Paths to deregulation



For Asia’s power markets, 2003 promises to be a seminal year. With little fanfare, several countries have been preparing the ground for deregulated electricity markets, as well as the systems for managing the greatly increased risks that will inevitably follow.

This comes in the wake of the power market deregulation in North America, Europe, Australia and New Zealand, and Asian reformers are determined not to make the mistakes experienced elsewhere. The California power deregulation deb