Electricity Sector Restructuring Experience of Different Countries

Electricity Market from economic, regulatory and engineering perspective is a very demanding system to control .There is requirement of provision of cost efficiency, lower impact of environment alongwith maintenance of security of supply for use of competition and regulation in the electricity market. Many countries due to failure of its system for adequately management of electricity companies, followed restructuring for its electricity sector. In various countries, different restructuring models were experimented but in the initial phase restructuring was opposed by the parties favouring existing vertically integrated electricity sector. In the paper , restructuring experience of different countries are outlined .