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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| creator | Sargsyan, Gevorg Balabanyan, Ani Hankinson, Denzel |
| description | 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_str_mv | 10.1596/978-0-8213-6589-2 |
| format | Book |
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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.</description><edition>1</edition><identifier>ISBN: 9780821365892</identifier><identifier>ISBN: 0821365894</identifier><identifier>ISBN: 9780821365908</identifier><identifier>ISBN: 0821365908</identifier><identifier>EISBN: 9780821365908</identifier><identifier>EISBN: 0821365908</identifier><identifier>DOI: 10.1596/978-0-8213-6589-2</identifier><identifier>OCLC: 64668828</identifier><identifier>EAN: 9780821365892</identifier><language>eng</language><publisher>Herndon: World Bank Publications</publisher><subject>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</subject><creationdate>2006</creationdate><tpages>105</tpages><format>105</format><rights>The International Bank for Reconstruction and Development / The World Bank 2006</rights><rights>CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank</rights><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><relation>World Bank Working Papers</relation></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>306,307,776,780,782,783,4034,4074,4075,18961,18962,18963,18972,27902</link.rule.ids></links><search><creatorcontrib>Sargsyan, Gevorg</creatorcontrib><creatorcontrib>Balabanyan, Ani</creatorcontrib><creatorcontrib>Hankinson, Denzel</creatorcontrib><title>From Crisis to Stability in the Armenian Power Sector: Lessons Learned from Armenia's Energy Reform Experience</title><description>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.</description><subject>ACCOUNTING</subject><subject>Armenia (Republic)</subject><subject>Armenien</subject><subject>CONSOLIDATION</subject><subject>DEBT</subject><subject>DISTRIBUTION COMPANIES</subject><subject>DISTRIBUTION ENTITIES</subject><subject>ELECTRIC UTILITY</subject><subject>ELECTRICITY</subject><subject>ELECTRICITY CRISIS</subject><subject>ELECTRICITY DISTRIBUTION</subject><subject>ELECTRICITY DISTRIBUTION COMPANY</subject><subject>ELECTRICITY INDUSTRY</subject><subject>ELECTRICITY PRICES</subject><subject>ELECTRICITY PRODUCTION</subject><subject>ELECTRICITY REFORMS</subject><subject>ELECTRICITY SALES</subject><subject>ELECTRICITY SECTOR</subject><subject>ELECTRICITY SUPPLY</subject><subject>ELECTRICITY THEFT</subject><subject>EMERGING MARKETS</subject><subject>Energiepolitik</subject><subject>Energiewirtschaft</subject><subject>ENERGY BALANCE</subject><subject>ENERGY CONSUMPTION</subject><subject>ENERGY CRISIS</subject><subject>ENERGY EFFICIENCY</subject><subject>Energy industries</subject><subject>ENERGY LAW</subject><subject>ENERGY POLICIES</subject><subject>Energy policy</subject><subject>ENERGY REGULATORY COMMISSION</subject><subject>ENERGY SECTOR</subject><subject>ENERGY SECTOR REFORM</subject><subject>ENERGY SUPPLY</subject><subject>ENERGY