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Mitigating vulnerability to high and volatile oil prices : power sector experience in Latin America and the Caribbean /
This book addresses the need of oil-importing countries to mitigate vulnerability to oil price volatility. It offers financial instruments to manage price risk, complemented by structural measures designed to reduce oil consumption.
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Otros Autores: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington, D.C. :
World Bank,
2012.
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| Colección: | Directions in development (Washington, D.C.). Energy and mining.
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| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Foreword; Acknowledgments; Abbreviations; Units of Measure; Executive Summary; Oil Price Evolution and Risk Exposure; Figures; ES. 1 Oil Trade Balance as a Percentage of GDP; Who Bears the Risk Burden?; Reducing Short-Term Price Uncertainty; Reducing Oil Consumption over the Long Run; What Can Be Done; How Much Can It Help?; Tables; ES. 1 Overlapping Time Frames for Implementing Alternatives to Manage Oil Price Volatility; Chapter 1 Introduction; Effects of High and Volatile Oil Prices; 1.1 Evolution of WTI Oil Prices and Volatility, 2000-12; Study Background and Objective.
- Structure of This ReportNotes; References; Chapter 2 Economic Effects of High and Volatile Oil Prices; Effects of High Oil Prices; Effects of Oil Price Volatility; What Is the Risk Distribution?; 2.1 Pricing, Utility Ownership, and Stakeholder Relationships; 2.1 Distribution Scenarios of Higher Energy Costs; Boxes; 2.1 Reducing the Cost Burden of Subsidies; Summary Remarks; Notes; References; Chapter 3 Economic Indicators of Vulnerability: Analysis of Latin America and the Caribbean; Oil Trade Dynamics; 3.1 Country and Subregional Comparisons of Oil Imports as Share of GDP.
- 3.2 Ratio of Net Oil Imports or Exports to GDP in LAC Countries3.3 Comparisons of Primary Energy Supply by Source, 2008; Oil Exporter versus Importer; 3.1 Regional Energy Cooperation for Socioeconomic Development; 3.1 Oil Imports in Central America, 2006-08; 3.2 Oil Expenditure as Share of GDP in Central America, 2006-08; Dynamics of Oil Price Hikes and Subsidies; 3.4 Growth Effect Comparisons from Higher Oil Prices in Latin America and the Caribbean; 3.3 Macroeconomic Effects of Higher Oil Prices in Selected Countries of Latin America and the Caribbean.
- 3.4 Change in Energy Subsidies in Central America, 2007-08Summary Remarks; Notes; References; Chapter 4 Managing Oil Price Dynamics in the Power Sector: Experience in Latin America and the Caribbean; Oil-Dependent Energy Mix and Cost of Power Generation; Distribution of Costs and Risks; 4.1 Electricity Generation Mix in Selected Countries and Regions, 2007; 4.1 Oil Price Exposure in Guatemala; 4.2 Impact of Oil Price Changes on Power Generation Costs, 2006; 4.1 Electricity Market Structure in Central America and the Caribbean.
- 4.2 Majority Ownership of Power Utilities in Countries of Central America and the CaribbeanEconomic Impacts on the Sector; 4.2 Subsidies and Fiscal Vulnerability in Honduras; 4.3 Pricing Policy Trade-Offs in Guyana; 4.4 Peru's Oil Stabilization Fund; Summing Up; Note; Reference; Chapter 5 Price Risk Management Instruments; Overview of Instruments; 5.1 Overview of Selected Hedging Instruments: Advantages and Disadvantages; Risk Assessment; 5.1 Prices of WTI Crude Oil, Heating Oil, and HFO, 2001-10; Hedging Possibilities for Power Market Agents.