International Experience with Private Sector Participation in Power Grids : Peru Case Study
This case study is part of an analytical effort aimed at advising World Bank staff and country clients on options for private sector participation (PSP) in transmission and distribution. The report is based on data collected on the Peruvian case, t...
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| Format: | Report |
| Language: | English en_US |
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World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2015/12/25666043/international-experience-private-sector-participation-power-grids-peru-case-study http://hdl.handle.net/10986/23616 |
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okr-10986-23616 |
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oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
| language |
English en_US |
| topic |
AUCTION TARIFFS HOLDING COMPANY AUCTION SYSTEM SPOT PRICE TRANSMISSION CAPACITY PUBLIC UTILITIES POWER PLANTS ECONOMIC GROWTH TRANSMISSION ASSETS PRIVATE SECTOR PARTICIPATION PAYMENT OBLIGATIONS ELECTRICITY TARIFF PUBLIC SECTOR ACTIVITIES GENERATION DEMAND FOR POWER EMISSIONS PUBLIC SERVICES POWER SYSTEM POWER GRIDS ENVIRONMENTAL ISSUES INCENTIVES PUBLIC POWER DISTRIBUTION ASSETS GAS WHOLESALE MARKET PUBLIC ASSETS PRICE VOLTAGE RETAIL CONSUMERS PUBLIC BIDDING ELECTRICITY GENERATION DISTRIBUTION OF ELECTRICITY TRANSMISSION SYSTEM TRANSMISSION FACILITIES SINGLE CONCESSION ELECTRICITY TARIFF POWER SYSTEM CONSUMPTION OF POWER CONCESSIONAIRES ELECTRICITY CONSUMPTION OPEN ACCESS GENERATORS SOURCE OF ELECTRICITY REGIONAL UTILITIES TRANSPARENT BIDDING CONCESSION PRESENT VALUE POWER INVESTMENTS OIL POWER SYSTEMS TRANSMISSION FACILITIES POWER GENERATION ELECTRICITY TARIFFS SUSTAINABLE ENERGY POWER SECTOR GAS DEVELOPMENT CONTRACTS ENERGY SUPPLY TRANSMISSION GRID ELECTRIFICATION OPTIONS WATER ENERGY RESOURCES POWER SECTOR CONCESSION CONTRACTS DISTRIBUTION FACILITIES GENERATION ASSETS DIVESTITURE DISTRIBUTION LOSSES ELECTRICITY SUPPLY LOCATIONAL MARGINAL PRICES FUEL PRICES ENERGY AUCTIONS CUSTOMER SERVICE MARKET RULES CONCESSION AREAS SAFE SUPPLY OWNERSHIP OF GENERATION CAPACITY CHARGES PUBLIC UTILITIES DISPATCH OF GENERATION PUBLIC INVESTMENT CARBON EMISSIONS INFRASTRUCTURE PRIVATIZATION PROCESS AUCTIONS ENERGY CONSUMPTION TRANSMISSION LINES TRANSMISSION PRICING ECONOMIC COSTS ECONOMIC PERFORMANCE GENERATING CAPACITY ELECTRIC POWER BALANCE TRANSMISSION SYSTEMS BIDDING PROCESS MARKET PRICES UTILITIES SUPPLY OF ELECTRICITY POWER ELECTRICITY CONCESSIONS FOREIGN INVESTMENT ENERGY SUPPLY HYDROPOWER MARGINAL COSTS ELECTRICITY GENERATION RURAL ELECTRIFICATION ELECTRICITY TARIFFS FUEL PRICES DISTRIBUTION COMPANIES SUPPLY CONTRACTS REPLACEMENT VALUE PUBLIC BIDDING PROCESS NATURAL MONOPOLY TRANSMISSION SYSTEM TRANSMISSION LOSSES FOREIGN EXCHANGE ENERGY PRICES GENERATING CAPACITY HYDROPOWER PLANT ENERGY PRODUCTION POWER GENERATION DEMAND FOR POWER ENERGY EFFICIENCY ELECTRICITY PRICES ACCESS TO ELECTRICITY ELECTRICITY MARKET POWER CONCESSIONS ENERGY LOSSES NATURAL GAS ENERGY PRODUCTION DISTRIBUTION GRID INVESTMENT LOWER PRICES CONTRACT MARKET ECONOMIC CRISIS ELECTRICITY CONSUMERS TARIFF ELECTRICITY SUPPLY POWER SECTOR REFORM FUEL INVESTMENT REQUIREMENTS POWER SECTOR PLANNING AVAILABILITY FACILITIES RURAL ELECTRIFICATION INVESTMENTS HORIZONTAL CONCENTRATION POWER GRIDS RENEWABLE ENERGY PRICE CONTROLS COMPETITIVE BIDDING ELECTRICITY PRODUCTION POWER FLOWS ELECTRIC POWER SYSTEMS PUBLIC MONOPOLIES ENERGY COSTS ELECTRIC POWER SYSTEMS TRANSMISSION LINES PRICES APPROACH POWER PLANT ENERGY |
