30 results on '"POWER CRISIS"'
Search Results
2. Modeling the hourly consumption of electricity during period of power crisis
- Author
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Samuel Asante Gyamerah, Henry Ofoe Agbi-Kaiser, Keziah Ewura Adjoa Amankwah, Patience Anipa, and Bright Arafat Bello
- Subjects
energy consumption ,regime switching model ,power crisis ,energy sustainability ,Energy industries. Energy policy. Fuel trade ,HD9502-9502.5 ,Energy conservation ,TJ163.26-163.5 ,Renewable energy sources ,TJ807-830 ,Environmental technology. Sanitary engineering ,TD1-1066 - Abstract
In this paper, we capture the dynamic behavior of hourly consumption of electricity during the period of power crisis ("dumsor'' period) in Ghana using two-state Markov switching autoregressive (MS-AR) and autoregressive (AR) models. Hourly data between the periods of January 1, 2014 and December 31, 2014 was obtained from the Ghana Grid company and used for the study. Using different information criteria, the MS(2)-AR(4) is selected as the optimal model to describe the dynamic behavior of electricity consumption during periods of power crisis in Ghana. The parameters of the MS(2)-AR(4) model are then estimated using the expectation-maximization algorithm. From the results, the likelihood of staying under a low electricity consumption regime is estimated to be 87%. The expected duration for a low electricity consumption regime is 7.8 hours, and the high electricity consumption regime is expected to last 2.3 hours before switching to the low demand regime. The proposed model is robust as compared to the autoregressive model because it effectively captures the dynamics of electricity demand over time through the peaks and significant fluctuations in consumption patterns. Similarly, the model can identify distinct regime changes linked to electricity consumption during periods of power crises.
- Published
- 2023
- Full Text
- View/download PDF
3. Determinants of electricity demand in Ghana: the role of power crises
- Author
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Frank Adusah-Poku, John Bosco Dramani, and Kwame Adjei-Mantey
- Subjects
ghana ,electricity ,demand ,power crisis ,ardl bounds cointegration ,Renewable energy sources ,TJ807-830 - Abstract
The crucial role of electricity in prosecuting the development agenda of economies is widely known. Yet some key variables are lacking in the assessment of electricity demand determinants. One such variable is power crises. This study re-visits the discussion by investigating the role of power crises on electricity demand. We employ data from 1980 to 2018 to examine how power crises in general and in particular the 2012–2015 severe power crisis in Ghana impacts electricity consumption. Using various econometric techniques, we find that power crises have adverse effects on electricity demand in the long run. The 2012–2015 episode of power crisis in particular, has potentially led to consumers reconsidering their sources of energy by reducing electricity demand in the long term.
- Published
- 2022
- Full Text
- View/download PDF
4. Oxymoronic Legalism in the Ghanaian Supreme Court? Case Comment on Attorney-General V Faroe Atlantic Co Ltd.
- Author
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Richard Obeng Mensah
- Subjects
ghana ,ppa ,investment dispute ,interpretation ,illegal contract ,power crisis ,power sector investment ,Social Sciences - Abstract
In 2005, the Supreme Court of Ghana in Attorney-General v Faroe Atlantic Co Ltd rendered its decision on the interpretation of Article 181(5) of the 1992 Constitution. The Court’s decision influenced its subsequent decisions in 2011 and 2012 on the scope and application of Article 181(5). This Case Comment reveals that the Court’s interpretation in relation to the PPA in question was oxymoronic in that it simultaneously held the PPA as both valid and void. The author argues that the Court would have rendered a clearer and fairer decision if it had wholly interpreted Article 181. Its partial interpretation, needless bureaucratic judicial process, and the Government’s lack of due diligence are disincentives to private investment in Ghana’s power sector.
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- 2021
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- View/download PDF
5. ERDÉLY „BUKÁSA”: A lengyelországi hadjárat és következményei: hatalmi válság a fejedelemségben (1657–1658).
- Author
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JÁNOS, B. SZABÓ
- Subjects
VETERANS' benefits ,SALT mining ,MILITARY assistance ,ARMED Forces ,ARMIES ,ROYAL weddings - Abstract
George II Rákóczi entered the Polish- Swedish conflict, which began in 1655, in January 1657 at the request of the Swedes. In return for military assistance in Transylvania, he wanted the Polish royal title, the seats of the Polish kings, Krakow and Warsaw, and the rich salt mines. In return, he offered the King of Sweden not only the armed forces of his own principality, but the alliance of the Cossack hetman Khmelnytsky and the arms of the Cossacks, as well as his diplomatic network, the favours of Turkish Porte and the Crimean Tatar Khan. Rákóczi set out with an army of 18,000 men, and was initially successful, but was eventually defeated. On 22 July 1657, George II Rákóczi asked for peace at Czarny Ostrów from the commanders of the Polish army pursuing him. The Poles imposed more than humiliating conditions: in addition to the justifiable political and military conditions, Rákóczi was obliged to pay 1,200,000 Polish gold pieces as military compensation. A large part of the Transylvanian army was captured by the Crimean Tatars, and the return of the prince to Transylvania was greeted by a nationwide uproar. The Porte ordered his dismissal, and first Francisc Rhédey and then Ákos Barcsay were appointed in his place. Rákóczi did not want to resign but chose armed resistance against the Turkish-Tatar armies invading Transylvania. The years 1657-1658 marked the beginning of a period of power crisis, which would not end until 1660, resulting in severe devastation and territorial loss. [ABSTRACT FROM AUTHOR]
- Published
- 2022
6. Improving Power Grid Resilience Under Extreme Weather Conditions With Proper Regulation and Management of DERs—Experiences Learned From the 2021 Texas Power Crisis
- Author
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Weiqi Pan and Yang Li
- Subjects
grid resilience ,extreme weather ,power crisis ,DERs ,regulation and management ,General Works - Abstract
Due to climate change in the past few decades, extreme weather conditions have become more frequent and caused power outages with enormous damage to the well-being and the economy. Affected by extremely cold weather, the 2021 Texas power crisis deployed the most significant firm load shedding in US history, costing the economy $10 billion to $20 billion via direct and indirect loss. The North American Electric Reliability Organization (NERC), Federal Energy Commission (FERC), and other literature studies conducted post-event analysis from the perspective of conventional power systems’ planning and operation, and little discussion was made on the distributed energy resources (DERs). Based on the actual data on the 2021 Texas power crisis, this study analyzed the role of DERs in this event and showed the importance of effective regulation and management in improving power grid resilience under such extreme weather conditions.
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- 2022
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7. Macro, meso, and micro decomposition of energy consumption in Ghana: Role of shocks (local and global) and energy policy interventions.
- Author
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Adom, Philip Kofi, Botwe-Koomson, Goodsgood Kofi, and Ohemeng, William
- Abstract
This study conducted a macro, meso, and micro index decomposition analysis of energy consumption in Ghana from 2013 to 2020, highlighting the roles of local (e.g., power crisis) and global (e.g., COVID-19) shocks, as well as energy policy initiatives on technical efficiency improvement. We found that technical efficiency improvements varied at different times of the implementation period of energy policy initiatives and across various macro, meso, and micro-sectors of the economy. Technical efficiency improvement varied significantly across these sectors but worsened much more in service sector during periods of local and global shocks. Additionally, the importance of activity, structural, and intensity effects differed over time and across the macro, meso, and micro-sectors of the economy. We discuss the policy implications of these findings. • Conducts macro, meso, and micro energy consumption decomposition. • Role of power crisis, COVID-19, and energy policies. • Revealed distinct effect patterns and impacts of shocks. • Power crisis and COVID-19 cause persistent technical inefficiency in some sectors. • TE aligns with energy policy initiatives, though some sectors experience lag effects. [ABSTRACT FROM AUTHOR]
