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Teoria de Grupos de Pressão e Uso Político do Setor Elétrico Brasileiro; Pressure Groups Theory and the Political Use of the Brazilian Electricity Sector

Monteiro, Eduardo Muller Rocha
Fonte: Biblioteca Digitais de Teses e Dissertações da USP Publicador: Biblioteca Digitais de Teses e Dissertações da USP
Tipo: Dissertação de Mestrado Formato: application/pdf
Publicado em 16/02/2007 PT
Relevância na Pesquisa
66.44%
Os analistas que se limitam a entender a dinâmica do Setor Elétrico Brasileiro (SEB) com base em estudos técnicos e econômicos deixam de incorporar a seus modelos a força dos fenômenos políticos que também o influenciam. Com receitas anuais superiores a R$110 bilhões (US$ 50 bilhões) em 2005 e uma configuração institucional intrincada, este setor da economia sempre foi fortemente marcado por forças políticas. Para dar um tratamento mais estruturado a tais forças, adota-se como ferramenta analítica a Teoria de Grupos de Pressão desenvolvida por Gary S. Becker, prêmio Nobel de Economia em 1992. Esta teoria expressa a competição entre grupos pela influência política que os mesmos são capazes de exercer e que, em última análise, resulta em benefícios econômicos, representados no modelo de Becker pela diminuição de impostos pagos ou aumento de subsídios recebidos. Este trabalho tem dois objetivos principais: propor uma metodologia de análise de uso político no SEB com base na Teoria de Grupos de Pressão e, pelo estudo de dois casos, examinar hipóteses de uso político no SEB. O primeiro caso observa a evolução de impostos e encargos sobre a tarifa de eletricidade e demonstra como o setor foi crescentemente usado por grupos de pressão política como fonte eficiente de arrecadação de recursos. O segundo caso analisa as regras e resultados de um leilão de energia promovido pelo governo brasileiro e discute hipóteses sobre o impacto de decisões políticas sobre os comportamentos dos competidores.; The analists who explain the dynamics of the Brazilian Electricity Sector (BES) based exclusively on technical and economic studies forego the impact of the political phenomena which also influence this Sector...

Métricas e estratégias de bloqueio de uso político nas empresas do setor elétrico brasileiro; Metrics and Strategies for Blockage of Political Use in the Brazilian Electricity Sector Companies

Monteiro, Eduardo Muller Rocha
Fonte: Biblioteca Digitais de Teses e Dissertações da USP Publicador: Biblioteca Digitais de Teses e Dissertações da USP
Tipo: Tese de Doutorado Formato: application/pdf
Publicado em 19/12/2011 PT
Relevância na Pesquisa
66.29%
Esta tese analisa o impacto de interferências políticas sobre o valor das empresas do Setor Elétrico Brasileiro (SEB) e propõe estratégias e métricas para interromper a destruição de valor econômico e bloquear o uso político. A observação de manifestações de interferência política ao longo de oito anos e o acúmulo de farta documentação possibilitaram o estudo empírico de duas empresas estatais submetidas ao uso político nas formas de populismo tarifário e loteamento político-partidário. A aplicação de uma metodologia concebida para avaliar hipóteses de manifestação de interferência política permitiu concluir que os dois tipos de uso político são explicados pela Teoria de Grupos de Pressão de Gary Becker. Além disso, a destruição de valor econômico devido aos usos políticos foi bilionária em ambas as empresas e os grupos de pressão beneficiados e prejudicados foram identificados. As estratégias propostas para bloquear tais usos políticos nas empresas do SEB envolvem a implementação de quatro etapas: imposição de critérios meritocráticos no recrutamento de gestores de empresas estatais; divulgação transparente de resultados econômico-financeiros; definição de indicadores e metas gerenciais objetivos; e implantação de mecanismos de incentivos e penalidades baseados em desempenho. O percurso metodológico adotado pode ser extrapolado para outros setores e países e oferece contribuições a gestores públicos...

People and Power : Electricity Sector Reforms and the Poor in Europe and Central Asia

Lampietti, Julian A.; Banerjee, Sudeshna Ghosh; Branczik, Amelia
Fonte: Washington, DC: World Bank Publicador: Washington, DC: World Bank
EN_US
Relevância na Pesquisa
66.59%
Empirical insights on household behavior and electricity consumption patterns in this book reveal that, in Europe and Central Asia, the erosion of tariff based subsidies has disproportionately affected the poor, while direct transfers through social benefit systems have often been inadequately targeted. The book suggests alternative strategies for achieving cost-recovery in the electricity sector in a socially and politically acceptable manner, providing lessons that are equally relevant for other utilities and regions.