| spellingShingle |
AUCTION TARIFFS HOLDING COMPANY AUCTION SYSTEM SPOT PRICE TRANSMISSION CAPACITY PUBLIC UTILITIES POWER PLANTS ECONOMIC GROWTH TRANSMISSION ASSETS PRIVATE SECTOR PARTICIPATION PAYMENT OBLIGATIONS ELECTRICITY TARIFF PUBLIC SECTOR ACTIVITIES GENERATION DEMAND FOR POWER EMISSIONS PUBLIC SERVICES POWER SYSTEM POWER GRIDS ENVIRONMENTAL ISSUES INCENTIVES PUBLIC POWER DISTRIBUTION ASSETS GAS WHOLESALE MARKET PUBLIC ASSETS PRICE VOLTAGE RETAIL CONSUMERS PUBLIC BIDDING ELECTRICITY GENERATION DISTRIBUTION OF ELECTRICITY TRANSMISSION SYSTEM TRANSMISSION FACILITIES SINGLE CONCESSION ELECTRICITY TARIFF POWER SYSTEM CONSUMPTION OF POWER CONCESSIONAIRES ELECTRICITY CONSUMPTION OPEN ACCESS GENERATORS SOURCE OF ELECTRICITY REGIONAL UTILITIES TRANSPARENT BIDDING CONCESSION PRESENT VALUE POWER INVESTMENTS OIL POWER SYSTEMS TRANSMISSION FACILITIES POWER GENERATION ELECTRICITY TARIFFS SUSTAINABLE ENERGY POWER SECTOR GAS DEVELOPMENT CONTRACTS ENERGY SUPPLY TRANSMISSION GRID ELECTRIFICATION OPTIONS WATER ENERGY RESOURCES POWER SECTOR CONCESSION CONTRACTS DISTRIBUTION FACILITIES GENERATION ASSETS DIVESTITURE DISTRIBUTION LOSSES ELECTRICITY SUPPLY LOCATIONAL MARGINAL PRICES FUEL PRICES ENERGY AUCTIONS CUSTOMER SERVICE MARKET RULES CONCESSION AREAS SAFE SUPPLY OWNERSHIP OF GENERATION CAPACITY CHARGES PUBLIC UTILITIES DISPATCH OF GENERATION PUBLIC INVESTMENT CARBON EMISSIONS INFRASTRUCTURE PRIVATIZATION PROCESS AUCTIONS ENERGY CONSUMPTION TRANSMISSION LINES TRANSMISSION PRICING ECONOMIC COSTS ECONOMIC PERFORMANCE GENERATING CAPACITY ELECTRIC POWER BALANCE TRANSMISSION SYSTEMS BIDDING PROCESS MARKET PRICES UTILITIES SUPPLY OF ELECTRICITY POWER ELECTRICITY CONCESSIONS FOREIGN INVESTMENT ENERGY SUPPLY HYDROPOWER MARGINAL COSTS ELECTRICITY GENERATION RURAL ELECTRIFICATION ELECTRICITY TARIFFS FUEL PRICES DISTRIBUTION COMPANIES SUPPLY CONTRACTS REPLACEMENT VALUE PUBLIC BIDDING PROCESS NATURAL MONOPOLY TRANSMISSION SYSTEM TRANSMISSION LOSSES FOREIGN EXCHANGE ENERGY PRICES GENERATING CAPACITY HYDROPOWER PLANT ENERGY PRODUCTION POWER GENERATION DEMAND FOR POWER ENERGY EFFICIENCY ELECTRICITY PRICES ACCESS TO ELECTRICITY ELECTRICITY MARKET POWER CONCESSIONS ENERGY LOSSES NATURAL GAS ENERGY PRODUCTION DISTRIBUTION GRID INVESTMENT LOWER PRICES CONTRACT MARKET ECONOMIC CRISIS ELECTRICITY CONSUMERS TARIFF ELECTRICITY SUPPLY POWER SECTOR REFORM FUEL INVESTMENT REQUIREMENTS POWER SECTOR PLANNING AVAILABILITY FACILITIES RURAL ELECTRIFICATION INVESTMENTS HORIZONTAL CONCENTRATION POWER GRIDS RENEWABLE ENERGY PRICE CONTROLS COMPETITIVE BIDDING ELECTRICITY PRODUCTION POWER FLOWS ELECTRIC POWER SYSTEMS PUBLIC MONOPOLIES ENERGY COSTS ELECTRIC POWER SYSTEMS TRANSMISSION LINES PRICES APPROACH POWER PLANT ENERGY World Bank Group International Experience with Private Sector Participation in Power Grids : Peru Case Study |
| geographic_facet |
Peru |
| description |
This case study is part of an analytical
effort aimed at advising World Bank staff and country
clients on options for private sector participation (PSP) in
