Energy Pricing Strategy in Egypt
The present report is the final deliverable of the consulting study, an energy pricing strategy for Egypt, undertaken for the Government of Egypt with World Bank financing. The purpose of the report is threefold: to provide an overview and summariz...
| Main Authors: | , |
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| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2009/06/20480088/egypt-consulting-services-energy-pricing-strategy-final-report http://hdl.handle.net/10986/21131 |
| Summary: | The present report is the final
deliverable of the consulting study, an energy pricing
strategy for Egypt, undertaken for the Government of Egypt
with World Bank financing. The purpose of the report is
threefold: to provide an overview and summarize key aspects
of the project, and integrate the main findings that have
been presented in a series of separate reports developed
during the project; to provide specific recommendations for
energy prices and levels, the transition path to full
cost-reflective prices and the mitigation support to
accompany the pricing reform; and to provide an overview of
the organizational arrangements and key actions for
implementing the energy pricing strategy. The present report
comprises of the following sections: section one gives
introduction, section two provides an overview of key
elements of the study, including its objectives and tasks,
the rationale for reforming energy prices, and the
methodology for determining cost-reflective prices and
assessing the impact of implementing them. Section three
contains the recommended energy prices over the suggested
transition period, together with the subsidies that continue
to apply during the transition, and proposals for modifying
prices in accordance with movements in key price-determining
parameters. Section four sets out the minimum levels of cash
compensation that the authors recommend are provided to
eligible households for the mitigation of negative impacts
during the reform and transition period. Section five
discusses the organizational arrangements for implementing,
monitoring and evaluating the energy pricing strategy. The
final section contains the action plan for implementing the strategy. |
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