Revisiting Policy Options on the Market Structure in the Power Sector

World Bank
Fonte: Washington, DC Publicador: Washington, DC
EN_US
Relevância na Pesquisa
56.66%
The objectives of this study are to develop a taxonomy of the existing power market structures, as shown by the extent of vertical and horizontal unbundling found among restructured power systems, across developing countries; to design an analytical framework for assessing the desirability of unbundling under the variety of economic conditions found among developing countries; and To propose insights for operational guidance on alternative market structures based on relevant criteria, in particular on the initial conditions of a country and its power sector. The study specifically examines whether power system size and country per capita income can be reliable indicators of initial conditions for guiding policy on power market structure. This guidance is needed to address issues such as whether there are solid foundations for recommending vertical unbundling for small power systems in low-income countries, particularly in the absence of short term privatization prospects. The policy recommendations therefore have to be tailored to the specific taxonomy of market structures that characterize the electricity sector in developing countries. The study reports the evidence from econometric analysis and case studies on the (relative) success of achieving the objectives of unbundling. These objectives may be to enhance transparency and governance...

Syrian Arab Republic Electricity Sector Strategy Note

World Bank
Fonte: Washington, DC Publicador: Washington, DC
EN_US
Relevância na Pesquisa
66.68%
This electricity sector strategy note was prepared by the World Bank, at the request of the Government of Syria. It identifies options for the Government to improve the financial and technical performance of the electricity sector. The note focuses in particular on the following major sector objectives: a) increasing the efficiency of the electric power sector, including by reducing large technical and commercial losses now standing at 27 percent of demand; b) reducing the growing gap between demand and supply of electricity through capacity expansion, thus enhancing security of electricity supply and reducing power outages; c) increasing security of supply further in an environmentally sustainable manner by developing vigorous energy efficiency and renewable energy programs; d) encouraging regional energy integration through a series of targeted investments in electric power and natural gas; e) attracting private sector investment into generation capacity expansion, including in renewable energy, through independent power producers; and f) making the electricity sector financially viable and coordinating natural gas production plans with electricity generation requirements.

La industria de la electricidad: análisis del sector eléctrico español; The electricity industry: analysis of the spanish electricity sector

Mantilla de Miguel, Álvaro
Fonte: Universidade de Cantabria Publicador: Universidade de Cantabria
Tipo: Trabalho de Conclusão de Curso
SPA
Relevância na Pesquisa
66.63%
RESUMEN: La electricidad, como todos sabemos, es esencial para la vida moderna y representa alrededor de una quinta parte de toda la energía final consumida en la Unión Europea, la cual, desde 1996, ha propiciado la liberalización del sector eléctrico. Durante los últimos años los mercados mayoristas de la electricidad se han desarrollado en la mayoría de los estados de la UE permitiendo elaborar contratos estándar de electricidad a los productores de dicho servicio y también a los grandes proveedores. En este trabajo se analizará en primer lugar la situación de este sector tan importante en la economía, comenzando brevemente por su funcionamiento y su manera de actuar en el mercado. Continuando con la defensa de la competencia y el poder de mercado en las eléctricas, prestando especial atención a los conceptos más relevantes y destacando la fijación de precios mediante subastas. Posteriormente, se explicará el mercado mayorista y minorista así como la manera de actuar de cada uno de ellos. También se estudiará la evolución de los precios en los últimos años y una comparativa europea sobre las respectivas variaciones. En segundo lugar, uno de los aspectos más complejos del sector, la regulación. En la que siempre ha habido una intervención importante a lo largo de los años por parte del Gobierno (competencia del Ministerio de Industria...

