Regulatory treatment of foreign investments by US electric utilities

Journal Article · Fri Nov 01 04:00:00 EST 1996 · NRRI Quarterly Bulletin

OSTI ID:381172

Harunuzzaman, M; Jennings, E

Foreign activities of U.S. electric utilities are on the rise, stimulated by increasing privatization of utility systems by many countries. Of the 550 gigawatts of electrical capacity scheduled to be built in 1993-2002, about 82.9 percent will be in countries of Asia, Europe, Africa, and Latin America. According to a World Bank estimate, developing countries will spend as much as $745 billion on electric power systems, of which about $248 billion, or one-third, may be purchased from U.S. utilities. The degree of U.S. penetration in foreign electricity markets is exemplified by the recent privatization of a government-owned electric power plant in Venezuela. All of the five companies prequalified to buy the 2,000 megawatt (MW) Planta Centro facility are U.S. companies and four of them are affiliates of U.S. utilities.

• OSTI ID: 381172
• Journal Information: NRRI Quarterly Bulletin, Journal Name: NRRI Quarterly Bulletin Journal Issue: 1 Vol. 17; ISSN NQBUEK; ISSN 8756-632X
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
DEVELOPING COUNTRIES
ECONOMIC ANALYSIS
ELECTRIC UTILITIES
FINANCIAL DATA
INVESTMENT
POWER PLANTS