Measuring and Apportioning Rents from Hydroelectric Power Developments, Parts 63-419Hydro resources are provided by nature. The exploitation of such resources can generate significant economic rent to the owners. In the past, governments have usually claimed ownership of hydroelectric resources and passed on the rents to their state-owned utilities, which have used them to expand their systems or provide lower tariffs to their consumers. With the restructuring of the electric power sector in many countries, a more explicit consideration of hydroelectric rents is required. Moreover, hydropower resources are often owned by more than one party, or at least require cooperation between parties to develop them. In this context, the measurement and apportionment of hydropower rents between cooperating parties becomes important. This paper addresses some of the issues involved in cooperative development of water resources, especially for hydroelectric generation. It promotes a better understanding of the sources of the benefits and attempts to derive an analytical basis for discussions between cooperating parties. This volume will be of interest to hydropower resource earning countries, hydropower developers, and Bank staff. |
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Measuring and Apportioning Rents from Hydroelectric Power ..., Parts 63-419 Mitchell P. Rothman No preview available - 2000 |
Common terms and phrases
allocation amount of rent apportioning approach British Columbia Canadian dollars Chapter China Churchill Falls Churchill River Columbia River Treaty competitive market contiguous watercourses cooperative development cooperative project current system difference differential rent downstream riparian E-mail economic rent Energy Sold example explicit calculation explicit sharing factors of production federal flood control Hydro Quebec hydro sites hydroelectric development hydroelectric power hydroelectric rents hydroelectric resource Hydropower international law international watercourses least-cost alternative Lesotho LHWP marginal cost measure hydro rent multipurpose projects natural negotiations Newfoundland and Labrador opportunity cost Orange Vaal Transfer output ownership P.O. Box parties Principles of Sharing produce provinces reasonable and equitable remaining benefits rent available Rent in Canada requires reservoir revenues royalty Scarcity rent Sector separable costs Sharing Water South Africa successive watercourse Transboundary Resources transmission tunnel upstream riparian Vaal Transfer Scheme water flow Water Rents water resources World Bank Zuker
Popular passages
Page 2 - When, in the progress of society, land of the second degree of fertility is taken into cultivation, rent immediately commences on that of the first quality ; and the amount of that rent will depend on the difference in the quality of these two portions of land.
Page 2 - Rent is that portion of the produce of the earth, which is paid to the landlord for the use of the original and indestructible powers of the soil.
Page 22 - Geographic, hydrographic, hydrological, climatic, ecological and other factors of a natural character; \ (b) The social and economic needs of the watercourse States concerned; (c) The population dependent on the watercourse in each watercourse State; (d) The effects of the use or uses of the watercourses in one watercourse State on other watercourse States...
Page 22 - Conservation, protection, development and economy of use of the water resources of the watercourse and the costs of measures taken to that effect; (g) The availability of alternatives, of comparable value, to a particular planned or existing use.
Page 22 - Factors Relevant to Equitable and Reasonable Utilization 1 . Utilization of an international watercourse in an equitable and reasonable manner within the meaning of article 5 requires taking into account all relevant factors and circumstances, including: a) Geographic...
Page 22 - Utilization of an international watercourse in an equitable and reasonable manner within the meaning of article 5 requires taking into account all relevant factors and circumstances, including: (a) geographic, hydrographic, hydrological, climatic, ecological and other factors of a natural character; (b) the social and economic needs of the watercourse States concerned; (c) the population dependent on the watercourse in each watercourse State; (d) the effects of the use or uses of the watercourse...
Page 19 - Watercourse" means a system of surface waters and groundwaters constituting by virtue of their physical relationship a unitary whole and normally flowing into a common terminus; (b) "International watercourse...
Page 2 - In his Principles of Political Economy and Taxation, first published in 1817, Ricardo followed Say very closely in his discussion of general gluts. Endorsing "Say's Law...
Page 23 - Sharing the Waters of the Murray-Darling Basin: Cooperative Federalism under Test in Australia," in Richard Just and Siniaia Netanyahu, eds.
Page 41 - Krutilla, John V. (1967), The Columbia River Treaty: The Economics of an International River Basin Development, Baltimore: The Johns Hopkins Press for Resource for the Future.
References to this book
Competition in European Electricity Markets: A Cross-country Comparison Jean-Michel Glachant,Dominique Finon No preview available - 2003 |