...The Energy Reform will allow our country to develop in the energy section, without privatizing the enterprises that are in charge of providing electric energy or petroleum. The main objectives of this reform are: • Mexico will remain owner of the petroleum that exists in its underground. • Modernize and strengthen CFE and PEMEX, while remaining public. • Allow the nation have control over its electric system, this in order to reduce electricity cost. • Have plenty stocks of energizers at better prices. • Encourage the development with a social responsibility and taking care of the environment. • Attract investments towards the Mexican energy sector in order to promote the countries development. In comparison to U.S.A, the electricity bills are 73% more expensive here than there. This represents a great obstacle for economic development in our country because electricity is necessary in the industrial, commercial and service areas. One reason for this to happen may be the fact that there is a great lack of investments in this particular service. Regarding the distribution, now a days there are significant inefficiencies. The losses of energy in Mexico are almost twice the average of other OCDE countries. Above 21% of the produce energy by CFE is not paid. New Model Characteristics Constitutional Article 27: It is established that the planning and control of the national electric system, such as the transfer...
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...Indonesia’s Fuel Subsidies: Action plan for reform David Braithwaite Alexander Chandra Prasetyaning Diah R. L. Ami Indriyanto Kerryn Lang Lucky Lontoh Nataliawati Siahaan Damon Vis-Dunbar Bobby A. Wattimena Unggung Widhiantoro Peter Wooders NE SI A N I N S TI TU T E F OR E N E RG IN DO I I EE FO U N D AT I O N C O NOM I YE CS March 2012 www.iisd.org/gsi © 2012 The International Institute for Sustainable Development © 2012 The International Institute for Sustainable Development Published by the International Institute for Sustainable Development. About IISD The International Institute for Sustainable Development (IISD) contributes to sustainable development by advancing policy recommendations on international trade and investment, economic policy, climate change and energy, and management of natural and social capital, as well as the enabling role of communication technologies in these areas. We report on international negotiations and disseminate knowledge gained through collaborative projects, resulting in more rigorous research, capacity building in developing countries, better networks spanning the North and the South, and better global connections among researchers, practitioners, citizens and policy-makers. IISD’s vision is better living for all—sustainably; its mission is to champion innovation, enabling societies to live sustainably. IISD is registered as a charitable organization in Canada and has 501(c)(3) status in the United...
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...For a long time, low energy efficiency, irrational allocation of energy products, relatively low energy prices, resulting in excessive energy consumption, serious waste and lead to serious environmental pollution problems, energy prices have to reform must be to the point. However, due to the energy related to people's livelihood, energy price reform should give full consideration to the general population, especially low-income people can afford. In addition, from the previous energy price reform, due to the timing of immature and too extensive ways, the result of multiple causes of the price reform of energy prices, some residents of a backlash. Today, the international crude oil market supply exceeds demand, prices continued to fall and thus driving down prices, energy price reform are to provide a larger buffer...
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...Energy of Ukraine Challenges & Opportunities Ukraine has excellent natural reserves Natural Gas Reserves R: 1 Tcm, P: 20 bcm Uranium Reserves >100 years, P: 3000 kton Oil Reserves R: 900 Mton, P: 3 Mton Hard Coal Reserves R: 56 Bton, P: 28 Mton Challenges • • • • • War at East & Debt build-up (~1 bUSD) Loss of anthracite coal and thermal generation Dependence on Russia in gas supply Oil prices drop and pressure on margin in E&D State budget austerity and crises in national bank system • Cross-subsidies and disproportion in tariffs on gas and electricity • Manual mode of management in state enterprises Opportunities • • • • Diversification of supply: gas, coal, nuclear fuel De-monopolization: all sectors but nuclear Privatization: coal mines, thermal generation Cut energy consumption: metering, house isolation, ESCO market • Closeness of EU markets: integration and synchronization with bigger energy markets Mid-term Strategy • Efficient use of energy • • • • Mandatory metering of all utilities Market-based tariffs Preferential loans for house insulation Incentives to flatten intraday electricity consumption • Increase of domestic production • • • • • • Implementation of 3rd Energy Package Revision of tax regime Free access to geo-data Auction of licenses Gasification of coal Developing own production of nuclear power cells • Diversification of supplies • • • • Gas reverse & Hub ...