SYSTEMS</subject><subject>EXTERNALITIES</subject><subject>FINANCIAL</subject><subject>FINANCIAL INSTITUTIONS</subject><subject>FINANCIAL MANAGEMENT</subject><subject>FINANCIAL MARKETS</subject><subject>FINANCIAL REFORM</subject><subject>FUEL</subject><subject>FUEL OIL</subject><subject>GAS PIPELINE</subject><subject>GAS SUPPLY</subject><subject>GENERATING CAPACITY</subject><subject>GENERATION</subject><subject>GENERATION ASSETS</subject><subject>GENERATION SECTOR</subject><subject>GENERATORS</subject><subject>GRID</subject><subject>GRID INFRASTRUCTURE</subject><subject>HEATING</subject><subject>HYDROPOWER GENERATION</subject><subject>ILLEGAL CONNECTIONS</subject><subject>INDEPENDENT REGULATOR</subject><subject>KILOWATT HOUR</subject><subject>LEGAL FRAMEWORK</subject><subject>LEGAL STATUS</subject><subject>LITIGATION</subject><subject>LOW-VOLTAGE</subject><subject>METER READING</subject><subject>NATIONAL ENERGY SECURITY</subject><subject>NATURAL GAS</subject><subject>NATURAL RESOURCES</subject><subject>NUCLEAR POWER</subject><subject>OIL EQUIVALENT</subject><subject>POWER CONSUMERS</subject><subject>POWER PLANT</subject><subject>POWER PLANTS</subject><subject>POWER SECTOR</subject><subject>POWER SECTOR ASSETS</subject><subject>POWER SECTOR INVESTMENT</subject><subject>POWER SECTOR PRIVATIZATION</subject><subject>POWER SECTOR REFORM</subject><subject>POWER SECTOR REFORMS</subject><subject>POWER SECTOR RESTRUCTURING</subject><subject>POWER SHORTAGES</subject><subject>POWER SYSTEM</subject><subject>PRIMARY FUELS</subject><subject>PRIVATE SECTOR</subject><subject>PRIVATE SECTOR PARTICIPATION</subject><subject>PRIVATIZATION</subject><subject>PROPERTY RIGHTS</subject><subject>PUBLIC SERVICES</subject><subject>PUBLIC UTILITIES</subject><subject>PUMPING</subject><subject>REGULATORS</subject><subject>REGULATORY CHANGES</subject><subject>REGULATORY COMMISSION</subject><subject>REGULATORY COMMISSIONS</subject><subject>REGULATORY FRAMEWORK</subject><subject>REGULATORY REFORMS</subject><subject>RESIDENTIAL CUSTOMERS</subject><subject>RETAIL TARIFFS</subject><subject>SERVICE DELIVERY</subject><subject>SERVICE QUALITY</subject><subject>SERVICE QUALITY STANDARDS</subject><subject>SMALL HYDROPOWER</subject><subject>STATE UTILITY</subject><subject>STRUCTURAL ADJUSTMENT</subject><subject>SUBSIDIARY</subject><subject>TECHNICAL ASSISTANCE</subject><subject>THERMAL PLANTS</subject><subject>TRANSMISSION</subject><subject>UNBUNDLING</subject><subject>UTILITY BILLS</subject><subject>WATER SECTOR</subject><subject>WATER USE</subject><subject>WATER UTILITIES</subject><isbn>9780821365892</isbn><isbn>0821365894</isbn><isbn>9780821365908</isbn><isbn>0821365908</isbn><isbn>9780821365908</isbn><isbn>0821365908</isbn><fulltext>true</fulltext><rsrctype>book</rsrctype><creationdate>2006</creationdate><recordtype>book</recordtype><sourceid>VO9</sourceid><recordid>eNptkU1LxDAQhiOiKLo_wJM9ebKajyaZHHXxCwQFxWtI20TjdpuaVJb996asB1HnMszM-wzDOwgdEXxGuBLnSkKJS6CElYKDKukWmuUenjqCKwzbP2tQdBftiUoIAAp7aJbSO54ChJJsH_HrGJbFPPrkUzGG4mk0te_8uC58X4xvtriIS9t70xePYWVj8WSbMcRDtONMl-zsOx-gl-ur5_ltef9wcze_uC8NpwCyFLh1RlImCOMVbUXbSseIqB2pAKxrjCO1UyqPBZHUiboGwXEjK2gYBWnZATreLLZN6H3SQ_RLE9eaYyUrjhnNCrZRrELs2tr0Cx0G2y_6sOps-2qjHULy-ea1JliB0EKBzNTpb6oOYZF0dk5jPXmnJ_M01UPrshz_LydYT0_5i2XkZIMMMXx82jRqOyGN7cdoOn11Oa8yKCX7ArHWhdY</recordid><startdate>2006</startdate><enddate>2006</enddate><creator>Sargsyan, Gevorg</creator><creator>Balabanyan, Ani</creator><creator>Hankinson, Denzel</creator><general>World