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Reforming The Energy Sector In Transition Economies: Selected Experience And Lessons (world Bank Discussion Paper) by Dale Gray; Banque mondiale is a book available to read on EtoBox.

What is Reforming The Energy Sector In Transition Economies: Selected Experience And Lessons (world Bank Discussion Paper) about?

The common economies of the former Soviet Union (FSU) and Central and Eastern Europe (CEE) had a large capacity to supply energy from gas and oil produced in Russia, as well as from locally produced poor quality coal and nuclear energy. Energy demand has dropped with the contraction of economic activity and the recent increase of energy prices, but there is significant scope for increased energy efficiency. There is large potential to expand exports of gas and electricity form FSU and CEE to western Europe. However, expansion of such trade in the near term is likely to be small due to transmission constraints, difficulties in agreeing on transit arrangements, and slow progress in western Europe on liberalizing energy trade. The oil sector in Russia is quite different as it faces a serious supply crisis, which will require improved regulation and large investment in flows to stabilize production. Most energy utilities remain state owned but partial privatization using voucher privatization has occurred in the Czech Republic and Russia, and Hungary is planning privatization sales. In many CEE and FSU countries there is ample supply and stagnant, or slow growth, in demand for the outp

Author

Dale Gray; Banque mondiale

Publisher

World Bank Publications

Published

1995

Language

EN

ISBN

9780585290690

Subjects

Business, Science, Engineering