- Published
- 2024
- Full Text
- View/download PDF
8. Determinants of electricity demand in Ghana: the role of power crises.
- Author
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Adusah-Poku, Frank, Dramani, John Bosco, and Adjei-Mantey, Kwame
- Subjects
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ELECTRIC power consumption , *CRISES , *ECONOMIES of agglomeration , *CONSUMERS - Abstract
The crucial role of electricity in prosecuting the development agenda of economies is widely known. Yet some key variables are lacking in the assessment of electricity demand determinants. One such variable is power crises. This study re-visits the discussion by investigating the role of power crises on electricity demand. We employ data from 1980 to 2018 to examine how power crises in general and in particular the 2012–2015 severe power crisis in Ghana impacts electricity consumption. Using various econometric techniques, we find that power crises have adverse effects on electricity demand in the long run. The 2012–2015 episode of power crisis in particular, has potentially led to consumers reconsidering their sources of energy by reducing electricity demand in the long term. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
9. Microscopic techniques for characterization and authentication of oil‐yielding seeds.
- Author
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Aziz, Aqsa, Ahmad, Mushtaq, Ullah, Riaz, Bari, Ahmed, Khan, Muhammad Yahya, Zafar, Muhammad, Sultana, Shazia, Rozina, Ameen, Maria, and Anar, Maryam
- Abstract
Investigation of alternative energy sources is need of current time due to growing power crisis and associated environmental issues. Biodiesel is considered as sustainable power source and promising alternative to fossil fuels. Therefore, our current investigation aimed to identify micromorphological characters of 10 novel nonedible oil‐yielding seeds through scanning electron microscopy. It was revealed from light microscopic study that there is variation in seed size from 3 to 15 mm in length and 2 to 11 mm in width. Likewise, a huge variation in color was observed such as light green, greenish yellow, blackish brown, and various shades of brown. Presence and absence of Hilum was observed, and compression of seeds varied from depressed, lateral, and dorsoventral. Seed's shape differs from ovate, clavate, triangular ovate, cuneiform, ovoid, and elliptical shape. Seed oil content fall in range of 18–58% (wt/wt). Free fatty acid content of the seeds varies from 0.3 to 3.1 mg KOH/g. Ultrastructure of seeds exhibited huge variation in shape, size, periclinal wall, anticlinal wall, and surface ornamentation. Nonedible seeds varied in wall structure from angular, wavy, dentate entire, irregular, puzzled, elongated, even, and polygonal. The periclinal wall arrangements show alteration from flat, looped, raised, depressed, lofty, even, pentagonal, polygonal, and undulate seed margins. Outcomes of this investigation recommended that scanning electron microscopy could act as a helpful tool in disclosing the hidden micromorphological characters among nonedible oil‐yielding seeds and subsequently helping in correct, authentic seed identification and classification as potential feedstock for biodiesel. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
10. China Pakistan Economic Corridor Energy Projects in Light of Sustainable Development
- Author
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Inzamam Aziz, Safdar Raza, Muhammad Kamran Liaquat Bhatti, Sadaqat Ali, and Waqar Tahir
- Subjects
china-pakistan economic corridor ,one belt and one road ,power crisis ,energy policy pakistan ,environmental impacts of cpec ,sustainable development ,Technology - Abstract
Energy sector of Pakistan has never been up to the demand of the country due to inappropriate energy management policies. The shortfall has been reaching to a nominal level of 4500 MW for more than 10 years. The economy of Pakistan has been dramatically affected and resulted in the shutdown of many industrial units. To manage this shortfall, electric supply companies had solely concerned the consumer end. Energy domain of Pakistan has confronted a rapid change by the mega-investment of more than 60 billion USD under the game-changing project of China-Pakistan Economic Corridor (CPEC). This project will boost the energy sector as half of the total capital of this project has been disbursed for the mitigation of shortfall and power crisis. The project has been started for the interests of both economies of both countries China and Pakistan. This research focused on the causes of the power crisis in Pakistan and how CPEC will boost of the energy sector and how our environment will be affected by these energy projects. And policies have been discussed for efficient policy-making in generation with the lowest environmental impacts and contributing towards making this Development more sustainable and acceptable.
- Published
- 2020
11. Projecting impact of CPEC on Pakistan's electric power crisis.
- Author
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Iqbal, Sumera, Chu, Jianxun, and Hali, Shafei Moiz
- Subjects
ELECTRIC power ,ENERGY policy ,ELECTRIC power distribution ,POLICY analysis - Abstract
The commencement of China–Pakistan Economic Corridor has led to the appreciation of Pakistan's economic outlook from 5.4% to 5.8% by the World Bank. The upgraded outlook is a welcome sign but it is still trivial, essentially attributable to the electric power crisis, which approximately trims 2% of Pakistan's economic growth annually. Almost 60% of the CPEC (China–Pakistan Economic Corridor) funds are directed at Pakistan's energy sector, hence, demanding careful attention of both researchers and policy analysts alike. The study is based upon a meta-analytic review of literature concerning CPEC and Pakistan's energy sector. The results of the study demonstrate that CPEC is an easing agent for Pakistan's energy crisis (82.30%). The results also highlight points of concern, including inadequate planning (47%), dilapidated electricity distribution system causing losses (64.7%), and an unsustainable energy mix (64.7%). The study further validates the findings via Spearman's Rho-Correlation. The rρ value for the possible "resolution of Pakistan's energy crisis" is 0.5426 achieving a significance level of 98% and a corresponding p-value of 0.0252. The significant negative rρ value attained is −0.4894 which establishes the fact that lack of planning can hinder the energy crisis resolution. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
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12. Simulation of operational reliability of thermal power plants during a power crisis: Are we underestimating power shortage risk?
- Author
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Yuyama, Ayumi, Kajitani, Yoshio, and Shoji, Gaku
- Subjects
- *
STEAM power plants , *ENERGY storage , *ELECTRIC faults , *PEAK load , *WEIBULL distribution , *RISK assessment - Abstract
Highlights • A failure probability model for intensively used thermal power plants was developed. • Repetitive accidents were modeled with accident probability using records. • Higher probability of two or more accidents on specific plants was estimated during crisis. • Bootstrap simulation was used to estimate risk of power shortages after disaster. • Supply capacity should be underestimated during crisis to have citizens and business better prepared. Abstract The unscheduled outage of thermal power plants following the Great East Japan Earthquake in 2011 greatly degraded the reliability of the power supply. As thermal power plants were a major part of the supply capacity after the disaster, especially under peak load conditions, consumers located both within and outside the severely damaged area had to reduce power usage to meet power consumption targets and avoid major blackouts. Therefore, experts and decision makers should use the records available from such accidents to determine appropriate margins of supply capacity and demand constraint policy during a crisis. Here, we constructed a probability model describing the likelihood of accident occurrence for thermal power plants based on the actual accident and recovery data obtained after the Great East Japan Earthquake. The lognormal and Weibull hazard models fit the observed data well, where the accidents tended to occur for many times at the same power generation unit under heavy-duty conditions. We then applied the developed probability model to Japanese thermal power plants in a bootstrap framework to understand the potential risk of power shortages during such events and to derive policy implications. [ABSTRACT FROM AUTHOR]
- Published
- 2018
- Full Text
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13. Potential and economic feasibility of solar home systems implementation in Bangladesh.
- Author
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Halder, P.K.
- Subjects
- *
SOLAR houses , *ENERGY economics , *ELECTRIFICATION , *SUSTAINABLE development , *RENEWABLE energy sources - Abstract
Solar home systems (SHSs) are the real hope for electrification of the off-grid areas in Bangladesh by utilizing the solar energy in renewable and sustainable basis. This paper demonstrates the solar energy prospect, the present status and dissemination schemes of SHSs in off-grid and coastal areas of Bangladesh by several government and Non-government organizations (NGOs). The country has an average daily solar radiation ranges between 4–6.5 kWh/m 2 . Currently, more than 3.8 million SHSs of capacity range 10–135 Wp (watt peak) with a total capacity of 150 MW have been disseminated in rural and isolated areas in Bangladesh. In this paper, ten case studies of capacity 20 Wp, 30 Wp and 42 Wp were investigated to evaluate economic viability at two randomly selected villages in Sirajgonj district and Jessore district, Bangladesh. The analysis showed that the SHSs for small business enterprise and household with small income generation are economically viable rather than only household lighting. [ABSTRACT FROM AUTHOR]
- Published
- 2016
- Full Text
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14. RPPs & QRPPs: An overall impact on the economy of Bangladesh and solution through renewable energy.
