Description: Five Keys to Power Up a Private-Sector Participation Transaction : The Albanian Experience

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Five Keys to Power Up a Private-Sector Participation Transaction : The Albanian Experience

Privatizing electricity utilities while policy and regulatory reforms are still ongoing may not always be advisable. However, International Finance Corporations' (IFC's) experience with privatization of electricity distribution in Albania...

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Bibliographic Details
Main Author:	Progri, Ariana
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ADJUSTMENT MECHANISM ADVERSE EFFECT ALLOCATION OF RISK BALANCE BID BIDS COMMERCIAL BANK COMPETITIVE ELECTRICITY COMPETITIVE ELECTRICITY MARKET CONTRACTUAL AGREEMENTS CONTRACTUAL ISSUES COST OF ENERGY DEBT DEVELOPING COUNTRIES DISPUTE RESOLUTION DISTRIBUTION LOSSES DISTRIBUTION NETWORK DISTRIBUTION NETWORKS DISTRIBUTION SYSTEM ELECTRICITY ELECTRICITY DISTRIBUTION ELECTRICITY DISTRIBUTION COMPANY ELECTRICITY DISTRIBUTION SECTOR ELECTRICITY DISTRIBUTION UTILITIES ELECTRICITY MARKET ELECTRICITY SECTOR ELECTRICITY SUPPLY ELECTRICITY UTILITIES ELECTRICITY UTILITY ENERGY PRICING EXPORTER FINANCIAL INSTRUMENT FINANCIAL STABILITY GENERATION GOVERNMENT OWNERSHIP HEAVY RELIANCE IMPLEMENTATION PROCESS INTERCONNECTION CAPACITIES INTERNATIONAL DEVELOPMENT INVESTOR INTEREST LETTER OF CREDIT LIBERALIZATION LONG-TERM DEBT MARKET PRICES MISMANAGEMENT NEW MARKET OPERATING COSTS PARTIAL RISK PERFORMANCE INDICATORS PERFORMANCE STANDARDS POLITICAL RISKS POTENTIAL INVESTORS POWER PRIVATE INVESTORS PRIVATE SECTOR PRIVATIZATION QUALITY OF SERVICE REGULATOR REGULATORY FRAMEWORK REGULATORY FRAMEWORKS REGULATORY REFORMS REGULATORY REGIME REGULATORY REGIMES REGULATORY RISKS RENEGOTIATIONS RESULT RESULTS RETURN SERVICE QUALITY STRATEGIC INVESTOR SUPPLY FUNCTION SUPPLY OF ELECTRICITY TARIFF LEVELS TRACK RECORD TRANSACTION TRANSITION ECONOMIES
Online Access:	http://documents.worldbank.org/curated/en/2009/11/11644172/five-keys-power-up-private-sector-participation-transaction-albanian-experience http://hdl.handle.net/10986/10519

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Summary:	Privatizing electricity utilities while policy and regulatory reforms are still ongoing may not always be advisable. However, International Finance Corporations' (IFC's) experience with privatization of electricity distribution in Albania shows that when there is strong political will and commitment, when the process of privatization is well integrated with other reform initiatives, and when a fair public-private balance is maintained, it is possible to successfully introduce private-sector participation.