Renewable technologies for energy security: institutions and investment in Fiji's electricity sector

Dornan, Matthew
Fonte: Universidade Nacional da Austrália Publicador: Universidade Nacional da Austrália
Tipo: Thesis (PhD); Doctor of Philosophy (PhD)
EN_AU
Relevância na Pesquisa
56.62%
Renewable energy technologies have been advocated in Fiji's electricity sector on the basis that they improve energy security and serve as a risk-mitigation measure against oil price increases. This follows a decade of significant oil price volatility and historically high oil prices, which negatively affected the oil-dependent electricity sector in Fiji and other Small Island Developing States in the Pacific. This dissertation examines the extent to which renewable technologies can improve energy security in the electricity grid and in rural off-grid areas of Fiji. The main contributions from the research are a novel empirical analysis of generation cost-risk in the electricity grid; an analysis of institutions governing power sector investment; a survey, interview and focus group-based analysis of rural electricity supply; and an evaluation of implications of the research findings for policy. In Fiji's electricity grid, threats to energy security are primarily the result of increased generation costs and their impact on electricity prices. Risk is therefore financial. In this thesis, it is assessed using portfolio theory. Detailed data on costs and variability is fed into a stochastic portfolio model, which is developed to analyse the impact of renewable technologies on generation costs and financial risk in Fiji's electricity grid looking forward to 2025. The analysis demonstrates that renewable technologies can be expected to significantly improve the security of electricity supply through diversification...

Electricity Reform in Ukraine : The Impact of Weak Goverance and Budget Crises

Lovei, Laszlo
Fonte: World Bank, Washington, DC Publicador: World Bank, Washington, DC
Tipo: Publications & Research :: Viewpoint; Publications & Research
ENGLISH
Relevância na Pesquisa
56.6%
Although reform of Ukraine's electricity sector is far from complete, the experience so far shows that ingrained attitudes are harder to change than written rules of the game. Moreover, the reemergence of old behavioral patterns during political, macroeconomic, or sectoral crises can quickly undermine early gains from reform. Thus the long time needed to achieve deep and irreversible changes places a high premium on stamina and patience for reformers. By contrast, and contrary to some predictions, in Ukraine it was relatively easy to put in place the basic systems for a functioning competitive electricity market. Dispatch center, generation, and distribution company employees quickly learned to work with the new procedures and demonstrated a remarkable ability to adapt imported solutions to local conditions.

Options for the Development of Liberia's Energy Sector

World Bank
Fonte: Washington, DC Publicador: Washington, DC
Tipo: Economic & Sector Work :: Energy Study; Economic & Sector Work
ENGLISH; EN_US
Relevância na Pesquisa
56.65%
Liberia suffered successive armed conflicts from 1989 to 2003 that devastated its economy, infrastructure, human capital, and institutions, including those of the energy sector. The Accra peace agreement of August 2003 marked a transition toward national reconciliation and stabilization that allowed the country to hold elections in 2005. The newly elected Government endorsed programs and policies aimed at improving governance, building capacity, and managing post conflict recovery through stabilizing the economy and supporting economic reconstruction. The purpose of this paper is to present stakeholders in the Liberian energy sector-and the Liberian citizen in general-with options that might expand access and modernize energy services. The four pillars of the National Energy Policy (NEP) are: 1) universal energy access, including the development of an energy master plan; 2) least-cost production of energy and protection of the most vulnerable households; 3) the adoption of international best practices in the electricity sector; and 4) the acceleration of public and private partnership in the sector. The electricity demand estimate for Liberia has been based on available data...

Current and Forthcoming Issues in the South African Electricity Sector

Kessides, Ioannis N.; Bogetic, Zeljko; Maurer, Luiz
Fonte: World Bank, Washington, DC Publicador: World Bank, Washington, DC
Tipo: Publications & Research :: Policy Research Working Paper; Publications & Research
ENGLISH
Relevância na Pesquisa
56.65%
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...

Lebanon : Electricity Sector Public Expenditure Review

World Bank
Fonte: Washington, DC Publicador: Washington, DC
Tipo: Economic & Sector Work :: Public Expenditure Review; Economic & Sector Work
ENGLISH
Relevância na Pesquisa
66.69%
The Lebanese electricity sector is at the heart of a deep crisis. The sector is unable to supply the reliable electricity needed by homes, offices and industry. It is a massive drain on government finances, crowding out more valuable expenditures on education, infrastructure, social protection, and health, and putting macroeconomic stability at risk. The sector accumulates huge debt with little to show for it, and those who are least able to provide for themselves suffer the consequences most. The state of the electricity sector symbolizes to the public Lebanon's profound challenges of governance, inclusion and accountability. This report includes detailed calculations on these estimated high costs to the public. This additional spending and revenue loss has an obvious negative impact on these consumer categories, but also makes implementation of other macro-critical, non electricity sector reforms, difficult; as consumers have difficulty absorbing increased overall spending (for example tax increases). As such...