transmission and distribution. The report is based on data
collected on the Peruvian case, the review of literature, as
well as on a set of interviews held with power sector
agencies, including the regulator and system operator, power
sector companies and experts in the field. The problems of
the power sector were linked to its structure, a legal
framework that guaranteed a public monopoly and the use on
subsidies as a political tool to redistribute income and
control inflation. The crisis justified measures in line
with a thorough neoliberal economic reform that was
underway. This reform included the reduction of an oversized
public sector and the unbundling and privatization of the
power sector. The privatization of transmission was
justified on the grounds of attracting fresh capital and
achieving greater efficiency. PSP in distribution was
justified on the same grounds, plus another important
factor, it was seen also as a way to prevent or minimize
government interference on the day‐to‐day operations of
utilities and, most important, to avoid the politicization
of electricity tariffs. |
| format |
Report |
| author |
World Bank Group |
| author_facet |
World Bank Group |
| author_sort |
World Bank Group |
| title |
International Experience with Private Sector Participation in Power Grids : Peru Case Study |
| title_short |
International Experience with Private Sector Participation in Power Grids : Peru Case Study |
| title_full |
International Experience with Private Sector Participation in Power Grids : Peru Case Study |
| title_fullStr |
International Experience with Private Sector Participation in Power Grids : Peru Case Study |
| title_full_unstemmed |
International Experience with Private Sector Participation in Power Grids : Peru Case Study |
| title_sort |
international experience with private sector participation in power grids : peru case study |
| publisher |
World Bank, Washington, DC |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/2015/12/25666043/international-experience-private-sector-participation-power-grids-peru-case-study http://hdl.handle.net/10986/23616 |
| _version_ |
1764454245796413440 |
| spelling |
okr-10986-236162021-04-23T14:04:15Z International Experience with Private Sector Participation in Power Grids : Peru Case Study World Bank Group AUCTION TARIFFS HOLDING COMPANY AUCTION SYSTEM SPOT PRICE TRANSMISSION CAPACITY PUBLIC UTILITIES POWER PLANTS ECONOMIC GROWTH TRANSMISSION ASSETS PRIVATE SECTOR PARTICIPATION PAYMENT OBLIGATIONS ELECTRICITY TARIFF PUBLIC SECTOR ACTIVITIES GENERATION DEMAND FOR POWER EMISSIONS PUBLIC SERVICES POWER SYSTEM POWER GRIDS ENVIRONMENTAL ISSUES INCENTIVES PUBLIC POWER DISTRIBUTION ASSETS GAS WHOLESALE MARKET PUBLIC ASSETS PRICE VOLTAGE RETAIL CONSUMERS PUBLIC BIDDING ELECTRICITY GENERATION DISTRIBUTION OF ELECTRICITY TRANSMISSION SYSTEM TRANSMISSION FACILITIES SINGLE CONCESSION ELECTRICITY TARIFF POWER SYSTEM CONSUMPTION OF POWER CONCESSIONAIRES ELECTRICITY CONSUMPTION OPEN ACCESS GENERATORS SOURCE OF ELECTRICITY REGIONAL UTILITIES TRANSPARENT BIDDING CONCESSION PRESENT VALUE POWER INVESTMENTS OIL POWER SYSTEMS TRANSMISSION FACILITIES POWER GENERATION ELECTRICITY TARIFFS SUSTAINABLE ENERGY POWER SECTOR GAS DEVELOPMENT CONTRACTS ENERGY SUPPLY TRANSMISSION GRID ELECTRIFICATION