This book uses electricity-sector reforms to question some of the preconceived ideas concerning the MENA region and to provide a broader analysis of related political economy issues. It presents potential further developments of MENAs electricity-sector reforms, taking into consideration the regions unique constraints and opportunities, and discusses the practical limits of reform and deregulation. Specifically, it examines the relationship between reforms and oil prices from a new perspective and presents alternatives to the Single Buyer Model.
Complementing existing research on electricity-sector reforms in other emerging markets, the book provides a new analytical framework for assessing reforms that can be easily applied to other markets and sectors.
- Introduction. - A Unique Confluence: Demographics, Socio-economics and Politics. - Three Main Drivers of Electricity- Sector Reforms. - Evaluation Step 1 -Impact on Production Costs (Performance) and Investments (Incentive). - Evaluation Step 2- How Optimal is the Sequencing of the Reform? - Evaluation step 3- Attractiveness, Feasibility. - Evaluation step 4- Credibility. - Evaluation Step 5- Remediability, or the Critical Path to Survival. - Prospects and Future of Reforms: Fuel mix Options. - Prospects and Future of Reforms: Resources Monetization. - Conclusion - Evolution of the Single Buyer Model in MENA.
Dr. Leila Benali is an authority on energy strategy and policies, advising key stakeholders, particularly in sensitive environments (e.g. the Iraqi Hydrocarbons Law, the National Economic Strategy in Libya, G20 Energy Meeting response to the 2008 crisis, East Med fuel supplies). She has extensive experience consulting on and managing projects for governments, international companies, investment bankslC<