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...the same time, combined with the growing dependence of gas supplies coming from a few foreign exporters. As a result of this, new EU regulations and polices are proposed. This paper will analyze the past gas reforms and will try to assess the impact of those regulations on prices for natural gas and also investigate the competition of the EU natural gas market. The empirical analysis will focus on reform indicators such as vertical integration and market structure of the natural gas market, in order to show how these indicators are related to prices. By Kirill Osaulenko Content 1.0 Introduction ……………………………………………………..3 2.0 Literature Review ……………………………………………….3 2.1 The Structure Of the Gas Market in Europe ………………...3 2.2 How competitive is the natural gas market in Europe ……....4 2.3 Liberalization process across Europe………………………..5 2.4 Existing Empirical Evidence in the Academic Literature …..7 2.5 Summary of the review……………………………………...9 3.0 Competition in the EU gas Market …………………………….10 3.1 Wholesale Market ………………………………………….11 3.2 Production Market …………………………………………12 3.3 Conclusion on the competition in EU………………………12 4.0 EU Gas Industry reforms……………………………………….13 4.1 First Gas Directive …………………………. .…………….13 4.2 Second Gas Directive ………………………. …………….14 4.3 Security of Supply Directive ………………..……………..15 4.4 Third Gas Directive ………………………...
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...these factors were happening in Australia during from 1980’s to 1990’s. As we know from this report that Australia suffered really huge hardships within economy and finance and we know what they actions were taken towards microeconomic reform like labour reform, taxation, financial deregulation, privatization and etc. but most important thing that was found in my opinion is foreign debt. The foreign debt occured in Australia because of the bad time during 1970s-1990s the government was not able to support the country without increasing its foreign debt. Graph 1 shows us that the foreign debt was rapidly increased GRAPH 1 But it is not as bad as it seems to be, as long as the government borrowed this to improve its productivity and manufacture. Then it would excuse such a huge amount of money borrowed by the government. Also what we know at that time the government decided to sell some of their businesses to public sectors, and some business they bought from public sectors. Now let’s look at GDP that was growing up since 1970 it will help us to understand whether the money that the government borrowed was used properly in terms of the whole economy in Australia. GRAPH 2 As it seen that since that time when we had all the microeconomics reform and changes in some specific sectors we must say that the government did well at that time. Probably the Government was welcome to see people with ideas of...
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...not borrowed anyone else’s words, phrases, or ideas without giving clear credit to that person. I understand that the penalty for plagiarism includes any or all of the following: failure in the project with no opportunity to revise, failure in the course with opportunity to retake the course in a later semester, expulsion/termination from the university. Name: Hyemin Hazel Yeo ID: S11080203 Signed: Date: 20/3/2015 Contents Declaration 1 1.1 Background of S.I 3 2.1 literature Review 4 3.1 Research methodology 7 3.2 Primary Source 7 3.3 Secondary Source 7 3.4 Limitation: 7 4.1 Case Study: Solomon Island Water Authority (SIWA) 8 I. Background 8 II. Pre-Reform 8 III. Changes over the year 10 5.1 Solomon Islands Electrical Authority (SIEA) 12 I. Background 12 II. Pre-reform 13 III. Post-reform 14 6.1 Recommendation 16 Bibliography 18 Appendix 1: 19 1.1 Background of S.I Solomon Island (S.I) consists of ten large different province islands and many small ones. It is the second largest insular country of the South Pacific with relatively downturn economy and poor government management system especially during 1998~2003 tension. Although there were quiet few natural resource such as marine life, forest, gold etc. with very unfortunate facilities of development structure and poor management it was very difficult to utilize the resource into long term profit (Barnabas Anga, 2009). Also the country was vulnerable to natural...
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...Introduction page 2 3. Present Trade Position page 3 3.1 Current Account Deficit page 3+4 3.2 Net Foreign Debt page 4+5 4. Australia’s Trade Policy page 5 3.4 Trade Liberalization and Protection in Australia page 6 3.5 The Australian Dollar page 6 3.6 SWOT (Strength, Weakness, Opportunities Cost and Threat) Analysis page7 3.7 CBA for Structural Reform page 8 4. Conclusion page 9 5. Recommendation page 9+10 6. Reference page 11 1. Executive Summary The purpose of this report was to analysis present of Australia’s trade position and prepared a plan for improving Australia’s position. Specific objectives were to identify key economic problems in term of trade and current account. Problems and solutions were found in the trade and current account though Carbon tax with high Australian dollar is likely to force radical structural reform on the economy and the manufacturing. The report recommends using structural reform to improve Australia’s trade position. Furthermore, Carbon tax initially acts against competitive international trade. In the long term, it can offer solutions to the two sector economy. 2. Introduction Since the onset of the East Asian economic and financial crisis in late 1997 the Australian economy has continued to record strong growth, despite many of Australia’s Asian major trading partners (MTPs) experiencing...
