Affordable and Clean Energy

Living Edition
| Editors: Walter Leal Filho, Anabela Marisa Azul, Luciana Brandli, Amanda Lange Salvia, Tony Wall

Assessing the Electricity Sector Reform Paradigm

Living reference work entry
DOI: https://doi.org/10.1007/978-3-319-71057-0_130-1
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Over two decades ago, electricity sector reform has been a central policy path in most developed and developing countries. The motivation for this reform in a previously state controlled/monopoly of the sector is to generate efficiency through the introduction of competition in the industry. Modelling from Chile’s reform experience in the 1980s, many countries world over have implemented a number of electricity market reforms including restructuring, liberalization, privatization, corporatization, commercialization, independent regulatory agency, independent power producers, unbundling, and wholesale electricity markets (Jamasb et al. 2005; Zhang et al. 2008; Erdogdu 2014; Urpelainen and Yang 2019). According to the World Bank (1999, 2019), the term restructuring implies the reorganization of the roles of the market players in the electricity sector for greater efficiency; liberalization denotes the removing of restrictions on entry and exit into the electricity sector to...

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Authors and Affiliations

  1. 1.Centre for Petroleum, Energy Economics and Law (CPEEL)University of IbadanIbadanNigeria

Section editors and affiliations

  • Luciana Londero Brandli
    • 1
  1. 1.University of Passo FundoPasso FundoBrazil