Bank Publications</general><general>The World Bank</general><general>Washington, DC: World Bank</general><general>World Bank</general><scope>DUQ</scope><scope>GH7</scope><scope>VO9</scope><scope>OQ6</scope></search><sort><creationdate>2006</creationdate><title>From Crisis to Stability in the Armenian Power Sector</title><author>Sargsyan, Gevorg ; Balabanyan, Ani ; Hankinson, Denzel</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-a52887-60dfa723613542d6dd7f316bf1488efcaf1bf996136172f6bb8650c748c3287e3</frbrgroupid><rsrctype>books</rsrctype><prefilter>books</prefilter><language>eng</language><creationdate>2006</creationdate><topic>ACCOUNTING</topic><topic>Armenia (Republic)</topic><topic>Armenien</topic><topic>CONSOLIDATION</topic><topic>DEBT</topic><topic>DISTRIBUTION COMPANIES</topic><topic>DISTRIBUTION ENTITIES</topic><topic>ELECTRIC UTILITY</topic><topic>ELECTRICITY</topic><topic>ELECTRICITY CRISIS</topic><topic>ELECTRICITY DISTRIBUTION</topic><topic>ELECTRICITY DISTRIBUTION COMPANY</topic><topic>ELECTRICITY INDUSTRY</topic><topic>ELECTRICITY PRICES</topic><topic>ELECTRICITY PRODUCTION</topic><topic>ELECTRICITY REFORMS</topic><topic>ELECTRICITY SALES</topic><topic>ELECTRICITY SECTOR</topic><topic>ELECTRICITY SUPPLY</topic><topic>ELECTRICITY THEFT</topic><topic>EMERGING MARKETS</topic><topic>Energiepolitik</topic><topic>Energiewirtschaft</topic><topic>ENERGY BALANCE</topic><topic>ENERGY CONSUMPTION</topic><topic>ENERGY CRISIS</topic><topic>ENERGY EFFICIENCY</topic><topic>Energy industries</topic><topic>ENERGY LAW</topic><topic>ENERGY POLICIES</topic><topic>Energy policy</topic><topic>ENERGY REGULATORY COMMISSION</topic><topic>ENERGY SECTOR</topic><topic>ENERGY SECTOR REFORM</topic><topic>ENERGY SUPPLY</topic><topic>ENERGY SYSTEMS</topic><topic>EXTERNALITIES</topic><topic>FINANCIAL</topic><topic>FINANCIAL INSTITUTIONS</topic><topic>FINANCIAL MANAGEMENT</topic><topic>FINANCIAL MARKETS</topic><topic>FINANCIAL REFORM</topic><topic>FUEL</topic><topic>FUEL OIL</topic><topic>GAS PIPELINE</topic><topic>GAS SUPPLY</topic><topic>GENERATING CAPACITY</topic><topic>GENERATION</topic><topic>GENERATION ASSETS</topic><topic>GENERATION SECTOR</topic><topic>GENERATORS</topic><topic>GRID</topic><topic>GRID INFRASTRUCTURE</topic><topic>HEATING</topic><topic>HYDROPOWER GENERATION</topic><topic>ILLEGAL CONNECTIONS</topic><topic>INDEPENDENT REGULATOR</topic><topic>KILOWATT HOUR</topic><topic>LEGAL FRAMEWORK</topic><topic>LEGAL STATUS</topic><topic>LITIGATION</topic><topic>LOW-VOLTAGE</topic><topic>METER READING</topic><topic>NATIONAL ENERGY SECURITY</topic><topic>NATURAL GAS</topic><topic>NATURAL RESOURCES</topic><topic>NUCLEAR POWER</topic><topic>OIL EQUIVALENT</topic><topic>POWER CONSUMERS</topic><topic>POWER