Virtual Workshop on Reforming Asian Utilities: Institutional Reforms for Boosting Private Investments

Event | 18 - 19 November 2020
Online

Time of event

13:50–17:00 Tokyo time

Summary

Asian utilities have been the subject of market-based economic reforms over the past few decades. However, the complexities of introducing market-based reforms in utility industries have been revealed by the reform experiences of many developing countries in the region.

Today, Asia’s power sector faces challenges associated with de-carbonization, security of supply, energy access, energy market efficiency, and sourcing adequate financing to meet energy policy objectives. Difficulty in accessing finance is one of the critical factors constraining the involvement of the private sector in Asian utilities.

This ADBI-Economic Research Institute for ASEAN and East Asia virtual workshop featured new research on the development of Asian utilities, reforms for promoting sector-specific objectives, and ways of attracting private investment. Among the focuses included evaluating existing institutional frameworks, identifying areas in need of change, and addressing implementation challenges.

Objectives
  • Examine utilities reform challenges in developing Asia
  • Highlight strategies for reforming utility industries to deliver sector-specific objectives
  • Promote policy conditions for enabling greater private investment within the sector
Participants
  • Policy makers and experts from think tanks, universities, and other institutions
Output
  • Greater understanding of utilities reform challenges and potential policy solutions
  • Improved environment for policy dialogue, research, and collaboration within the sector
  • Papers presented during the workshop will be considered for publication as ADBI working papers and inclusion in special issues of the journal Economic Analysis and Policy
Partners
  • Economic Research Institute for ASEAN and East Asia
  • Economic Analysis and Policy (Journal)
Conference Presentations

Paper 1: Performance Assessment of State-Owned Electricity Distribution Utilities in India
Gopal Sarangi, Department of Policy Studies, TERI School of Advanced Studies, New Delhi, India

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Paper 2: The Effect of Institution on Performance of Regulated Firms in Developing Countries: Evidence from Electricity Distribution in India
Manuel Llorca, Copenhagen School of Energy Infrastructure, Copenhagen Business School, Denmark
Tooraj Jamasb, Copenhagen School of Energy Infrastructure, Copenhagen Business School, Denmark

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Paper 3: Modelling Solar Energy System Adoption and Payment in Myanmar
Hyoung Suk Shim, Lucille and Jay Chazanoff School of Business, CUNY College of Staten Island, US

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Paper 4: Unlocking Private Investment in Electric Utility through Post Reforms Agenda: Revisited Energy Efficiency Through Power Sector Reforms
Mohammad Mohsin, School of Finance and Economics, Jiangsu University, Zhenjiang, PRC

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Paper 5: Energy Carbon Emission Reduction of PRC’s Transportation Utility: An Input-output Approach
Huaping Sun, Professor, Institute of Industrial Economics & School of Finance and Economics, Jiangsu University, PRC

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Paper 6: Regulatory Reform and the Relative Efficacy of Government versus Private Investment on Energy Consumption in South Asia
Sakib Bin Amin, North South University, Dhaka, Bangladesh

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Paper 7: PPPs, Institutional Reform and Challenges for Competition Law and Policy in ASEAN
Pornchai Wisuttisak, Faculty of Law, Chiang Mai University, Thailand

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Paper 8: Time-Frequency Connectedness between Asian Electricity Sectors
Muhammad Arif, Lecturer, Shaheed Benazir Bhutto University, Pakistan

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