Suchergebnisse

This study was to analyze the future role of natural gas in the energy mix of countries of South East Europe. The study further identifies regional, cross-border and country-specific gas infrastructure projects that are economically, financially and technically sound. The study also analyses, and makes proposals for, the institutional and policy issues relating to funding and implementing gas infrastructure projects. The study examines sources of gas supply from Russia, the Caspian region and other current and prospective producer countries through Turkey and other transit routes (including LNG) and assesses costs of supply and gasification prospects in nine gas markets in the South East Europe region:. Albania. Bosnia and Herzegovina. Bulgaria. Croatia. Kosovo. Macedonia. Montenegro. Romania. Serbia. These markets are all signatories of the Athens Memoranda of 2002 and 2003, which commit the participants to regional cooperation in electricity and gas.

Vietnam's power sector has developed rapidly since the 1990s to become a top performer among developing countries. This success has occurred mostly under a state-owned utility, Electricity Vietnam. Select market-oriented reforms to date have also had some positive impact. By the late 1990s, the Government realized the need to gradually introduce competition to ensure long-term sustainability without jeopardizing security of supply for the fast-growing economy. Vietnam's 2004 Electricity Law has provided the framework to develop a competitive power market, unbundle Electricity Vietnam, set prices that better reflect costs, promote private investment, and establish a regulatory authority. Today, state-owned entities continue to dominate the sector. Whereas the power market is partially competitive, improved operational efficiency and financial performance of generators in this market has contributed to keeping generation costs relatively low. Plans are broadly on track for further extensive reforms, including a clean energy transition. Lessons include that state-centric institutions can develop the power sector with top-level government commitment, highly-qualified staff, and consensus among sector institutions. Gradual reforms offer an opportunity to learn by doing; yet, the sequence of reforms matters. Introducing market mechanisms ahead of other elements may limit the market effectiveness and even make subsequent reform steps more difficult.