OPTIONS WATER ENERGY RESOURCES POWER SECTOR CONCESSION CONTRACTS DISTRIBUTION FACILITIES GENERATION ASSETS DIVESTITURE DISTRIBUTION LOSSES ELECTRICITY SUPPLY LOCATIONAL MARGINAL PRICES FUEL PRICES ENERGY AUCTIONS CUSTOMER SERVICE MARKET RULES CONCESSION AREAS SAFE SUPPLY OWNERSHIP OF GENERATION CAPACITY CHARGES PUBLIC UTILITIES DISPATCH OF GENERATION PUBLIC INVESTMENT CARBON EMISSIONS INFRASTRUCTURE PRIVATIZATION PROCESS AUCTIONS ENERGY CONSUMPTION TRANSMISSION LINES TRANSMISSION PRICING ECONOMIC COSTS ECONOMIC PERFORMANCE GENERATING CAPACITY ELECTRIC POWER BALANCE TRANSMISSION SYSTEMS BIDDING PROCESS MARKET PRICES UTILITIES SUPPLY OF ELECTRICITY POWER ELECTRICITY CONCESSIONS FOREIGN INVESTMENT ENERGY SUPPLY HYDROPOWER MARGINAL COSTS ELECTRICITY GENERATION RURAL ELECTRIFICATION ELECTRICITY TARIFFS FUEL PRICES DISTRIBUTION COMPANIES SUPPLY CONTRACTS REPLACEMENT VALUE PUBLIC BIDDING PROCESS NATURAL MONOPOLY TRANSMISSION SYSTEM TRANSMISSION LOSSES FOREIGN EXCHANGE ENERGY PRICES GENERATING CAPACITY HYDROPOWER PLANT ENERGY PRODUCTION POWER GENERATION DEMAND FOR POWER ENERGY EFFICIENCY ELECTRICITY PRICES ACCESS TO ELECTRICITY ELECTRICITY MARKET POWER CONCESSIONS ENERGY LOSSES NATURAL GAS ENERGY PRODUCTION DISTRIBUTION GRID INVESTMENT LOWER PRICES CONTRACT MARKET ECONOMIC CRISIS ELECTRICITY CONSUMERS TARIFF ELECTRICITY SUPPLY POWER SECTOR REFORM FUEL INVESTMENT REQUIREMENTS POWER SECTOR PLANNING AVAILABILITY FACILITIES RURAL ELECTRIFICATION INVESTMENTS HORIZONTAL CONCENTRATION POWER GRIDS RENEWABLE ENERGY PRICE CONTROLS COMPETITIVE BIDDING ELECTRICITY PRODUCTION POWER FLOWS ELECTRIC POWER SYSTEMS PUBLIC MONOPOLIES ENERGY COSTS ELECTRIC POWER SYSTEMS TRANSMISSION LINES PRICES APPROACH POWER PLANT ENERGY This case study is part of an analytical effort aimed at advising World Bank staff and country clients on options for private sector participation (PSP) in transmission and distribution. The report is based on data collected on the Peruvian case, the review of literature, as well as on a set of interviews held with power sector agencies, including the regulator and system operator, power sector companies and experts in the field. The problems of the power sector were linked to its structure, a legal framework that guaranteed a public monopoly and the use on subsidies as a political tool to redistribute income and control inflation. The crisis justified measures in line with a thorough neoliberal economic reform that was underway. This reform included the reduction of an oversized public sector and the unbundling and privatization of the power sector. The privatization of transmission was justified on the grounds of attracting fresh capital and achieving greater efficiency. PSP in distribution was justified on the same grounds, plus another important factor, it was seen also as a way to prevent or minimize government interference on the day‐to‐day operations of utilities and, most important, to avoid the politicization of electricity tariffs. 2016-01-12T19:30:25Z 2016-01-12T19:30:25Z 2012-01 Report http://documents.worldbank.org/curated/en/2015/12/25666043/international-experience-private-sector-participation-power-grids-peru-case-study http://hdl.handle.net/10986/23616 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 :: Energy Study Economic & Sector Work Peru |