| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w29610 |
| 来源ID | Working Paper 29610 |
| Blackouts in the Developing World: The Role of Wholesale Electricity Markets | |
| Akshaya Jha ⓡ; Louis Preonas; ⓡ; Fiona Burlig | |
| 发表日期 | 2022-01-03 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | Blackouts impose substantial economic costs in developing countries. This paper advances a new explanation for their continued prevalence: unlike in high-income countries, where regulatory mandates require utilities to satisfy all electricity demand, utilities in developing countries respond to wholesale electricity prices. As a result, misallocation of output across power plants can decrease the quantity of electricity supplied to end-users. We provide empirical support for this explanation using novel data from India, home to the world’s third-largest electricity sector. In contrast to the developed world, we find that Indian wholesale demand is downward-sloping. Reducing supply-side misallocation would increase electricity supply for the average household by 1.7 percent (enough to power 4.6 million additional households). Justifying a mandate that utilities must satisfy all end-use demand would require consumers to value electricity far above the cost of diesel backup generation. However, such a mandate would likely be cost-effective if paired with supply-side reforms. |
| 主题 | Industrial Organization ; Industry Studies ; Development and Growth ; Development ; Environmental and Resource Economics ; Energy |
| URL | https://www.nber.org/papers/w29610 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/587283 |
| 推荐引用方式 GB/T 7714 | Akshaya Jha ⓡ,Louis Preonas,ⓡ,et al. Blackouts in the Developing World: The Role of Wholesale Electricity Markets. 2022. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w29610.pdf（5229KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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