The Transition from Underpricing Residential Electricity in Bangladesh : Fiscal and Distributional Impacts

Ahmed, Faizuddin; Trimble, Chris; Yoshida, Nobuo
Fonte: World Bank, Washington, DC Publicador: World Bank, Washington, DC
Tipo: Economic & Sector Work :: Policy Note; Economic & Sector Work
ENGLISH; EN_US
Relevância na Pesquisa
56.67%
The electricity sector in Bangladesh has been facing unprecedented challenges, with severe capacity constraints and sector subsidies that quadrupled from 0.2 percent to 0.8 percent of gross domestic product (GDP) between 2010 and 2012, driving the government's fiscal deficit deeper. This policy note examines the poverty and distribution impact of one such reform-residential electricity tariff increases-along with their fiscal implications. A challenge of such adjustments is how to minimize their impact on the poor and vulnerable. Using household survey data, this report studies the distributional and fiscal implications of the residential tariff adjustments between March 2010 and March 2012 on to inform policy dialogue on the provision and targeting of electricity subsidies. Electricity subsidies are defined as the difference between the cost of supplying a unit of electricity and the tariff the end-user is charged for a given unit. Between 2010 and 2012, real cost of supply increased almost 20 percent. This policy note focuses on just one part of a much broader and complex system of connected energy policies. The policy implications of this analysis should only be considered in light of this broader context. In particular...

From Crisis to Stability in the Armenian Power Sector : Lessons Learned from Armenia's Energy Reform Experience

Sargsyan, Gevorg; Balabanyan, Ani; Hankinson, Denzel
Fonte: Washington, DC: World Bank Publicador: Washington, DC: World Bank
Tipo: Publications & Research :: Publication; Publications & Research :: Publication
ENGLISH; EN_US
Relevância na Pesquisa
56.68%
In the wake of the Soviet Union's collapse, Armenia, like other former Soviet republics, began to struggle with the implications of its newfound independence. In the electricity sector, this meant learning how to manage and sustain a fragment of a system that had never been designed to function as a stand-alone grid. Armenia's electricity system-and, indeed, its entire energy supply system-had been designed to operate as part of a much larger, integrated Trans-Caucasus system. Plants were built to run on fuel imported from thousands of miles away, from neighbors who, with the Soviet Union gone, could offer little certainty that such supply would continue under terms that Armenia could afford. The problems with this system began to show in 1992. The start of the war over Nagorno Karabakh, and the resulting imposition by Azerbaijan and Turkey of an economic blockade, cut off Armenia's only source of gas and oil for its thermal plants. Four years prior to that, a massive earthquake had forced a shut down of the Medzamor nuclear power plant...

Planning for Higher Oil Prices : Power Sector Impact in Latin America and the Caribbean

Yépez-García, Rigoberto Ariel; San Vicente Portes, Luis; García, Luis Enrique
Fonte: World Bank, Washington, DC Publicador: World Bank, Washington, DC
Tipo: Economic & Sector Work :: Energy Study
ENGLISH; EN_US
Relevância na Pesquisa
56.63%
A scenario with higher oil prices has important implications for diverting from oil-based technologies to renewables, as well as gas, coal, and nuclear alternatives. By 2030, energy demand in Latin America and the Caribbean (LAC) is expected to double from 2008 levels. A key issue is deciding on the most appropriate mix of fuels for power generation, given the various prices of energy sources and technologies, as well as availability of renewable energy. The study's broad aim is to evaluate the impact of higher oil prices on the cost of generating electricity in countries of the LAC region so that better-informed energy policy planners can buffer future adverse effects. The study defines high oil prices as those above United States (U.S.) $100 per barrel. This price is considered a reasonable starting point for discussion given the recent range in oil prices, which averaged $95 a barrel in 2011. A price of $150 per barrel is defined as considerably high yet plausible given historical and current price levels...

