Integrated framework for energy pricing in developing countries

Journal Article · Tue Jul 01 04:00:00 EDT 1980 · Energy J.; (United States)

DOI:https://doi.org/10.5547/ISSN0195-6574-EJ-Vol1-No3-1· OSTI ID:6883864

Munasinghe, M

The interrelationships of energy subsectors and prices are examined to demonstrate the importance of coordinating energy planning and prices, particularly in developing countries where market distortions are often highest, investment funds are limited, and the population is poor. The framework developed can be adapted for nonconventional as well as conventional energy sources. Clearly stated national objectives and a way to trade off contradictory goals are incorporated into a framework of integrated energy pricing. A shadow-priced marginal opporunity cost of each subsector is determined, and the efficient price is adjusted in accordance with social and economic constraints. 7 figures, 15 references. (DCK)

• Research Organization: Energy Dept., The World Bank, Washington, DC
• OSTI ID: 6883864
• Journal Information: Energy J.; (United States), Journal Name: Energy J.; (United States) Vol. 1:3; ISSN ENJOD
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200* -- Energy Planning & Policy-- Economics & Sociology
292000 -- Energy Planning & Policy-- Supply
Demand & Forecasting
DEVELOPING COUNTRIES
ECONOMIC ANALYSIS
ECONOMICS
ENERGY SUPPLIES
FINANCIAL INCENTIVES
INSTITUTIONAL FACTORS
PLANNING
PRICES
SOCIO-ECONOMIC FACTORS
SUBSIDIES