Banking on energy development

Journal Article · Wed Dec 01 04:00:00 EST 1982 · EPRI J.; (United States)

OSTI ID:6605227

Hollander, E

The World Bank sponsors energy development loans to developing countries in order to improve their productivity and raise their living standards. Nearly half of the 44 new energy projects approved for 1982 involve electric power. Priority goes to projects that will improve generation, transmission, and distribution, but future goals will be to improve efficiency and reduce losses at power plants. The six-stage project selection cycle of identification, preparation, appraisal, negotiation and approval, implementation and supervision, and post-project evaluation averages about 11 years. Available funds have declined relative to project requests over the years until the Bank is now able to contribute only about 5% of a developing country's electric power needs instead of 30%. (DCK)

• Research Organization: EPRI, Washington, DC
• OSTI ID: 6605227
• Journal Information: EPRI J.; (United States), Journal Name: EPRI J.; (United States) Vol. 7:10; ISSN EPRJD
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
296000* -- Energy Planning & Policy-- Electric Power
DEVELOPING COUNTRIES
ELECTRIC POWER
ENERGY SOURCE DEVELOPMENT
FINANCIAL ASSISTANCE
FINANCIAL INCENTIVES
FINANCING
POWER