Reforming the Russian Electricity Sector

Wilson, Margaret
Fonte: World Bank, Washington, DC Publicador: World Bank, Washington, DC
Tipo: Publications & Research :: Viewpoint; Publications & Research
ENGLISH
Relevância na Pesquisa
66.59%
Russia's power system is enormous consisting of more than 200 gigawatts of generation capacity, most of it interconnected by 2.5 million kilometers of high-voltage transmission lines spanning an area only slightly smaller than the United States and Canada combined. In early 1997 the Russian government approved in principle the now-common model of electricity sector reform: vertically separating generation, transmission, and distribution; introducing competition where possible; strengthening the regulation of functions less amenable to competition; and divesting government ownership. This model has been implemented in many countries, and the story of the reform would be relatively routine if not for special characteristics of the Russian power system: its size, diverse ownership, high level of nonpayments, and the combined heat and power role of many generating plants. This Note outlines the challenges posed by these characteristics and reports on reform achievements so far.

Rethinking Electricity Tariffs and Subsidies in Pakistan

Trimble, Chris; Yoshida, Nobuo; Saqib, Mohammad
Fonte: World Bank, Washington, DC Publicador: World Bank, Washington, DC
Tipo: Economic & Sector Work :: Policy Note; Economic & Sector Work
ENGLISH; EN_US
Relevância na Pesquisa
56.62%
Pakistan's electricity sector is in crisis: extended periods of blackouts persisted in 2010 and circular debt is increasing. Despite investments in generation capacity, electricity demand continues to exceed supply, with blackouts as long as 8-10 hours per day in cities and sometimes double that in rural areas, and is widely recognized as a severe obstacle to growth and poverty reduction. In November 2010, the government was forced to rent the world's largest power ship to boost generation capacity. Meanwhile, the government of Pakistan's (GOP) inability to finance its commitment to fund subsidies, inefficiencies of the sector entities including low collections, delays in determination and notifications, and increased cost of fuel imports contribute to an increasingly severe circular debt problem. The analysis shows that given the current cost of electricity supply, the March 2011 tariff structure will improve the benefit incidence of electricity subsidies for residential users and reduce fiscal burden significantly in comparison to March 2008. For example...

Assessment and Action Plan to Improve Payment for Electricity Services in the Palestinian Territories

World Bank Group
Fonte: Washington, DC Publicador: Washington, DC
Tipo: Economic & Sector Work; Economic & Sector Work :: Energy Study
ENGLISH; EN_US
Relevância na Pesquisa
56.68%
The Palestinian Territories (West Bank and Gaza Strip) are highly dependent on energy imports from neighboring countries because of its lack of domestic energy resources. The Israeli Electricity Corporation (IEC) is the largest supplier of electricity to the Territories, supplying around 88 percent of its total electricity consumption. In this context the Palestinian Authority (PA) has been actively engaged in a comprehensive reform of the electricity sector to increase its overall efficiency, bringing in the commitment and involvement of all stakeholders and resulting in the creation of a well-structured electricity market. Alongside steady increase in electricity consumption, however, non-payment for electricity imported from the IEC has increased over the past few years, amounting to 58 percent of its total cost. The non-payments or partial payments of these bills create deficient for the IEC, which then leads the Israeli government to proceed with monthly deductions from the clearance revenue, thus accruing as debt. This assessment aims to precisely understand the sources and the reasons for non-payment of electricity in the Territories and to develop an action plan based on current programs and activities led by the Palestinian Energy and Natural Resources Authority (PENRA) and the donor community. The impacts of non-payment for electricity on the complete financial payment cycle are assessed in detail. An overview of the Palestinian Electricity Sector is provided in Chapter 2...

CAPITAL BUDGETING PRATICE: A COMPARATIVE STUDY AMONG ELECTRICITY SECTOR COMPANIES; ; PRÁTICAS DE ORÇAMENTO DE CAPITAL: UM ESTUDO COMPARATIVO ENTRE EMPRESAS DO SETOR ELÉTRICO