- Author
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Islam, Md. Tariqul and Hakim, Safayat Bin
- Abstract
Power crisis is one of the burning hindrances which are slowing down the socio-economic improvement in the developing countries. Without power all development activities come to rest. Demand for power is everywhere which had increased 50 times in the last 10 years. Bangladesh is a country of immense potential but she is associated with many major problems. Among them power shortage has emerged as most acute. Due to some obvious reasons quick and permanent remedy of this distress has become a hard nut to crack for the Government. To ease the problem recently Government has adopted several policies. As a part of the policies Rental and Quick rental power plants (RPPs and QRPPs) are increasing rapidly which seem to be short term solutions. This paper will introduce RPPs and QRPPs, their tariffs and impact on the economy of Bangladesh. Then we will discuss RPPs and QRPPs on the world's perspective and our proposal to address the problem. [ABSTRACT FROM PUBLISHER]
- Published
- 2012
- Full Text
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15. Japanese manufacturing facing post-Fukushima power crisis: a dynamic computable general equilibrium analysis with foreign direct investment.
- Author
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Hosoe, Nobuhiro
- Subjects
MANUFACTURING industries ,FUKUSHIMA Nuclear Accident, Fukushima, Japan, 2011 ,ELECTRIC power ,OFFSHORE outsourcing ,MATHEMATICAL models ,ECONOMIC equilibrium ,JAPANESE investments ,ECONOMIC sectors ,ECONOMICS - Abstract
The Great East Japan Earthquake and the subsequent tsunami that hit and severely damaged the Fukushima Daiichi Nuclear Power Station resulted indirectly in the shutdown of most of the nuclear power plants in Japan. To compensate for the lost nuclear power supply, more fossil fuels were used. People became concerned that this could be disadvantageous for domestic manufacturing industries and accelerated their offshoring to Asia, especially China, through foreign direct investment (FDI). We used a world trade computable general equilibrium (CGE) model with endogenous FDI from Japan to China to quantify the impact of the power crisis on the Japanese manufacturing sectors. We found that the power crisis as well as FDI would adversely affect several sectors that use power intensively, but would benefit the transportation equipment (TEQ), electric equipment (EEQ) and machinery sectors, despite the common expectation that these sectors would undergo a so-called ‘hollowing-out.’ [ABSTRACT FROM PUBLISHER]
- Published
- 2014
- Full Text
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16. Pakistan's Power Crisis: How Did We Get Here?
- Author
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Munir, Kamal A. and Khalid, Salman
- Abstract
This article has a rather modest aim. In contrast to most analyses that abound, it submits that Pakistan's energy crisis stems primarily from a suboptimal policy and only secondarily from governance issues. This does not mean that governance is not an important issue. With around 20 different organizations involved in the power sector—e.g., WAPDA, PEPCO, PPIB, AEDB, GENCOs, and IPPs—there is much scope for governance failures. In addition, there is much malfeasance perpetrated by political and other interests. Still, since governance mechanisms are significantly shaped by incentive systems and operating policy regimes, we will argue that the problem lies primarily in policy choices made earlier, and focus in particular on two elements of the policy that need to be revisited. [ABSTRACT FROM AUTHOR]
- Published
- 2012
17. Power Crisis and the Corresponding Strategies.
- Author
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Yanbin, Li, Qingzhuang, Wang, and Xiaojie, Chen
- Subjects
ELECTRIC utilities ,RENEWABLE energy sources ,CRISES ,ECONOMIC demand ,POLLUTION ,ECONOMIC development - Abstract
Abstract: Power crisis today contains not only the phenomenal of power storage, but also the problem of environment pollution caused by electric power industry. China has experienced fast development in the past 30 years and correspondingly, people''s living level is higher than the past. As a result, with the fast development of economy, the people''s demand on energy and power is more and larger than the past. In practice, although the burden of power supply has released in certain degree via building more power stations, power crisis is still in existence because of the flaw in electricity industry structure and technique aspects. In the paper, we analyze national stage of China in electricity industry aspect, and then we provide two typical cases about Power Crisis and coping strategies. Finally, we present relevant policies and strategies to tackle with the corresponding problem of China power crisis. [Copyright &y& Elsevier]
- Published
- 2011
- Full Text
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18. Multi-affine visible height correlation analysis for revealing rich structures of fractal time series.
- Author
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Wang, Fang, Wang, Lin, and Chen, Yuming
- Subjects
- *
STATISTICAL correlation , *TIME series analysis , *FRACTAL analysis , *POWER series , *ELECTRICITY markets , *ELECTRICITY pricing - Abstract
• A multi-affine visible height correlation analysis is proposed. • It provides several exponents to reveal rich structures of fractal time series. • It may be used to distinguish chaotic series from random series. • It improves forecasting of Hurst exponent. In this work we propose a novel algorithm, the multi-affine visible height correlation analysis (MA-VHCA), to analyze long-term correlations in fractal time series. Our method incorporates visible operator into the multi-affine height correlation analysis (MA-HCA). Besides the original power-law exponent obtained by MA-HCA, MA-VHCA can produce two more exponents. These three exponents, together with a newly proposed quantity (the average probability of two visible points P (L)), allow us to uncover rich structures of fractal time series. Some classical examples and analytical tools are used to test our method. In addition, our method may be used to distinguish chaotic series from random ones. As a case study, we apply the proposed MA-VHCA into electricity price series of the California power crisis. Our interesting findings show that there are significant differences between the price characteristics before and during the power crisis, which helps us better understand the price dynamics of the California power market. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
19. Power Crisis and the Corresponding Strategies
- Author
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Chen Xiao-jie, Wang Qingzhuang, and Li Yanbin
- Subjects
Wind power ,Power station ,business.industry ,power crisis ,power installed capacity ,renewable energy ,Grid parity ,Renewable energy ,Power (social and political) ,Energy(all) ,Electricity market ,Economic system ,Electric power industry ,business ,China - Abstract
Power crisis today contains not only the phenomenal of power storage, but also the problem of environment pollution caused by electric power industry. China has experienced fast development in the past 30 years and correspondingly, people's living level is higher than the past. As a result, with the fast development of economy, the people's demand on energy and power is more and larger than the past. In practice, although the burden of power supply has released in certain degree via building more power stations, power crisis is still in existence because of the flaw in electricity industry structure and technique aspects. In the paper, we analyze national stage of China in electricity industry aspect, and then we provide two typical cases about Power Crisis and coping strategies. Finally, we present relevant policies and strategies to tackle with the corresponding problem of China power crisis.
