Current And Forthcoming Issues In The South African Electricity Sector:
One of the contentious issues in electricity reform is whether there are significant gains from restructuring systems that are moderately well run. South Africa's electricity system is a case in point. The sector's state-owned utility, Eskom, has been generating some of the lowest-priced e...
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Hauptverfasser: | , , |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
The World Bank
2007
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Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | One of the contentious issues in electricity reform is whether there are significant gains from restructuring systems that are moderately well run. South Africa's electricity system is a case in point. The sector's state-owned utility, Eskom, has been generating some of the lowest-priced electricity in the world, has largely achieved revenue adequacy, and has financed the bulk of the government's ambitious electrification program. Moreover, the key technical performance indicators of Eskom's generation plants have reached world-class levels. Yet the sector is confronted today with serious challenges. South Africa's electricity system is currently facing a tight demand/supply balance, and the distribution segment of the industry is in serious financial trouble. This paper provides a careful diagnostic assessment of the industry and identifies a range of policy and restructuring options to improve its performance. It suggests removing distribution from municipal control and privatizing it, calls for vertical and horizontal unbundling, and argues that the cost-benefit analysis of different structural options should focus on investment incentives and not just current operating efficiency |
Beschreibung: | 1 Online-Ressource (81 Seiten) |
Internformat
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520 | 1 | |a One of the contentious issues in electricity reform is whether there are significant gains from restructuring systems that are moderately well run. South Africa's electricity system is a case in point. The sector's state-owned utility, Eskom, has been generating some of the lowest-priced electricity in the world, has largely achieved revenue adequacy, and has financed the bulk of the government's ambitious electrification program. Moreover, the key technical performance indicators of Eskom's generation plants have reached world-class levels. Yet the sector is confronted today with serious challenges. South Africa's electricity system is currently facing a tight demand/supply balance, and the distribution segment of the industry is in serious financial trouble. This paper provides a careful diagnostic assessment of the industry and identifies a range of policy and restructuring options to improve its performance. It suggests removing distribution from municipal control and privatizing it, calls for vertical and horizontal unbundling, and argues that the cost-benefit analysis of different structural options should focus on investment incentives and not just current operating efficiency | |
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author | Maurer, Luiz Kessides, Ioannis Nicolaos Bogetić, Željko |
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spelling | Maurer, Luiz Verfasser aut Current And Forthcoming Issues In The South African Electricity Sector Maurer, Luiz Washington, D.C The World Bank 2007 1 Online-Ressource (81 Seiten) txt rdacontent c rdamedia cr rdacarrier One of the contentious issues in electricity reform is whether there are significant gains from restructuring systems that are moderately well run. South Africa's electricity system is a case in point. The sector's state-owned utility, Eskom, has been generating some of the lowest-priced electricity in the world, has largely achieved revenue adequacy, and has financed the bulk of the government's ambitious electrification program. Moreover, the key technical performance indicators of Eskom's generation plants have reached world-class levels. Yet the sector is confronted today with serious challenges. South Africa's electricity system is currently facing a tight demand/supply balance, and the distribution segment of the industry is in serious financial trouble. This paper provides a careful diagnostic assessment of the industry and identifies a range of policy and restructuring options to improve its performance. It suggests removing distribution from municipal control and privatizing it, calls for vertical and horizontal unbundling, and argues that the cost-benefit analysis of different structural options should focus on investment incentives and not just current operating efficiency 2007 Balance Coal Coal Reserves Distribution Facilities E-Business Electricity Electricity Distribution Electricity Supply Electricity System Electricity Utilities Electrification Energy Energy Production and Transportation Environment Private Sector Development Kessides, Ioannis Nicolaos Verfasser (DE-588)170039102 aut Bogetić, Željko Verfasser (DE-588)133118150 aut Reproduktion von Maurer, Luiz Current And Forthcoming Issues In The South African Electricity Sector 2007 http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4197 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Maurer, Luiz Kessides, Ioannis Nicolaos Bogetić, Željko Current And Forthcoming Issues In The South African Electricity Sector |
title | Current And Forthcoming Issues In The South African Electricity Sector |
title_auth | Current And Forthcoming Issues In The South African Electricity Sector |
title_exact_search | Current And Forthcoming Issues In The South African Electricity Sector |
title_full | Current And Forthcoming Issues In The South African Electricity Sector Maurer, Luiz |
title_fullStr | Current And Forthcoming Issues In The South African Electricity Sector Maurer, Luiz |
title_full_unstemmed | Current And Forthcoming Issues In The South African Electricity Sector Maurer, Luiz |
title_short | Current And Forthcoming Issues In The South African Electricity Sector |
title_sort | current and forthcoming issues in the south african electricity sector |
url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4197 |
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