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...TOPIC SUBJECT HEADINGS For use in Online Catalog (OPAC) SUBJECT HEADINGS For Sample Database Searches Abortion Abortion; Pro-Choice Movement; Pro-Life Movement Abortion Acid rain SEE ALSO Pollution Acid Rain Acid Rain Adoption (interracial, unmarried persons, gays) Adoption; Gay parents; Interracial adoption Adoption AIDS AIDS (Disease); AIDS (Disease) in children AIDS (Disease); Pediatric AIDS (Disease) Alzheimer's disease Alzheimer's disease Alzheimer's disease Animal rights Animal experimentation; Animal rights Animal experimentation; Animal rights Anorexia and Bulimia SEE Eating disorders Athletes and drugs Doping in Sports Drugs and Athletes Banking Bailout (2008) Bailout Battered women SEE ALSO Wife Abuse Abused women Conjugal abuse Birth control Birth control; Contraception Birth control; Contraception Black Reparations Movement Reparations; Slavery--Law and legislation Reparations Body language Body language; Gesture; Nonverbal communication Nonverbal communication Bullying Bullying Bullying; Cyberbullying Business ethics Business ethics; Corporations - Corrupt practices Business ethics; Business enterprises, Corrupt practices Capital punishment (Death Penalty) Capital punishment; Death row Capital punishment Cancer Cancer--Prevention SEE ALSO types of cancer, such asBreast--Cancer Neoplasms--Prevention and Control;Cancer Treatment Censorship SEE ALSO Freedom of the Press Censorship; Prohibited...
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...Theo Lanier Meghan Woods Comp I: Thesis Statement 11/11/2014 Intuitive Energy Consumption In modern day society, I have observed the emerging negative impacts on the natural environment and human society from global climate change, and rising prices of traditional sources of energy. These two physical occurrences have led me to view renewable energy development as an ever increasing, promising approach to mitigating climate change, diversifying energy supplies, and even stimulating economic development. CNN news recently reported that in the United States, renewable energy development is a very active policy arena, in which an array of policy instruments are designed and implemented (CNN, 2011). CNN goes on to describe that over the past decade the states have experienced a rapid growth of renewable energy sources with an accelerating rate over the last few years. It is my ultimate and fervent belief that instead of maintaining oil and coal as the predominant energy sources in the United States, more emphasis should be placed on organic and less harmful renewable energy sources. More importantly, how and to what extent do political factors in each state influence renewable energy development practices. The influence of political institutions, interest groups, and government ideologies in the renewable energy deployment process is very substantial in my opinion. Industries driven by oil & coal consumption such as the automotive and other combustion engine manufacturers...
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...The Effect of Nigeria Power Sector Reform on Private Sector Investment ONOWA SIMON OWOICHO BENUE STATE UNIVERSITY, MAKURDI Abstract Electricity generation, transmission, and distribution are a ubiquitous and integral part of any modern economy. Aside from providing households with all the conveniences of electric power, a modern and reliable electricity sector contributes to efficient overall economic production and plays an important role in determining Nigeria’s competitive advantage. But in addition to its role of providing a source of energy, the electricity sector also contributes to lifting overall Nigerian economic activity and employment through its capital investments in electricity infrastructure. This report assesses the economic impact of Nigerian power sector reform on private sector investment. The methodology used allowed us to calculate economic multipliers—rules of thumb that link new investment in the sector to overall economic activity. The economic multipliers are valuable for planning because they link each dollar of additional investment by the industry to a given dollar value of overall economic output, job creation, and tax revenues. Moreover, this report links the occupational requirements of these increases to capital spending—highlighting the number of workers and skills to put in place future electricity generation, transmission, and distribution capacity. 1 Introduction The availability of reliable Electric Power to the homes and businesses...