- Published
- 2011
- Full Text
- View/download PDF
20. Zambia Economic Brief, December 2015 : Powering the Zambian Economy
- Author
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World Bank Group
- Subjects
MARKET ACCESS ,INVESTMENT ,POWER PLANT ,UNCERTAINTY ,ECONOMIC GROWTH ,PRIVATE INVESTMENT ,GROSS DOMESTIC PRODUCT ,INFLATIONARY PRESSURES ,WIND ENERGY ,PRIVATE SECTOR INVESTMENT ,RESIDENTIAL CONSUMERS ,APPROACH ,UNCERTAINTIES ,TRADING PARTNER ,HYDROELECTRIC POWER STATIONS ,PEAK DEMAND ,DEPRECIATION ,INFLATION ,FISCAL BALANCE ,EXTERNAL FINANCING ,FISCAL DEFICIT ,SOLAR POWER ,WATER ,DOMESTIC MARKET ,SHORTFALL ,THERMAL POWER GENERATION ,INVESTMENTS ,FEDERAL RESERVE ,EXPANSIONARY FISCAL STANCE ,IMPORT ,ELECTRICITY TARIFFS ,DIESEL ,INTERNATIONAL DEBT ,FINANCIAL CRISIS ,ELECTRIFICATION ,INFLATION RATE ,POWER GENERATION CAPACITY ,FOOD PRICES ,SURPLUS POWER ,ENERGY GENERATION ,OIL ,DEBT SERVICE ,ENERGY SAVINGS ,OPTIONS ,SHORTFALLS ,GAS ,POWER SYSTEM ,BALANCE ,RELIABILITY OF SUPPLY ,ACTIVITIES ,DEMAND FOR POWER ,DRAG ON GROWTH ,GENERATION CAPACITY ,UTILITY-SCALE ,SLOW GROWTH ,PETROLEUM GAS ,FUEL PUMP ,FLUORESCENT LAMP ,HYDRO POWER ,RAPID GROWTH ,POWER STATIONS ,PIPELINE ,ELECTRICITY SUPPLY ,ENERGY SUPPLY ,POWER PLANTS ,TARIFF ,HYDROPOWER ,FOREIGN DIRECT INVESTMENT ,ELECTRICITY GENERATION CAPACITY ,PRICES ,ACCESS TO GRID ELECTRICITY ,HYDROELECTRIC POWER ,PETROLEUM ,GROWTH PERFORMANCE ,ACCESS TO ELECTRICITY ,EXTERNAL DEBT ,BUFFERS ,CURRENCY DEPRECIATION ,EXPORTER ,AGRICULTURAL COMMODITIES ,COMMON CURRENCY ,ENERGY DEMAND ,MONETARY POLICY ,SLOWDOWN ,FISCAL DEFICITS ,INTEREST RATES ,POVERTY REDUCTION ,POWER PRODUCERS ,DEMAND FOR ELECTRICITY ,RISKS ,FISCAL BALANCES ,MINERAL PRICES ,BILLS ,PRIMARY FUEL ,THERMAL POWER ,SUPPLY ,DOLLAR EXCHANGE RATE ,ACCOUNT DEFICIT ,TURBULENCE ,ECONOMIC CONDITIONS ,COMMODITY PRICE ,POLITICAL INSTABILITY ,GENERATION ,DEMAND ,CLIMATE CHANGE ,TRANSMISSION LOSSES ,POWER SECTOR ,FUEL ,ELECTRICITY ,CURRENCIES ,FLUORESCENT LAMPS ,ENERGY ,COAL ,RELATED SHOCKS ,POWER CRISIS ,DEFICITS ,ELECTRICITY GENERATION ,TRADE BALANCE ,FOREIGN EXCHANGE ,FUEL PRICES ,CONSOLIDATION ,RISK ,ECONOMIES ,EXCHANGE MARKET ,CURRENT ACCOUNT BALANCE ,COMPACT FLUORESCENT LAMPS ,FISCAL POLICY ,OIL PRICES ,EXCHANGE RATE ,VEHICLES ,STABLE CURRENCY ,CURRENCY RISKS ,CURRENCY ,PRICE ,COSTS OF ELECTRICITY ,CURRENT ACCOUNT ,TOTAL EXPORTS ,INFLATION RATES ,FOREIGN EXCHANGE MARKET ,GRID ELECTRICITY ,DIRECT INVESTMENT ,POWER ,RENEWABLE SOURCES ,DECELERATION IN GROWTH ,ECONOMY ,FISCAL IMBALANCES ,EXTERNAL BORROWING ,POWER SHORTAGES ,POWER GENERATION ,TAX REVENUES ,ENVIRONMENTAL IMPACTS ,COMMODITY PRICES ,GRADUAL DEPRECIATION ,GROWTH RATE ,UTILITIES ,ELECTRICITY TARIFF ,BILL ,ENERGY EFFICIENCY ,IMBALANCES ,OIL PRODUCTION ,PRICE OF OIL ,WIND ,FISCAL POSITION ,PUBLIC INVESTMENT ,DEFICIT ,STRUCTURAL REFORMS ,CURRENT ACCOUNT POSITIONS ,CURRENT ACCOUNT DEFICIT ,INTEREST RATE ,FOREIGN CURRENCY ,PETROLEUM PRODUCTS ,POWER STATION - Abstract
Zambia faces its toughest economic challenges in at least a decade. The economy has come under strain in 2015 as external headwinds and domestic pressures have intensified. The main domestic risks are threefold. Firstly, that the power crisis will worsen. Secondly, a deterioration of confidence in the economy, leading to further weakening of the currency and increased levels of inflation. Lastly, a bad harvest that serves to increase food prices and reduce rural and agricultural incomes, with the greatest impact falling on the poorest households. Commodity-exporting countries’ policy makers face increasing challenges across the globe. Zambia is no exception and must grapple with multiple challenges as the economy slows down. Strengthening the fiscal position and restoring fiscal buffers are necessary to increase confidence in the economy, reduce the need for costly borrowing, and build resilience against further exogenous shocks. Economic progress since 2000, driven by mining production and services, has substantially increased the demand for electricity in Zambia. Key to note is that an increase in tariffs to cost-reflective levels is necessary but not sufficient to increase private investment in electricity generation in Zambia. The new generation capacity and emergency measures for 2016 will help in mitigating the impact of the power crisis in the coming year, but global experience shows there is no substitute for effective planning. Particular efforts are needed to improve sector planning and the procurement processes for large power projects.
- Published
- 2015
21. A Quarter Century Effort Yet to Come of Age : A Survey of Power Sector Reforms in Developing Countries
- Author
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Jamasb, Tooraj, Nepal, Rabindra, and Timilsina, Govinda R.
- Subjects
INVESTMENT ,PLANT EFFICIENCY ,INVESTMENTS IN ENERGY ,WHOLESALE PRICE ,RESIDENTIAL CONSUMERS ,APPROACH ,PRICE OF ELECTRICITY ,ELECTRICITY PRICE ,EMPLOYMENT ,ELECTRICITY PRICES ,EMISSIONS ,INVESTMENTS ,ACCESS TO ENERGY ,ELECTRICITY TARIFFS ,ELECTRIFICATION ,OIL ,INCENTIVES ,OPTIONS ,GAS ,ELECTRIC POWER ,BALANCE ,ACTIVITIES ,ELECTRIC UTILITIES ,GENERATION CAPACITY ,TURBINES ,POWER SUPPLY ,ENERGY MARKETS ,ENERGY SYSTEMS ,COMPETITIVE SEGMENTS ,ELECTRICITY SUPPLY ,ENERGY SUPPLY ,POWER PLANTS ,TARIFF ,HYDROPOWER ,TECHNICAL EFFICIENCY ,WHOLESALE POWER ,CAPACITY ,LEAD ,UNBUNDLING ,TAX REVENUE ,PRICES ,PUBLIC UTILITIES ,ENERGY LOSSES ,ENERGY ECONOMICS ,GOLD ,ACCESS TO ELECTRICITY ,ENERGY POLICIES ,POWER INDUSTRY ,QUALITY OF ENERGY ,RETAIL ELECTRICITY ,DISTRIBUTION LOSSES ,ELECTRICAL POWER ,ELECTRICITY CONSUMPTION ,SERVICE RELIABILITY ,PRICING ,POWER PRODUCERS ,TARIFF STRUCTURE ,POWER SYSTEMS ,GAS PRICES ,PLANT PERFORMANCE ,REFLECTIVITY ,RETAIL COMPETITION ,LOW- CARBON ,EMPIRICAL EVIDENCE ,GENERATION ,ENERGY POLICY ,CLIMATE CHANGE ,ENERGY PRODUCTION ,ACCESS TO ENERGY SERVICES ,POWER SECTOR ,FUEL ,RURAL ENERGY ,ELECTRICITY ,AMOUNT OF POWER ,CARBON ,ENERGY ,COAL ,POWER CRISIS ,DOMESTIC COAL ,ELECTRICITY GENERATION ,INDEPENDENT REGULATORY ,CARBON DIOXIDE ,LESS ,ENERGY CONSUMPTION ,POWER PRICING ,ELECTRICITY SECTOR ,SUPPLY INDUSTRY ,POWER SECTOR REFORMS ,EFFICIENCY IMPROVEMENTS ,COAL PRICE ,ENERGY PRICING ,CARBON DIOXIDE EMISSIONS ,GROSS ELECTRICITY GENERATION ,ELECTRICITY UTILITY ,ENERGY PRICES ,REGULATION ,EFFICIENCY IMPROVEMENT ,SUPPLY OF ELECTRICITY ,PRICE ,COSTS OF ELECTRICITY ,COMMERCIAL ENERGY ,LOAD FACTOR ,GRID ELECTRICITY ,POWER ,PRIVATIZATION ,INVESTMENTS IN ENERGY INFRASTRUCTURE ,POWER GENERATION ,SUSTAINABLE ENERGY ,ENVIRONMENTAL IMPACTS ,POWER PRICES ,ELECTRICITY DISTRIBUTION ,UTILITIES ,POWER CORPORATION ,POWER GENERATORS ,BENEFITS ,QUANTITATIVE ANALYSIS ,GAS TURBINES ,TROPICS ,HIGH ENERGY LOSSES ,ELECTRICITY TARIFF ,REGULATORS ,GRID ELECTRIFICATION ,ENERGY EFFICIENCY ,AVAILABILITY ,COAL GAS ,POWER DISTRIBUTION ,CLIMATE ,VALUE OF ENERGY ,ELECTRIC POWER INDUSTRY ,RURAL ELECTRIFICATION ,ELECTRICITY UTILITIES - Abstract
It has been more than two decades since the widespread initiation of global power sector reforms and restructuring. However, empirical evidence on the intended microeconomic, macroeconomic, and quality-related impacts of reforms across developing countries is lacking. This paper comprehensively reviews the empirical and theoretical literature on the linkages between power sector reforms, economic and technical efficiency, and poverty reduction. The review finds that the extent of power sector reforms has varied across developing countries in terms of changes in market structures, the role of the state, and the regulation of the sector. Overall, the reforms have improved the efficiency and productivity in the sector among many reforming countries. However, the efficiency gains have not always reached the end consumers because of the inability of sector regulators and inadequate regulatory frameworks. Reforms alleviate poverty and promote the welfare of the poor only when the poor have access to electricity. From a policy-making perspective, this implies that the reforms need to be supplemented with additional measures for accelerating electrification to help the poor.
