The new power paradigm

Journal Article · Sun Jan 01 04:00:00 EST 1995 · Independent Energy

OSTI ID:68052

Burr, M T

The coming year holds great promise for advancing the principles of competitive power worldwide. Successful private power development strategies will address the regulatory, institutional and cultural challenges of evolving markets. There are unprecedented political and economic changes occuring globally. The impact of the collapse of the Berlin Wall is rippling its way through developing countries as a new development paradigm emerges with great emphasis on the private sector and the role of market forces. Reform is, however, a political process and the key issue over the next cuple of years is whether or not developing country reforms in the power sector are going to be sustainable. In the year ahead, Asia, especially India and China, continue to offer the most potential for private power. Latin America and Europe follow closely as new markets expand in the southern hemisphere and Europe moves out of its recession and toward privitazation.

• OSTI ID: 68052
• Journal Information: Independent Energy, Journal Name: Independent Energy Journal Issue: 1 Vol. 25; ISSN 1043-7320; ISSN IDPEEW
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
ASIA
COMMERCIALIZATION
COMPETITION
DEVELOPING COUNTRIES
ECONOMIC ANALYSIS
ELECTRIC POWER INDUSTRY
EUROPE
GLOBAL ASPECTS
LATIN AMERICA