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...difficult. The exports have declined and the overall consumer and investor confidence fell significantly. At the same time weak national revenue performance, rising expenditure to tackle the crisis along with a growing Naftogaz deficit make fiscal adjustment more challenging. Ukraine government has allowed a free floating exchange rate resulting in a 50% devaluation of the currency (figure 4). Import gas prices are high and energy efficiency of the national industries is poor. The balance of payments pressure remains high due to large external debt refinancing needs, low FDI and limited access to external financing. This means that challenges are ahead of Ukraine with deteriorating relations with Russia, a weak banking sector, low FX reserves, large debt repayments needs (for the next 2 years) together with constrained domestic consumption altogether pose risks and affect prospects for recovery. Positive factors for Ukraine are as follows: (i) the strong external support for Ukraine ($27bn in the next 2 years), (ii) authorities are motivated to reform, (iii) trade relations with EU have improved and (iv) the economy has a high long-term potential. To overcome current recession Ukraine has to: (i) stick to the floating exchange rate, (ii) stabilize public finances, (iii) improve country competitiveness and (iv) develop new export markets. Besides this, the “ease of doing business” with Ukraine has to...
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...Economic Revival June 2012 June 2012 © Confederation of Indian Industry Copyright © 2011 by Confederation of Indian Industry (CII), All rights reserved. No part of this publication may be reproduced, stored in, or introduced into a retrieval system, or transmitted in any form or by any means (electronic, mechanical, photocopying, recording or otherwise), without the prior written permission of the copyright owner. CII has made every effort to ensure the accuracy of information presented in this document. However, neither CII nor any of its office bearers or analysts or employees can be held responsible for any financial consequences arising out of the use of information provided herein. However, in case of any discrepancy, error, etc., same may please be brought to the notice of CII for appropriate corrections. Published by Confederation of Indian Industry (CII), The Mantosh Sondhi Centre; 23, Institutional Area, Lodi Road, New Delhi-110003 (INDIA), Tel: +91-11-24629994-7, Fax: +91-11-24626149; Email: info@cii.in; Web: www.cii.in Confederation of Indian Industry The Mantosh Sondhi Centre 23, Institutional Area , Lodi Road, New Delhi – 110 003 Tel.: 011-24621874, 24629994-97 : Fax: 011-24626149 Website:www.cii.in Edited, printed and published by: Chandrajit Banerjee, Director General, CII on behalf of Confederation of Indian Industry from The Mantosh Sondhi Centre, 23, Institutional Area, Lodi Road, New Delhi –110 003 Tel: 91-11-24629994-7 Fax: 91-11-24626149 email:...
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...CHAPTER - XIII POWER SECTOR REFORM IN ORISSA: A CASE STUDY IN RESTRUCTURING As per our Constitution, power industry is the combined responsibility of the Central Government and the State Governments. The ESA (Electricity Supply Act) envisaged three kinds of entities in the power-sector: State Electricity Boards (SEBs), generating companies, and licensees. SEBs are allowed to generate, transmit, and distribute electricity within a state; they enjoy all the powers of a licensee. They account for 65 per cent of the power generated in the country. Generating companies are responsible for supplying power to the grid without the specific responsibility of retail distribution. Major players in this category are NTPC (National Thermal Power Corporation), NHPC (the Hydro-electric analogue of NTPC), and NPCIL (Nuclear Power Corporation of India Limited). Though ESA allowed only the governments to set up generating companies till 1991, thereafter it was de-reserved. Independent Power Producers (IPPs) now fall under this category. Existing licensees are private-sector utilities licensed by a State Government for power generation, distribution, or both within a specified area. For example, Gujarat Industrial Power Corporation is only into generation and Central Electricity Supply Corporation (in Orissa) is confined to distribution, whereas Bombay Suburban Electric Supply Limited (BSES) and Tata Electric Company (TEC) are involved both in generation and distribution. The...
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...2030 is a significant step forward. The commission has accepted our core argument that the EU's domestic emissions reduction target must be ambitious so we can influence countries like the US and China, ahead of 2015's critical global climate talks. By leading on a strong emissions reduction target, the UK is persuading others on the need for member states to have the freedom and flexibility to develop their own energy mix to achieve these ambitious reductions. Rigid technology specific targets set for each country would not be cost effective – and EU members should be free to decarbonise in a way that is right for them, including renewables, nuclear, carbon capture and storage and energy efficiency. Energy policy's central conundrum today is how to go green at the lowest possible cost. The commission's analysis confirms that British households pay some of the lowest prices for gas and electricity in Europe, but that is little comfort to people struggling to pay rising energy bills. So we have to achieve a fine balance. We need to invest in home-grown clean energy that will bring cheaper prices in the long run, shielding consumers from volatile international fossil fuel markets. But we also need to take people with us as we transition to a low carbon economy, and that...
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