- Published
- 2015
22. Cross-Border Electricity Cooperation in South Asia
- Author
-
Singh, Anoop, Jamasb, Tooraj, Nepal, Rabindra, and Toman, Michael
- Subjects
RENEWABLE ENERGY DEVELOPMENT ,INVESTMENT ,Economics ,POWER CONSUMPTION ,DISTRIBUTION OF ELECTRICITY ,PURCHASE OF ELECTRICITY ,POWER SECTOR PLANNING ,HYDROELECTRIC POTENTIAL ,POWER PLANT ,APPROACH ,PEAK DEMAND ,TAX EXEMPTION ,ENERGY DEVELOPMENT ,South Asia [L19] ,WATER ,PEAK ELECTRICITY DEMAND ,ELECTRICITY CAPACITY ,ELECTRICITY PRICES ,PETROLEUM INDUSTRY ,SMALL POWER PLANTS ,ELECTRICITY PRODUCERS ,THERMAL POWER GENERATION ,RENEWABLE ENERGY ,INVESTMENTS ,DIESEL ,TRANSMISSION SYSTEM ,ELECTRIFICATION ,ELECTRICITY DEMAND ,ENERGY OUTLOOK ,COAL PIT ,RENEWABLE ELECTRICITY ,OPTIONS ,GAS ,POWER SYSTEM ,ELECTRIC POWER ,BALANCE ,ACTIVITIES ,HYDRO POWER STATIONS ,ELECTRIC UTILITIES ,GENERATION CAPACITY ,TRANSMISSION FACILITIES ,HYDRO POWER ,CLEANER ENERGY ,POWER STATIONS ,HYDRO PLANT ,CLEANER ,ELECTRICITY SUPPLY ,ENERGY SUPPLY ,POWER PLANTS ,TARIFF ,HYDROPOWER ,ELECTRICITY GENERATION CAPACITY ,ENERGY SHORTAGES ,PRICES ,PUBLIC UTILITIES ,TRANSMISSION LINE ,PETROLEUM ,HYDROPOWER PLANT ,POWER GRID ,PRIMARY ENERGY ,ACCESS TO ELECTRICITY ,POWER GENERATION FACILITIES ,POWER CAPACITY ,ENERGY POLICIES ,RETAIL ELECTRICITY ,POWER PROJECT ,ELECTRICITY CONSUMPTION ,POWER PRODUCERS ,BORDER TRADE ,THERMAL POWER ,RENEWABLE ENERGY APPLICATIONS ,POWER SYSTEMS ,ELECTRICITY GENERATION EFFICIENCY ,HYDRO-POWER ,GENERATION ,BORDER ELECTRICITY TRADE ,TRANSMISSION INFRASTRUCTURE ,MINERAL RESOURCES ,POWER SECTOR ,FUEL ,RURAL ENERGY ,ELECTRICITY ,ENERGY ,COAL ,ELECTRIC SUPPLY ,RENEWABLE ENERGY POLICY ,POWER CRISIS ,ELECTRICITY GENERATION ,FACILITIES ,ENERGY CONSERVATION ,ENERGY RESOURCES ,QUALITY ENERGY ,DISTRIBUTION NETWORK ,SUPPLY OF ELECTRICITY ,PRICE ,ELECTRIC GENERATION ,GRID RENEWABLE ENERGY ,SOLAR COLLECTORS ,FUEL COST ,TRANSMISSION CAPACITY ,POWER ,POWER TRADE ,POWER SHORTAGES ,TRANSMISSION LINES ,POWER GENERATION ,SUSTAINABLE ENERGY ,ELECTRICITY DISTRIBUTION ,NATURAL GAS ,UTILITIES ,POWER GENERATORS ,POWER SECTORS ,ELECTRICITY TARIFF ,PRIMARY ENERGY RESOURCES ,GENERATION OF ELECTRICITY ,ENERGY EFFICIENCY ,AVAILABILITY ,ENERGY PRODUCTS ,POWER DISTRIBUTION ,ENERGY NEEDS ,POWER COMPANY ,HYDROELECTRIC PLANT ,Economics [T21] ,RURAL ELECTRIFICATION ,PETROLEUM PRODUCTS - Abstract
South Asian countries, facing challenges in efficiently meeting growing electricity demand, can benefit from increased cross-border electricity cooperation and trade by harnessing complementarities in electricity demand patterns, diversity in resource endowments for power generation, and gains from larger market access. The region has witnessed slow progress in expanding regional electricity cooperation and trade, and undertaking needed domestic sector reforms. Although bilateral electricity sector cooperation in the region is increasing, broader regional cooperation and trade initiatives have lagged in the face of regional barriers and domestic sector inefficiencies. Deeper electricity market reforms are not a necessity for further development of cross-border electricity trade, but limited progress in overcoming regional and domestic barriers will limit the scope of the regional market and the benefits it can provide.
