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DOI10.1016/j.enpol.2022.113291
Independent power producers and deregulation in an island based small electricity system: The case of Papua New Guinea
Nepal, Rabindra; Sofe, Ronald; Jamasb, Tooraj; Ramiah, Vikash
发表日期2023
ISSN0301-4215
EISSN1873-6777
卷号172页码:12
英文摘要The small island economy of Papua New Guinea (PNG) is facing severe electricity shortages and is therefore turning to implementing broader power sector reforms as a vehicle to attract private capital and investments in electricity generation. This study, based on a case-study approach, revisits the reform progress and plans in the electricity sector of PNG alongside the development and integration of IPPs in its small power system. Lessons of reform experiences and IPPs integration are drawn from three other smaller systems of Nepal, Nicaragua and the Northern Territory of Australia including stakeholder consultations, which includes two IPPs of PNG. We find a widening gap between reform 'theory' and 'practice' in the PNG power sector. Cost reflective pricing is imple-mented while cost recovery is never achieved by the vertically integrated state-owned utility and the insolvency of this state-owned single buyer poses the greatest perceived revenue risk to the IPPs. This lack of revenue reimbursement to the IPPs by the single buyer is a barrier towards attracting private capital into electricity generation. We recommend that strong political will and strengthening of institutional arrangements are urgent reform measures to attract private capital in power generation as political instability continue.
英文关键词Reforms; Small systems; Political instability; Independent power producers; Regulation
学科领域Economics; Energy & Fuels; Environmental Sciences; Environmental Studies
语种英语
WOS研究方向Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology
WOS记录号WOS:000882273700006
来源期刊ENERGY POLICY
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/272363
作者单位University of Wollongong; Copenhagen Business School; University of Wollongong
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GB/T 7714
Nepal, Rabindra,Sofe, Ronald,Jamasb, Tooraj,et al. Independent power producers and deregulation in an island based small electricity system: The case of Papua New Guinea[J],2023,172:12.
APA Nepal, Rabindra,Sofe, Ronald,Jamasb, Tooraj,&Ramiah, Vikash.(2023).Independent power producers and deregulation in an island based small electricity system: The case of Papua New Guinea.ENERGY POLICY,172,12.
MLA Nepal, Rabindra,et al."Independent power producers and deregulation in an island based small electricity system: The case of Papua New Guinea".ENERGY POLICY 172(2023):12.
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