
recordtype oai_dc
spelling okr-10986-235992021-04-23T14:04:16Z Republic of Moldova : District Heating and Electricity Tariff and Affordability Analysis World Bank Group HOUSEHOLD INCOMES TARIFFS REGULATORY FRAMEWORK ENERGY EFFICIENCY INVESTMENTS ACCOUNTING CHECKS RESIDENTIAL CONSUMERS VALUATION ELECTRICITY TARIFF DISTRICT HEATING INTEREST RATE OF RETURN ACTIVITIES POWER PRICES ENERGY EXPENDITURE GENERATION INTEREST RATE EXCHANGE COST OF ELECTRICITY GAS PRICES DISTRICT HEATING SYSTEM GAS PRICE ELECTRIC HEATERS DEVALUATION LOAN DISCOUNT ASSET BASE GAS PRICE EFFICIENCY IMPROVEMENT VOLTAGE DISTRIBUTION OF ELECTRICITY CASH TRANSFER BENEFICIARIES INFORMATION SYSTEMS INFLATION ELECTRICITY CONSUMPTION CREDIBILITY BUDGET MATURITY HEAT PRODUCTION GAS COSTS HEAT TARIFFS FINANCIAL SUSTAINABILITY BENEFICIARY COGENERATION OIL CURRENCY POWER GENERATION ENERGY MIX POWER SECTOR INCOME GROWTH ENERGY STRATEGIES ENERGY SUPPLY TRANSMISSION GRID WATER SOLID FUELS REGULATORY SYSTEM MARKETS EFFICIENCY INVESTMENTS DEBT LONG TERM DEBT HOUSEHOLD INCOME ELECTRICITY SUPPLY RETURN SETTLEMENT TARIFF DESIGN PRICE ELASTICITY LOANS PRIVATE CAPITAL CASH TRANSFERS FUELS FUEL COSTS RETURN ON ASSETS HEATING SYSTEM PROFIT MARGIN EXPENDITURE GOVERNMENT SECURITIES DEBT LEVELS DEBT FINANCING ENERGY CONSUMPTION EQUITY TRANSACTION OPPORTUNITY COST VALUE OF ASSETS ASSET VALUE GOOD FUNGIBLE GOVERNMENT BUDGET HEAT TRANSPARENCY COUNTRY RISK REGULATORY STRUCTURES FUTURE UTILITIES INCOME SHOCKS SUPPLY OF ELECTRICITY POWER ELECTRICITY BUDGETS PURCHASING POWER SAFETY NET WORKING CAPITAL ELECTRICITY GENERATION EXPENDITURES HOT WATER ELECTRICITY TARIFFS CURRENCY DEVALUATION SHARES ENERGY BILLS MARKET TRANSMISSION SYSTEM MARKET RISK NATURAL GAS PRICE TARIFF LEVELS SECURITIES TREASURY ENERGY EFFICIENCY NATURAL GAS LACK OF CREDIBILITY INVESTOR HEAT TARIFF SECURITY DISTRIBUTION GRID TRANSMISSION LINE NATIONAL BANK INVESTMENT TARIFF STRUCTURE BOND SHARE ELECTRICITY PRICE INVESTMENT CLIMATE POVERTY COAL TARIFF FUEL LOSS OF CONFIDENCE REVENUE PROFIT INVESTMENTS HEAT TARIFF STRUCTURE EXCHANGE RATE RENEWABLE ENERGY PROFITS ELECTRICITY DISTRIBUTION CAPITAL INVESTMENT HEAT SUPPLY COMMODITY PRICES ARREARS SHORT TERM DEBT HEAT GENERATION ENERGY COSTS FUEL COST SMALL BUSINESSES PRICES APPROACH CASH FLOW ENERGY The objective of the study is to: (i) assess the adequacy of the existing heat and electricity tariff levels for achieving financial viability of the energy sector operators; (ii) analyze the distributional implications of energy tariff increases; and (iii) assess the effectiveness of the existing social assistance programs and how to adjust them to mitigate the impact of energy tariff increase on the poor This report presents the key findings and recommendations for the Government of Moldova as well as other energy sector stakeholders. The report starts with a synopsis that summarizes the key findings and recommendations. The main report section starts with an introduction to country context, presents the design of tariff setting methodologies, and assesses the adequacy of tariffs based on constructed scenarios. Thereafter analysis of the distributional impact of projected range of tariff increases and the need to adjust the social assistance programs to mitigate the impact on the poor are presented. The report concludes with recommendations for the government on actions to be implemented on tariff setting methodologies and social assistance as well as areas for further research. Appendices include further background information of the analysis. 2016-01-07T23:20:10Z 2016-01-07T23:20:10Z 2015-10-26 Report http://documents.worldbank.org/curated/en/2015/10/25520355/moldova-district-heating-electricity-tariff-affordability-analysis http://hdl.handle.net/10986/23599 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Energy Study Europe and Central Asia Moldova
