Electricity Privatisation Types of Privatisation Ian Andrews, Partner Linklaters, Berlin
Privatisation Models Independent Power Plants (“IPPs” or “Concessions”) Merchant Power Sale and Regulation
Independent Power Plants Traditional Stand-alone project Adequate long-term Power Purchase Agreement European Union Liberalisation and Merchant Power
BanksProject Company Electricity Distributor InvestorsState Engineering, Procurement & Construction Contractor Operation & Maintenance Contractor Fuel Supplier Support Energy/capacity charge
Sale and Regulation Sale of existing system – as monopoly – split (distribution/generation) with system operator(s) Regulation to ensure competitive pricing Effects of uneconomic regulation: California
UK Electricity Privatisation
Eastern European Experience: Case Study Comparison Czech Republic – Transgas Slovac Republic – SPP Differences and lessons learned