- Published
- 2015
23. STRUGGLE TO RECOVER.
- Author
-
MOORE, MARCUS
- Abstract
DAVID MUIR (ABC NEWS) (Off-camera) In the meantime, we turn to Texas now where, today, lawmakers grilled executives of the state's power grid there. And we learned that the entire grid was just four minutes, 37 seconds from a total blackout. Marcus Moore, again, from Dallas. [ABSTRACT FROM PUBLISHER]
- Published
- 2021
24. Japanese Manufacturing Facing the Power Crisis after Fukushima: A Dynamic Computable General Equilibrium Analysis with Foreign Direct Investment
- Author
-
HOSOE, Nobuhiro and 政策研究大学院大学 / National Graduate Institute for Policy Studies
- Subjects
hollowing out of manufacturing ,Power Crisis ,Foreign Direct Investment ,Computable General Equilibrium Analysis - Abstract
経済学 / Economics, The Great East Japan Earthquake and the subsequent tsunami hit and destroyed the Fukushima Daiichi Nuclear Power Station. People lost trust in the safety of nuclear power plants, and the regulatory authority became reluctant to permit power companies to restart their nuclear power plants. To make up for the lost nuclear power supply, thermal power plants started operating more. They consume more fossil fuels, which raises power charges. This power crisis is anticipated to raise energy input costs and to force the domestic manufacturing industries to move out to, for example, China through foreign direct investment (FDI). Using a world trade computable general equilibrium model, with recursive dynamics installed to describe both domestic investment and FDI from Japan to China, we simulate the power crisis by assuming lost capital stock and intensified fossil fuel use by the power sector to investigate its impact on the Japanese manufacturing sectors. We found that the power crisis would adversely affect several sectors that use power intensively but would benefit the transportation equipment, electric equipment, and machinery sectors, despite the common expectation that these sectors would undergo a so-called “hollowing-out.”, http://www.grips.ac.jp/list/jp/facultyinfo/hosoe_nobuhiro/
- Published
- 2013
25. The Central African Republic's Infrastructure : A Continental Perspective
- Author
-
Domínguez-Torres, Carolina and Foster, Vivien
- Subjects
WATER CONSUMPTION ,SURFACE TRANSPORT ,NATIONAL TRANSPORT ,CAR FUEL ,PUBLIC FUNDING ,RAILWAYS ,ROAD ,ROUTES ,GENERATORS ,AIR FARES ,COST OF TRANSPORT ,DIGITAL SUBSCRIBER ,TRANSPORTATION COSTS ,LOCAL PARTNERS ,TRANSPORT FACILITATION ,ROAD INFRASTRUCTURE ,ADMINISTRATIVE CAPACITY ,INFRASTRUCTURE SPENDING ,ELECTRIFICATION ,CONTAINER TERMINAL ,PUBLIC PROCUREMENT ,CAR ACCESS ,TRANSPORT SECTOR ,PUBLIC PRIVATE INFRASTRUCTURE ,SEWERAGE NETWORK ,O&M ,GENERATION CAPACITY ,TURBINES ,NETWORK INFRASTRUCTURE ,CONNECTION CHARGE ,MULTIMODAL TRANSPORT ,PIPELINE ,WELLS ,REVENUE COLLECTION ,HYDROPOWER ,CABLE ,SERVICE QUALITY ,VIP LATRINES ,QUALITY OF WATER ,SURFACE WATER ,PETROLEUM ,ACCESS TO ELECTRICITY ,ELECTRICITY INFRASTRUCTURE ,INFRASTRUCTURE SERVICES ,INTERNATIONAL TRAVEL ,SANITATION UTILITIES ,TRANSPORT INFRASTRUCTURE ,FUEL OIL ,QUALITY OF ENERGY ,RAIL ,EXCESS SUPPLY ,DRINKING WATER ,INEFFICIENT ALLOCATION OF RESOURCES ,DISCOUNT RATE ,COPYRIGHT ,VOLUME OF TRAFFIC ,AIRPORTS ,COST RECOVERY ,RAIL TRANSPORT ,THERMAL POWER ,RUNWAYS ,PRIVATE PARTICIPATION ,TRAVEL TIMES ,WATER SHORTAGES ,RETAIL PRICES ,SOLID WASTE COLLECTION ,ACCESS TO SAFE WATER ,POWER CRISIS ,QUALITY OF SERVICE ,NUMBER OF CONNECTIONS ,TRAFFIC VOLUMES ,CONSUMPTION OF ELECTRICITY ,ROADS ,SAFE WATER ,AIR ,ROAD USER ,ELECTRICITY REGULATOR ,ENERGY RESOURCES ,CONSUMER SURPLUS ,INTERNATIONAL AVIATION ,SAFETY ,BILL COLLECTION ,HOUSEHOLDS ,INVESTMENT COSTS ,LIMITED INFRASTRUCTURE ,POWER ,CUBIC METERS ,TRANSMISSION LINES ,INLAND TRANSPORT ,CARGO ,POWER PRICES ,SOURCE OF ENERGY ,ROAD USER CHARGES ,FREIGHT ,PROFIT MARGINS ,TELECOMMUNICATIONS SERVICES ,ARTERY ,FINANCIAL PERFORMANCE ,TRUCKS ,ROAD MAINTENANCE ,WATER UTILITIES ,INVESTMENT PROGRAM ,CUBIC METER OF WATER ,PRICE OF OIL ,WATER SUPPLY ,WATER USE ,PRIVATE OPERATORS ,GASOLINE PRICES ,TRANSPORT ,TRANSPORTATION ,INFRASTRUCTURE DEVELOPMENT ,POWER AVAILABILITY ,CAPITAL EXPENDITURE ,POPULATION DENSITY ,INFRASTRUCTURE ASSETS ,TRAFFIC LEVELS ,ECONOMIC PERFORMANCE ,MARKET ACCESS ,PASSENGERS ,DRAINAGE ,TAX ,BERTH PRODUCTIVITY ,BANDWIDTH ,ECONOMIC GROWTH ,GROSS DOMESTIC PRODUCT ,GENERATION ASSETS ,ACCESS TO WATER SUPPLY ,AIRCRAFT ,TRANSPORT MARKET ,INTERNATIONAL AIRPORT ,POPULATION GROWTH ,INTERNATIONAL FLIGHTS ,SEAT CAPACITY ,VEHICLE ,DIESEL ,ECONOMIC CRISIS ,TOWNS ,CARRIERS ,LICENSES ,AIR FLEET ,PERFORMANCE INDICATORS ,CAR ,OPERATIONAL EFFICIENCY ,TRANSPORTS ,BALANCE ,PORT AUTHORITY ,E-MAIL ,WALKING ,CUBIC METER ,ELECTRICITY SUPPLY ,SOLID WASTE ,POWER PLANTS ,PUBLIC ROADS ,CAPITAL INVESTMENT ,CONNECTION COSTS ,ROAD QUALITY ,MARGINAL COSTS ,RAIL INFRASTRUCTURE ,REGIONAL PUBLIC GOODS ,PUBLIC SECTOR ENTITIES ,SANITATION ,HYDROPOWER PLANT ,SANITATION SECTOR ,GENERATION COSTS ,TELECOMMUNICATIONS REGULATION ,TOWN ,ROAD NETWORK ,DISTRIBUTION LOSSES ,ELECTRICITY CONSUMPTION ,LOWER PRICES ,MARKET CONCENTRATION ,PUBLIC SECTOR ,CLEAN WATER ,POPULATION DENSITIES ,SAND ,OIL PIPELINE ,WATER SUPPLY SERVICES ,COMPETITIVE MARKETS ,GENERATION ,TELEPHONE ,EXCESS CAPACITY ,TRANSIT ,FUEL ,POWER SECTOR ,ACCESSIBILITY ,FUEL PRICES ,ROUTE ,KILOWATT-HOUR ,SANITATION SERVICES ,ROAD SECTOR ,CAPITAL COSTS ,NEIGHBORHOODS ,MAINTENANCE REQUIREMENTS ,TRANSPORT CORRIDORS ,POWER PRODUCTION ,TRANSPORT PLAN ,DISTRIBUTION NETWORK ,OIL PRICES ,URBAN CENTERS ,VEHICLES ,FLEETS ,RAW WATER ,PRICE OF FUEL ,VEHICLE MILEAGE ,PRICE OF DIESEL ,TRANSMISSION CAPACITY ,TRANSPORT INDICATORS ,GASOLINE ,POWER SHORTAGES ,TRAFFIC ,POWER GENERATION ,INTERNATIONAL AIR TRANSPORT ASSOCIATION ,TRANSPORT COSTS ,ROAD TRAFFIC ,WATER DISTRIBUTION ,INVESTMENT TARGETS ,MATERIAL ,AIR TRANSPORT ,AVAILABILITY ,MODE OF TRANSPORT ,SANITATION INFRASTRUCTURE ,QUERIES ,TRANSPORT POLICY ,WATER RESOURCES ,URBAN AREAS ,LITERS PER CAPITA PER DAY ,PETROLEUM PRODUCTS ,RAIL CORRIDOR ,INTERNATIONAL AIR TRANSPORT - Abstract
Between 2000 and 2005 infrastructure made a modest net contribution of less than one percentage point to the improved per capita growth performance of the Central African Republic (CAR), despite high expenses in the road sector. Raising the country's infrastructure endowment to that of the region's middle-income countries could boost annual growth by about 3.5 percentage points. Assuming that the inefficiencies are fully captured, comparing spending needs against existing spending and potential efficiency gains leaves an annual funding gap of $183 million per year. By far the largest gap exists in transport. The CAR has the potential to close this gap by raising additional public funding for infrastructure from increased fiscal receipts of various kinds. Furthermore, the CAR has not captured as much private finance for infrastructure (measured as a percentage of Gross Domestic Product, or GDP) as many of its neighbors. This scope for improvement, coupled with the prospect of an economic rebound and prudent policies, could lift the country from it fragile state back to and beyond the prosperity standards it once enjoyed.