da Silva, Tiago Lucimar; Universidade Federal de Santa Catarina; Lunkes, Rogério João
Fonte: UNIVERSIDADE FEDERAL DO PARANÁ - ACCOUNTING DEPARTMENT Publicador: UNIVERSIDADE FEDERAL DO PARANÁ - ACCOUNTING DEPARTMENT
Tipo: info:eu-repo/semantics/article; info:eu-repo/semantics/publishedVersion; ; ; ; Formato: application/pdf
Publicado em 02/09/2013 POR
Relevância na Pesquisa
66.43%
This paper aims to provide evidence about the practices of the capital budgeting for electricity sector companies. To achieve the objective of the study is used a questionnaire to collect data of three electricity sector companies, with operations in generation, transmission and distribution of electricity. The results show that among the methods used to evaluate the investment budget, the discounted cash flow is predominant, and the weighted average cost of capital in setting the minimum rate of return acceptable for new investments, this rate is not equal for all investments. The research shows that the scenario analysis and Monte Carlo simulation are the main techniques adopted by companies in risk analysis of investments, while the critical stage of the investment process is the implementation of the project. It is also worth noting that all the companies highlight the event of uncertainty or predictability when it comes to financial market behavior. Moreover, globally, the information related to the flow of outputs and inputs projected cost of capital and minimum rate of return in addition to the macroeconomic data are obtained more often by companies.; Este artigo tem como objetivo fornecer evidências sobre as práticas do orçamento de capital em empresas do setor elétrico. Para atingir o objetivo do estudo utiliza-se de questionário para coletar os dados das três empresas do setor elétrico...

Aspects of the electricity sector in Portugal: recent developments and prospects; Aspects of the electricity sector in Portugal: recent developments and prospects; O Relacionamento entre Governança e Desempenho nas Companhias Abertas Brasileiras

Lameira, Valdir de Jesus; INESC; Ness Jr., Walter Lee; PUC-Rio; Quelhas, Osvaldo Luis Gonçalves; UFF; Pereira, Roberto; UFF
Fonte: Universidade Federal Fluminense - LATEC Publicador: Universidade Federal Fluminense - LATEC
Tipo: info:eu-repo/semantics/article; info:eu-repo/semantics/publishedVersion; Formato: application/pdf
Publicado em 23/03/2012 POR
Relevância na Pesquisa
56.6%
An analysis of the current state of the Portuguese electricity sector is the central objective of this article. Initially, an overview of the framework of energy in Portugal, providing information concerning the energy matrix and energy consumption and indicators was showed. Then, the investigation has widened in the electricity sector, seeking to present their sources of production, characteristics of the trading market, information about regulation and the outlook for generation from renewable energy generation. The study was developed based on literature research with primary and secondary data. The final goal is to build a comprehensive panel of the present situation and prospects of the electricity sector in Portugal.; An analysis of the current state of the Portuguese electricity sector is the central objective of this article. Initially, an overview of the framework of energy in Portugal, providing information concerning the energy matrix and energy consumption and indicators was showed. Then, the investigation has widened in the electricity sector, seeking to present their sources of production, characteristics of the trading market, information about regulation and the outlook for generation from renewable energy generation. The study was developed based on literature research with primary and secondary data. The final goal is to build a comprehensive panel of the present situation and prospects of the electricity sector in Portugal.; Nesta pesquisa procurou-se estimar a qualidade da governança praticada por uma amostra significativade companhias abertas brasileiras por meio de um índice composto por 20 perguntas de respostas binárias...

Stakeholder perceptions in the factors constraining the development and implementation of public private partnerships in the Ugandan electricity sector

Akampurira,Emmanuel; Root,David; Shakantu,Winston
Fonte: Journal of Energy in Southern Africa Publicador: Journal of Energy in Southern Africa
Tipo: Artigo de Revista Científica Formato: text/html
Publicado em 01/01/2009 EN
Relevância na Pesquisa
66.53%
Amidst increasingly constrained public budgets and inadequate service delivery, private sector participation through public private partnerships is increasingly being used as a means for delivering physical infrastructure. The government of Uganda, which is currently grappling with a crippling electricity power deficit, has over the years, pursued a number of strategies to encourage private sector participation in the electricity sector, but with limited success. This paper presents the findings of research into the relative importance as perceived by sector stakeholders, of factors that hamstring private sector participation in the development of hydropower generation facilities through public private partnerships in Uganda. The stakeholders considered in this paper are those representing the government and private sector entities in the development of the partnerships. A review of literature and project documents enabled the identification of relevant factors. Data was collected from the respondents by means of a self administered structured questionnaire and quantitative methods used for data analysis. Key findings from the research indicate that the respondents regarded the regulatory and legal frameworks as being attractive for private sector participation and this business environment is further enhanced by their confidence in the government's commitment to honour its contractual obligations. In contrast...