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Abstract

More than two decades have passed since the start of the worldwide marketoriented electricity sector reforms. The reforms have varied in terms of structure,market mechanisms, and regulation. However, the passage of time calls for takingstock of the performance of the reforms in developing countries. This paper surveys the empirical literature on electricity sector reforms and draws some conclusions with a view to the future. Overall, the reforms have tended to improvethe technical efficiency of the sector. The macroeconomic benefits of reforms areless clear and remain difficult to identify. Also, the gains from the reforms haveoften not trickled down to consumers because of institutional and regulatoryweaknesses. In order to achieve lasting benefits, reforms need to adopt measuresthat align their pursuit of economic efficiency with those of equity and provisionof access. Reforms can deliver more economic benefits and alleviate poverty whenthe poor have access to electricity. New technologies and institutional capacitybuilding can help improve the performance of reforms.

Item Type:	Article
Authors/Creators:	Jamasb, T and Nepal, R and Timilsina, GR
Keywords:	energy, reform, efficiency, poverty
Journal or Publication Title:	The Energy Journal
Publisher:	Int Assoc Energy Economics
ISSN:	0195-6574
DOI / ID Number:	https://doi.org/10.5547/01956574.38.3.tjam
Copyright Information:	Copyright 2017 IAEE
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