Main trends in electricity markets
Liberalization and restructuring of electricity markets are leading to a globalization of the industry. The electricity sector is moving from state dominance to private participation, from monopoly structures to competition. Greenfield investments in generation capacity are increasingly dominated by private operators; 53% of the 780 GW global capacity additions needed by 2007 will be independent power facilities. Existing power generation assets are changing hands, either through privatization or utility divestitures; 250 GW of capacity is expected to be privatized by 2007 and 310 GW of utility spin-offs are anticipated in the US. The structure of the industry will evolve from fragmentation, with many players operating in national markets, to a few global players operating across borders.
- Research Organization:
- Hagler Bailly Consulting (FR)
- OSTI ID:
- 20018779
- Report Number(s):
- CONF-9806214-; TRN: US0001978
- Resource Relation:
- Conference: Power-Gen Europe'98, Milan (IT), 06/09/1998--06/11/1998; Other Information: 1 CD-ROM. Operating Systems: Windows 3.1, '95, '98 and NT; Macintosh; and UNIX; PBD: [1998]; Related Information: In: Power-gen Europe'98, [2400] pages.
- Country of Publication:
- United States
- Language:
- English
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