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 HOUSEHOLD INCOMES
TARIFFS
REGULATORY FRAMEWORK
ENERGY EFFICIENCY INVESTMENTS
ACCOUNTING
CHECKS
RESIDENTIAL CONSUMERS
VALUATION
ELECTRICITY TARIFF
DISTRICT HEATING
INTEREST
RATE OF RETURN
ACTIVITIES
POWER PRICES
ENERGY EXPENDITURE
GENERATION
INTEREST RATE
EXCHANGE
COST OF ELECTRICITY
GAS PRICES
DISTRICT HEATING SYSTEM
GAS PRICE
ELECTRIC HEATERS
DEVALUATION
LOAN
DISCOUNT
ASSET BASE
GAS
PRICE
EFFICIENCY IMPROVEMENT
VOLTAGE
DISTRIBUTION OF ELECTRICITY
CASH TRANSFER
BENEFICIARIES
INFORMATION SYSTEMS
INFLATION
ELECTRICITY CONSUMPTION
CREDIBILITY
BUDGET
MATURITY
HEAT PRODUCTION
GAS COSTS
HEAT TARIFFS
FINANCIAL SUSTAINABILITY
BENEFICIARY
COGENERATION
OIL
CURRENCY
POWER GENERATION
ENERGY MIX
POWER SECTOR
INCOME GROWTH
ENERGY STRATEGIES
ENERGY SUPPLY
TRANSMISSION GRID
WATER
SOLID FUELS
REGULATORY SYSTEM
MARKETS
EFFICIENCY INVESTMENTS
DEBT
LONG TERM DEBT
HOUSEHOLD INCOME
ELECTRICITY SUPPLY
RETURN
SETTLEMENT
TARIFF DESIGN
PRICE ELASTICITY
LOANS
PRIVATE CAPITAL
CASH TRANSFERS
FUELS
FUEL COSTS
RETURN ON ASSETS
HEATING SYSTEM
PROFIT MARGIN
EXPENDITURE
GOVERNMENT SECURITIES
DEBT LEVELS
DEBT FINANCING
ENERGY CONSUMPTION
EQUITY
TRANSACTION
OPPORTUNITY COST
VALUE OF ASSETS
ASSET VALUE
GOOD
FUNGIBLE
GOVERNMENT BUDGET
HEAT
TRANSPARENCY
COUNTRY RISK
REGULATORY STRUCTURES
FUTURE
UTILITIES
INCOME SHOCKS
SUPPLY OF ELECTRICITY
POWER
ELECTRICITY
BUDGETS
PURCHASING POWER
SAFETY NET
WORKING CAPITAL
ELECTRICITY GENERATION
EXPENDITURES
HOT WATER
ELECTRICITY TARIFFS
CURRENCY DEVALUATION
SHARES
ENERGY BILLS
MARKET
TRANSMISSION SYSTEM
MARKET RISK
NATURAL GAS PRICE
TARIFF LEVELS
SECURITIES
TREASURY
ENERGY EFFICIENCY
NATURAL GAS
LACK OF CREDIBILITY
INVESTOR
HEAT TARIFF
SECURITY
DISTRIBUTION GRID
TRANSMISSION LINE
NATIONAL BANK
INVESTMENT
TARIFF STRUCTURE
BOND
SHARE
ELECTRICITY PRICE
INVESTMENT CLIMATE
POVERTY
COAL
TARIFF
FUEL
LOSS OF CONFIDENCE
REVENUE
PROFIT
INVESTMENTS
HEAT TARIFF STRUCTURE
EXCHANGE RATE
RENEWABLE ENERGY
PROFITS
ELECTRICITY DISTRIBUTION
CAPITAL INVESTMENT
HEAT SUPPLY
COMMODITY PRICES
ARREARS
SHORT TERM DEBT
HEAT GENERATION
ENERGY COSTS
FUEL COST
SMALL BUSINESSES
PRICES
APPROACH
CASH FLOW
ENERGY
spellingShingle HOUSEHOLD INCOMES
TARIFFS
REGULATORY FRAMEWORK
ENERGY EFFICIENCY INVESTMENTS
ACCOUNTING
CHECKS
RESIDENTIAL CONSUMERS
VALUATION
ELECTRICITY TARIFF
DISTRICT HEATING
INTEREST
RATE OF RETURN
ACTIVITIES
POWER PRICES
ENERGY EXPENDITURE
GENERATION
INTEREST RATE
EXCHANGE
COST OF ELECTRICITY
GAS PRICES
DISTRICT HEATING SYSTEM
GAS PRICE
ELECTRIC HEATERS
DEVALUATION
LOAN
DISCOUNT
ASSET BASE
GAS
PRICE
EFFICIENCY IMPROVEMENT
VOLTAGE
DISTRIBUTION OF ELECTRICITY
CASH TRANSFER
BENEFICIARIES
INFORMATION SYSTEMS
INFLATION
ELECTRICITY CONSUMPTION
CREDIBILITY
BUDGET
MATURITY
HEAT PRODUCTION
GAS COSTS
HEAT TARIFFS
FINANCIAL SUSTAINABILITY
BENEFICIARY
COGENERATION
OIL
CURRENCY
POWER GENERATION
ENERGY MIX
POWER SECTOR
INCOME GROWTH
ENERGY STRATEGIES
ENERGY SUPPLY
TRANSMISSION GRID
WATER
SOLID FUELS
REGULATORY SYSTEM
MARKETS
EFFICIENCY INVESTMENTS
DEBT
LONG TERM DEBT
HOUSEHOLD INCOME
ELECTRICITY SUPPLY
RETURN
SETTLEMENT
TARIFF DESIGN
PRICE ELASTICITY
LOANS