- Published
- 2011
26. Bangladesh : Fiscal Costs of Non-Financial Public Corporations
- Author
-
Kojo, Naoko C.
- Subjects
FUEL COSTS ,INVESTMENT ,TOTAL DEBT ,TAX ,BANKING SYSTEM ,DISTRIBUTION OF ELECTRICITY ,POWER PLANT ,BUDGET ,WHOLESALE PRICE ,GOVERNMENT GUARANTEES ,DEBT FORGIVENESS ,EQUITY FINANCING ,INFLATION ,WATER ,DEMAND FOR PETROLEUM PRODUCTS ,BOND ISSUES ,LENDING ,OIL COMPANY ,INTERNATIONAL STANDARDS ,CRUDE OIL ,ELECTRICITY TARIFFS ,DIESEL ,STOCK ,INTEREST ARREARS ,ENERGY GENERATION ,OIL ,DEBT SERVICE ,BONDS ,GAS ,LONG-TERM LOANS ,BALANCE ,ACTIVITIES ,LOANS ,GENERATION CAPACITY ,RURAL ELECTRIC ,WHOLESALE PRICES ,POWER STATIONS ,ELECTRICITY SUPPLY ,POWER PLANTS ,SOLVENCY ,TREASURY BONDS ,TARIFF ,SHORT-TERM DEBT ,GAS SUPPLY ,LIQUIDITY PROBLEMS ,HOLDING ,PROFIT ,FINANCE ,PRICES ,FINANCIAL STATEMENTS ,PETROLEUM ,POWER GRID ,VOLTAGE ,ISSUANCE OF GOVERNMENT SECURITY ,GOVERNMENT SECURITY ,LIABILITIES ,INDEBTEDNESS ,BALANCE SHEET ,FUEL OIL ,DEFAULTS ,LIQUIDITY ,POWER PRODUCERS ,REFINED PRODUCTS ,DEBT ,ARREARS ,CONTINGENT LIABILITIES ,GUARANTEES ,TARIFF STRUCTURE ,ELECTRICITY SALES ,MARKET ,NON-PERFORMING LOAN ,PETROLEUM SECTOR ,GENERATION ,GOVERNMENT REGULATIONS ,RETURN ,TAX RATE ,LONG-TERM DEBT ,LOAN PORTFOLIO ,MINERAL RESOURCES ,POWER SECTOR ,FUEL ,ELECTRICITY ,ENERGY ,ELECTRIC SUPPLY ,POWER CRISIS ,ELECTRICITY GENERATION ,GAS SUPPLIES ,PRIVATE BANKS ,PORTFOLIO ,FUEL FOR POWER GENERATION ,POWER PURCHASE AGREEMENTS ,TAX OBLIGATIONS ,PUBLIC FUNDS ,EXCHANGE ,ACCOUNTING ,NON- PERFORMING LOANS ,INCOME TAX ,SECURITY ,TAX PAYMENTS ,NUCLEAR POWER PLANTS ,TARIFFS ,ISSUANCE OF GOVERNMENT SECURITIES ,CHEMICAL INDUSTRIES ,FUEL OILS ,NUCLEAR POWER ,PRICE OF POWER ,OIL PRICES ,REFINED PETROLEUM PRODUCTS ,DISTRIBUTION NETWORK ,FOREIGN LOANS ,EXCHANGE RATE ,TREASURY BOND ,EQUITY CAPITAL ,PRICES OF FUELS ,ENERGY PRICES ,CRUDE OIL PRICE ,REVENUE ,CURRENCY ,SUPPLY OF ELECTRICITY ,FUEL PRODUCTS ,GOVERNMENT EXPENDITURE ,PRICE ,EQUITY ,BOND ,GOVERNMENT SECURITIES ,TREASURY ,BANK LOANS ,FUELS ,POWER ,OUTSTANDING DEBT ,FORGIVENESS ,IMPORTS OF PETROLEUM ,DOMESTIC BANKS ,DEBT SERVICE PAYMENTS ,PROFITS ,POWER SHORTAGES ,LOAN ,POWER GENERATION ,KEROSENE ,COMMODITY PRICES ,ELECTRICITY DISTRIBUTION ,SECURITIES ,MARKET INTEREST RATE ,NATURAL GAS ,COMMERCIAL BANKS ,UTILITIES ,AMOUNT OF DEBT ,DEBT STOCKS ,OIL PRICE ,ELECTRICITY TARIFF ,OILS ,ISSUANCE ,MARKET LEVELS ,DOMESTIC BANKING ,FINANCIAL PERFORMANCE ,INTEREST ,AVAILABILITY ,ACCOUNTS RECEIVABLE ,GASIFICATION ,POWER DISTRIBUTION ,FINANCIAL SUPPORT ,CONVERSION ,CAPACITY UTILIZATION ,CASH TRANSFERS ,BOND ISSUE ,ENERGY SOURCES ,INTEREST RATE ,CASH PAYMENT ,PETROLEUM PRODUCTS ,EXPENDITURE ,POWER STATION - Abstract
The overall fiscal position of Bangladesh looks sustainable, but there are concerns that the country may be trapped in a low revenue-low capital spending equilibrium, which is holding back Bangladesh’s growth potential. Eliminating wasteful spending and halting fiscal drains through inefficient non-financial public corporations (NFPCs) are important ways to create fiscal space, particularly in the area of infrastructure. This paper reviews the financial performance of the NFPC sector in Bangladesh, with a specific focus on two major loss-making firms: Bangladesh Petroleum Corporation (BPC) and Power Development Board (PDB). The objective of this paper is to update the Bank’s knowledge on the financial performance of the NFPC sector and estimate the fiscal costs emanating from the sector.
