Electricity pricing: theory and case studies
The book focuses on the importance of adopting correct power-pricing policies to maximize the net economic benefits of electricity consumption to society. It reports on the progress of the pricing reform program in the electric power sector that is underway in the developing world with the active encouragement of the World Bank. A valuable contribution to this effort was the book Electricity Economics by Turvey and Anderson, which helped stimulate an awareness of the importance of reflecting long-run marginal economic costs in pricing power in developing countries. The further stimulus of rapidly increasing electricity costs has caused this approach to be better understood by power authorities in the third world than in many industrialized countries. More specifically, the Bank's involvement in electric power project and sector work in the developing countries and the continuing exchange of information on pricing issues with utility companies have resulted in the synthesis and practical application of the pricing principles described in the book.
- Research Organization:
- International Bank for Reconstruction and Development, Washington, DC (USA)
- OSTI ID:
- 6221911
- Report Number(s):
- PB-86-105749/XAB
- Country of Publication:
- United States
- Language:
- English
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