Shedding Light on Electricity Utilities in the Middle East and North Africa: Insights from a Performance Diagnostic
Language: English
Published by WORLD BANK PUBN, 2017
Series: Book 2 of 2 - Directions in Development;Directions in Development - Energy and Mining
- Softcover
- New
Condition: New
£ 44.59
Quantity: Over 20 available
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Über den AutorThe World Bank came into formal existence in 1945 following the international ratification of the Bretton Woods agreements. It is a vital source of financial and technical assistance to developing countries around the .
Seller Inventory # 902949510
- Title
- Shedding Light on Electricity Utilities in the Middle East and North Africa: Insights from a Performance Diagnostic
- Author
- Daniel Camos|Robert Bacon|Antonio Estache|Mohamad Mahgoub Hamid
- Publisher
- WORLD BANK PUBN
- Publication year
- 2017
- Condition
- New
- Binding
- Soft cover
- Language
- English
- ISBN 10
- 1464811822
- ISBN 13
- 9781464811821
- Series
- Book 2 of 2: Directions in Development;Directions in Development - Energy and Mining
The electricity sector in the Middle East and North Africa (MENA) suffers from a major paradox. Indeed, while the region continues to hold the world's largest oil and gas reserves and has been able to maintain electricity access rates of close to 100 percent in most of its economies, it may not be in a position to cater to the future electricity needs of its fast-growing population and their business activities. The region's primary energy demand is expected to continue to grow at an annual rate of 1.9 percent through 2035, requiring a significant increase in capacity. Investments have not been rising fast enough to meet those expectations. The main point of this report is to provide quantitative evidence of how improving utility management and more accurately targeting smaller subsidies would free up enough resources to make the needed investments and operate the sector at a lower cost. These management and policy changes would make electricity production and consumption more affordable for the region's taxpayers and could even make it more affordable for the poorest. They would also ease the transition toward renewable energy sources, reducing the dependency on imports for some economies and, for the economies that export oil and gas, extending the asset life of their nonrenewable resources.
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