- Published
- 2010
27. Development and Climate Change : A Strategic Framework for the World Bank Group
- Author
-
World Bank, International Finance Corporation, and Multilateral Investment Guarantee Agency
- Subjects
CARBON TRADING ,INFORMATION ,INVESTMENT ,PLANT EFFICIENCY ,TROPICAL FORESTS ,WASTE ,CARBON FINANCE ,POWER PLANT ,GEOTHERMAL DEVELOPMENT ,INTERNATIONAL NEGOTIATIONS ,APPROACH ,COMMODITIES ,EXTERNALITIES ,CLEAN ENERGY TECHNOLOGIES ,SOLAR POWER ,CHANGING LAND USE ,CLIMATE POLICIES ,WATER ,ECONOMIC PROCESSES ,MONITORING ,CEMENT PRODUCTION ,EMISSIONS ,RENEWABLE ENERGY ,INCOME ,INVESTMENTS ,RENEWABLE ENERGY PROJECTS ,VALUES ,GEOTHERMAL SOURCES ,INCENTIVES ,FUEL CELLS ,POVERTY ,ACTIVITIES ,FOSSIL FUELS ,TECHNOLOGIES ,KYOTO PROTOCOL ,GEOTHERMAL RESOURCE ,PIPELINE ,CLEANER ,STRATEGIES ,THERMAL PLANTS ,HYDROPOWER ,MODELS ,SUBSIDIES ,FOREST MANAGEMENT ,MARKETS ,GEOTHERMAL ENERGY ,PRICES ,RENEWABLE TECHNOLOGIES ,GAS FLARING ,INTERNATIONAL ENERGY AGENCY ,ENVIRONMENTAL ,FOOD PRODUCTION ,TRADE ,RANGELANDS ,NEGOTIATIONS ,CO2 EMISSIONS ,FOSSIL FUEL ,SUPPLY ,SUSTAINABLE DEVELOPMENT ,PROPERTY ,GREENHOUSE ,ENERGY MIX ,RESOURCES ,DEMAND ,CLIMATE CHANGE ,SCIENTIFIC KNOWLEDGE ,GDP ,BIOMASS ,CARBON ,CARBON MARKET ,CARBON CREDITS ,ELECTRICITY GENERATION ,ENVIRONMENTAL BENEFITS ,FORESTS ,POWER CRISIS ,GLOBAL CLIMATE CHANGE ,TEMPERATURE ,DROUGHT ,HUMAN DEVELOPMENT ,RISK ,ENERGY TECHNOLOGY ,ECONOMIES ,CAPITAL MARKETS ,POLICIES ,ENERGY SECURITY ,REVENUE ,CO2 ,CLIMATE POLICY ,FRAMEWORK CONVENTION ON CLIMATE CHANGE ,JOINT IMPLEMENTATION ,CLEAN DEVELOPMENT MECHANISMS ,CREDIT ,SECURITIES ,FINANCIAL RESOURCES ,WATER PRICING ,REDUCING EMISSIONS ,ECONOMIC ANALYSIS ,ECONOMICS ,CLEANER PRODUCTION ,COMPARATIVE ADVANTAGE ,WATER USE ,GLOBAL ENVIRONMENT ,PUBLIC GOODS ,CLIMATE ,ENERGY NEEDS ,REVENUES ,COASTAL AREAS ,IMPACTS OF CLIMATE CHANGE ,UNEP ,AFFORDABLE ENERGY ,POTENTIAL INVESTORS ,CLEAN DEVELOPMENT MECHANISM ,LAW ,BIOMASS POWER ,CLIMATE CHANGE MITIGATION ,GLOBAL EMISSIONS ,SUSTAINABLE MANAGEMENT ,RIVER BASINS ,ECONOMIC GROWTH ,RENEWABLE ENERGY TECHNOLOGIES ,PEAK DEMAND ,GLOBAL GREENHOUSE GAS EMISSIONS ,PROGRAMS ,ENERGY DEVELOPMENT ,ECOSYSTEMS ,LAND USE ,RAINFALL ,EMISSION REDUCTION TARGET ,POPULATION GROWTH ,FOSSIL ,PILOT PROJECTS ,OUTCOMES ,ACCESS TO ENERGY ,EMISSIONS REDUCTION ,PRODUCTIVITY ,CUMULATIVE EMISSIONS ,EMISSION INTENSITY ,OIL ,ENERGY SAVINGS ,FOSSIL FUEL USE ,OPTIONS ,COAL USE ,POLICY DECISIONS ,SUPPLY COSTS ,RISK MANAGEMENT ,GREENHOUSE GAS ,IMPACTS ,ELECTRICITY SUPPLY ,ENERGY SUPPLY ,ENVIRONMENTAL EXTERNALITIES ,INTERGOVERNMENTAL PANEL ON CLIMATE CHANGE ,LANDFILL ,MARKET MECHANISM ,MALARIA ,CLEAN TECHNOLOGY ,CATALYTIC ROLE ,STREAMS ,DECISION MAKING ,ENVIRONMENT ,GLOBAL GREENHOUSE ,COASTAL ZONE MANAGEMENT ,NEED ,ATMOSPHERE ,GREENHOUSE GAS EMISSIONS ,ECONOMIC DEVELOPMENT ,EMISSIONS REDUCTIONS ,CLEANER AIR ,DEVELOPED COUNTRIES ,MINERAL RESOURCES ,RENEWABLE ENERGY RESOURCES ,FUEL ,POWER SECTOR ,ELECTRICITY ,BIOMASS POWER GENERATION ,COAL ,CARBON DIOXIDE ,LESS ,CARBON CAPTURE ,CLIMATE IMPACTS ,VALUE ,WETLANDS ,IPCC ,FACILITIES ,TAKING ,ENERGY CONSERVATION ,COMPACT FLUORESCENT LAMPS ,NUCLEAR POWER ,BURNING FOSSIL FUELS ,APPROPRIATE TECHNOLOGY ,LAND DEGRADATION ,VEHICLES ,ENERGY PRICES ,ENERGY USE ,INSURANCE ,EMISSION REDUCTION ,EQUITY ,DISTRICT HEATING ,CLEAN TECHNOLOGIES ,LAND ,REFORESTATION ,CLIMATE SYSTEM ,CLEAN ENERGY ,EMISSIONS FROM ENERGY ,CLIMATE CHANGE ADAPTATION ,CEMENT ,SUSTAINABLE USE ,KNOWLEDGE ,FORESTRY ,ENERGY COSTS ,ENERGY EFFICIENCY ,AVAILABILITY ,DIVISION OF LABOR ,WIND ,NATURAL RESOURCES ,SAVINGS ,CARBON ENERGY ,AFFORESTATION ,ENERGY SOURCES ,ECOSYSTEM ,DEFORESTATION ,EMISSION ,GLOBAL GREENHOUSE GAS - Abstract
This strategic framework serves to guide and support the operational response of the World Bank Group (WBG) to new development challenges posed by global climate change. Unabated, climate change threatens to reverse hard-earned development gains. The poorest countries and communities will suffer the earliest and the most. Yet they depend on actions by other nations, developed and developing. While climate change is an added cost and risk to development, a well-designed and implemented global climate policy can also bring new economic opportunities to developing countries. Climate change demands unprecedented global cooperation involving a concerted action by countries at different development stages supported by "measurable, reportable, and verifiable" transfer of finance and technology to developing countries. Trust of developing countries in equity and fairness of a global climate policy and neutrality of the supporting institutions is critical for such cooperation to succeed. Difficulties with mobilizing resources for achieving the millennium development goals and with agreeing on global agricultural trade underscore the political challenges. The framework will help the WBG maintain the effectiveness of its core mission of supporting growth and poverty reduction. While recognizing added costs and risks of climate change and an evolving global climate policy. The WBG top priority will be to build collaborative relations with developing country partners and provide them customized demand-driven support through its various instruments from financing to technical assistance to constructive advocacy. It will give considerable attention to strengthening resilience of economies and communities to increasing climate risks and adaptation. The operational focus will be on improving knowledge and capacity, including learning by doing. The framework will guide operational programs of WBG entities to support actions whose benefits to developing countries are robust under significant uncertainties about future climate policies and impacts-actions that have "no regrets."
- Published
- 2008
28. Power crisis and the problems faced by Manufacturing industries
- Author
-
Tharmalingam, Vijayakumar and Tharmalingam, Vijayakumar
- Published
- 2002
29. PUERTO RICO POWER CRISIS.
- Author
-
MUIR, DAVID
- Abstract
DAVID MUIR (ABC NEWS) (Off-camera) And a troubling setback for Puerto Rico tonight. A major power failure, almost the entire island now back in the dark. Nearly three and a half million American citizens live there. And tonight, the Texas couple who saw our reporting, and what they've now done. [ABSTRACT FROM PUBLISHER]
- Published
- 2017
30. IEEE Power Engineering Review.
- Author
-
Sheffrin, A.
- Abstract
This article identifies the critical factors that led to the Californian power crisis and assesses whether the crisis was brought about by a failure of market design or not. It argues that, until long-term solutions can be put in place and adequate supply is restored, effective region-wide market power mitigation measures must be implemented to protect consumers from the exercise of market power. [ABSTRACT FROM PUBLISHER]
- Published
- 2002
- Full Text
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