Electricity is the lifeline for a modern economy. At the same time, the power sector is the world’s main source of greenhouse gas emissions. Limiting the worst effects of a changing climate requires that the supply of clean electricity grows rapidly. This presents challenges as the power sector is technologically complex and requires costly infrastructure development. The […]

The Lao People’s Democratic Republic’s reliance on debt financing for the power sector has led to significant economic growth but also severe debt distress. Reforms should focus on improving sector governance, enhancing financial sustainability, and fostering clean energy access. Energy is at the heart of the Lao People’s Democratic Republic’s development vision. The country leveraged […]

Imagine a world with renewable energy 24/7. Wind and solar farms, operating without curtailment on the grid, next to intermittent hydropower and inexpensive, safe battery storage systems.  No one is without electricity in this world. There is ample supply, in large and medium scale distributed generation corridors across the globe. Stand-alone systems are equally available […]

Power markets and their structure are complex and critical to providing reliable, affordable electricity worldwide. This is no simple task, as supply and demand must be balanced every second and the market must send the correct price signals to motivate efficient generation and investment in the sector over time. The structure of global power markets […]