From Crisis to Stability in the Armenian Power Sector: Lessons Learned from Armenia's Energy Reform Experience

The last fifteen years have seen Armenia emerge from Soviet rule and a severe economic and energy crisis, both complicated by its newfound political surroundings. The last ten years have seen significant reform and progress in the power sector which, when compared to the progress made by its neighbo...

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Bibliographische Detailangaben
Hauptverfasser:	Sargsyan, Gevorg, Balabanyan, Ani, Hankinson, Denzel
Format:	Buch
Sprache:	eng
Schlagworte:	ACCOUNTING Armenia (Republic) Armenien CONSOLIDATION DEBT DISTRIBUTION COMPANIES DISTRIBUTION ENTITIES ELECTRIC UTILITY ELECTRICITY ELECTRICITY CRISIS ELECTRICITY DISTRIBUTION ELECTRICITY DISTRIBUTION COMPANY ELECTRICITY INDUSTRY ELECTRICITY PRICES ELECTRICITY PRODUCTION ELECTRICITY REFORMS ELECTRICITY SALES ELECTRICITY SECTOR ELECTRICITY SUPPLY ELECTRICITY THEFT EMERGING MARKETS Energiepolitik Energiewirtschaft ENERGY BALANCE ENERGY CONSUMPTION ENERGY CRISIS ENERGY EFFICIENCY Energy industries ENERGY LAW ENERGY POLICIES Energy policy ENERGY REGULATORY COMMISSION ENERGY SECTOR ENERGY SECTOR REFORM ENERGY SUPPLY ENERGY SYSTEMS EXTERNALITIES FINANCIAL FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL REFORM FUEL FUEL OIL GAS PIPELINE GAS SUPPLY GENERATING CAPACITY GENERATION GENERATION ASSETS GENERATION SECTOR GENERATORS GRID GRID INFRASTRUCTURE HEATING HYDROPOWER GENERATION ILLEGAL CONNECTIONS INDEPENDENT REGULATOR KILOWATT HOUR LEGAL FRAMEWORK LEGAL STATUS LITIGATION LOW-VOLTAGE METER READING NATIONAL ENERGY SECURITY NATURAL GAS NATURAL RESOURCES NUCLEAR POWER OIL EQUIVALENT POWER CONSUMERS POWER PLANT POWER PLANTS POWER SECTOR POWER SECTOR ASSETS POWER SECTOR INVESTMENT POWER SECTOR PRIVATIZATION POWER SECTOR REFORM POWER SECTOR REFORMS POWER SECTOR RESTRUCTURING POWER SHORTAGES POWER SYSTEM PRIMARY FUELS PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRIVATIZATION PROPERTY RIGHTS PUBLIC SERVICES PUBLIC UTILITIES PUMPING REGULATORS REGULATORY CHANGES REGULATORY COMMISSION REGULATORY COMMISSIONS REGULATORY FRAMEWORK REGULATORY REFORMS RESIDENTIAL CUSTOMERS RETAIL TARIFFS SERVICE DELIVERY SERVICE QUALITY SERVICE QUALITY STANDARDS SMALL HYDROPOWER STATE UTILITY STRUCTURAL ADJUSTMENT SUBSIDIARY TECHNICAL ASSISTANCE THERMAL PLANTS TRANSMISSION UNBUNDLING UTILITY BILLS WATER SECTOR WATER USE WATER UTILITIES
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Beschreibung
Zusammenfassung:	The last fifteen years have seen Armenia emerge from Soviet rule and a severe economic and energy crisis, both complicated by its newfound political surroundings. The last ten years have seen significant reform and progress in the power sector which, when compared to the progress made by its neighbors, is all the more remarkable. The benefits of reform have not been easily won, however, and Armenias success is a tribute to its ability to learn from mistakes and persevere. A combination of improper planning and bad fortune forced the Government of Armenia to go through three separate tenders for its privatization assets. A combination of good planning and good fortune ultimately allowed for what has turned out to be one of the regions most successful infrastructure privatizations so far.
DOI:	10.1596/978-0-8213-6589-2