PLANT</topic><topic>POWER PLANTS</topic><topic>POWER SECTOR</topic><topic>POWER SECTOR ASSETS</topic><topic>POWER SECTOR INVESTMENT</topic><topic>POWER SECTOR PRIVATIZATION</topic><topic>POWER SECTOR REFORM</topic><topic>POWER SECTOR REFORMS</topic><topic>POWER SECTOR RESTRUCTURING</topic><topic>POWER SHORTAGES</topic><topic>POWER SYSTEM</topic><topic>PRIMARY FUELS</topic><topic>PRIVATE SECTOR</topic><topic>PRIVATE SECTOR PARTICIPATION</topic><topic>PRIVATIZATION</topic><topic>PROPERTY RIGHTS</topic><topic>PUBLIC SERVICES</topic><topic>PUBLIC UTILITIES</topic><topic>PUMPING</topic><topic>REGULATORS</topic><topic>REGULATORY CHANGES</topic><topic>REGULATORY COMMISSION</topic><topic>REGULATORY COMMISSIONS</topic><topic>REGULATORY FRAMEWORK</topic><topic>REGULATORY REFORMS</topic><topic>RESIDENTIAL CUSTOMERS</topic><topic>RETAIL TARIFFS</topic><topic>SERVICE DELIVERY</topic><topic>SERVICE QUALITY</topic><topic>SERVICE QUALITY STANDARDS</topic><topic>SMALL HYDROPOWER</topic><topic>STATE UTILITY</topic><topic>STRUCTURAL ADJUSTMENT</topic><topic>SUBSIDIARY</topic><topic>TECHNICAL ASSISTANCE</topic><topic>THERMAL PLANTS</topic><topic>TRANSMISSION</topic><topic>UNBUNDLING</topic><topic>UTILITY BILLS</topic><topic>WATER SECTOR</topic><topic>WATER USE</topic><topic>WATER UTILITIES</topic><toplevel>online_resources</toplevel><creatorcontrib>Sargsyan, Gevorg</creatorcontrib><creatorcontrib>Balabanyan, Ani</creatorcontrib><creatorcontrib>Hankinson, Denzel</creatorcontrib><collection>World Bank e-Library</collection><collection>World Bank e-Library Research Working Papers</collection><collection>Open Knowledge Repository</collection><collection>ECONIS</collection></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Sargsyan, Gevorg</au><au>Balabanyan, Ani</au><au>Hankinson, Denzel</au><format>book</format><genre>book</genre><ristype>BOOK</ristype><btitle>From Crisis to Stability in the Armenian Power Sector: Lessons Learned from Armenia's Energy Reform Experience</btitle><seriestitle>World Bank Working Papers</seriestitle><date>2006</date><risdate>2006</risdate><isbn>9780821365892</isbn><isbn>0821365894</isbn><isbn>9780821365908</isbn><isbn>0821365908</isbn><eisbn>9780821365908</eisbn><eisbn>0821365908</eisbn><abstract>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.</abstract><cop>Herndon</cop><pub>World Bank Publications</pub><doi>10.1596/978-0-8213-6589-2</doi><oclcid>64668828</oclcid><tpages>105</tpages><edition>1</edition><oa>free_for_read</oa></addata></record> |
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| identifier | ISBN: 9780821365892 |
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| language | eng |
| recordid | cdi_worldbank_openknowledgerepository_10986_6987 |
| source | Open Knowledge Repository; World Bank E-Library Archive (DFG Nationallizenzen); World Bank E-Library Books |
| subjects | 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 |
| title | From Crisis to Stability in the Armenian Power Sector: Lessons Learned from Armenia's Energy Reform Experience |
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