PRIVATE CAPITAL
CASH TRANSFERS
FUELS
FUEL COSTS
RETURN ON ASSETS
HEATING SYSTEM
PROFIT MARGIN
EXPENDITURE
GOVERNMENT SECURITIES
DEBT LEVELS
DEBT FINANCING
ENERGY CONSUMPTION
EQUITY
TRANSACTION
OPPORTUNITY COST
VALUE OF ASSETS
ASSET VALUE
GOOD
FUNGIBLE
GOVERNMENT BUDGET
HEAT
TRANSPARENCY
COUNTRY RISK
REGULATORY STRUCTURES
FUTURE
UTILITIES
INCOME SHOCKS
SUPPLY OF ELECTRICITY
POWER
ELECTRICITY
BUDGETS
PURCHASING POWER
SAFETY NET
WORKING CAPITAL
ELECTRICITY GENERATION
EXPENDITURES
HOT WATER
ELECTRICITY TARIFFS
CURRENCY DEVALUATION
SHARES
ENERGY BILLS
MARKET
TRANSMISSION SYSTEM
MARKET RISK
NATURAL GAS PRICE
TARIFF LEVELS
SECURITIES
TREASURY
ENERGY EFFICIENCY
NATURAL GAS
LACK OF CREDIBILITY
INVESTOR
HEAT TARIFF
SECURITY
DISTRIBUTION GRID
TRANSMISSION LINE
NATIONAL BANK
INVESTMENT
TARIFF STRUCTURE
BOND
SHARE
ELECTRICITY PRICE
INVESTMENT CLIMATE
POVERTY
COAL
TARIFF
FUEL
LOSS OF CONFIDENCE
REVENUE
PROFIT
INVESTMENTS
HEAT TARIFF STRUCTURE
EXCHANGE RATE
RENEWABLE ENERGY
PROFITS
ELECTRICITY DISTRIBUTION
CAPITAL INVESTMENT
HEAT SUPPLY
COMMODITY PRICES
ARREARS
SHORT TERM DEBT
HEAT GENERATION
ENERGY COSTS
FUEL COST
SMALL BUSINESSES
PRICES
APPROACH
CASH FLOW
ENERGY
World Bank Group
Republic of Moldova : District Heating and Electricity Tariff and Affordability Analysis
geographic_facet Europe and Central Asia
Moldova
description The objective of the study is to: (i) assess the adequacy of the existing heat and electricity tariff levels for achieving financial viability of the energy sector operators; (ii) analyze the distributional implications of energy tariff increases; and (iii) assess the effectiveness of the existing social assistance programs and how to adjust them to mitigate the impact of energy tariff increase on the poor This report presents the key findings and recommendations for the Government of Moldova as well as other energy sector stakeholders. The report starts with a synopsis that summarizes the key findings and recommendations. The main report section starts with an introduction to country context, presents the design of tariff setting methodologies, and assesses the adequacy of tariffs based on constructed scenarios. Thereafter analysis of the distributional impact of projected range of tariff increases and the need to adjust the social assistance programs to mitigate the impact on the poor are presented. The report concludes with recommendations for the government on actions to be implemented on tariff setting methodologies and social assistance as well as areas for further research. Appendices include further background information of the analysis.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Republic of Moldova : District Heating and Electricity Tariff and Affordability Analysis
title_short Republic of Moldova : District Heating and Electricity Tariff and Affordability Analysis
title_full Republic of Moldova : District Heating and Electricity Tariff and Affordability Analysis
title_fullStr Republic of Moldova : District Heating and Electricity Tariff and Affordability Analysis
title_full_unstemmed Republic of Moldova : District Heating and Electricity Tariff and Affordability Analysis
title_sort republic of moldova : district heating and electricity tariff and affordability analysis
publisher World Bank, Washington, DC
publishDate 2016
url http://documents.worldbank.org/curated/en/2015/10/25520355/moldova-district-heating-electricity-tariff-affordability-analysis
http://hdl.handle.net/10986/23599
_version_ 1764454290046320640