CORE Metadata, citation and similar papers at core.ac.uk Provided by Greenwich Academic Literature Archive Public Services International Research Unit (PSIRU) www.psiru.org Electricity privatisation and restructuring in Asia-Pacific by Steve Thomas, David Hall and Violeta Corral [email protected] ; [email protected] ; [email protected] December 2004 This report was commissioned by Public Services International (PSI) www.world-psi.doc for its Asia-Pacific meeting in Changmai, Thailand, December 2004 1. INTRODUCTION AND EXECUTIVE SUMMARY ........................................................................................... 3 2. MULTINATIONALS FROM OECD COUNTRIES ............................................................................................ 3 Table 1. OECD Multinational electricity companies active in Asia-Pacific ........................................................... 3 2.1. AES ................................................................................................................................................................... 4 Table 2. AES Contract Generation in Asia ............................................................................................................. 4 2.2. EDF ................................................................................................................................................................... 4 Table 3. EDF Generation in Asia ........................................................................................................................... 4 2.3. TRACTEBEL ........................................................................................................................................................ 5 Table 4. Tractebel Generation in Asia .................................................................................................................... 5 2.4. ENRON ............................................................................................................................................................... 5 Table 5. Enron Generation in Asia ......................................................................................................................... 5 2.5. INTERGEN .......................................................................................................................................................... 5 Table 6. Intergen Generation in Asia ...................................................................................................................... 6 2.6. MIRANT ............................................................................................................................................................. 6 Table 7. Mirant Generation in Asia ........................................................................................................................ 7 2.7. TRANSALTA ....................................................................................................................................................... 7 Table 8. Transalta Generation in Asia .................................................................................................................... 7 2.8. INTERNATIONAL POWER .................................................................................................................................... 7 Table 9. International Power Generation in Asia ................................................................................................... 7 Table 10. Edison International assets in Asia ......................................................................................................... 8 2.9. CDC GLOBELEQ ................................................................................................................................................ 8 Table 11. CDC Globeleq Generation in Asia ......................................................................................................... 8 2.10. EXITS ................................................................................................................................................................. 8 2.10.1. PSEG ........................................................................................................................................................ 8 2.10.2. TXU .......................................................................................................................................................... 8 2.10.3. Hydro Québec International ..................................................................................................................... 8 2.10.4. Edison International ................................................................................................................................. 9 2.10.5. NRG .......................................................................................................................................................... 9 2.10.6. AEP ........................................................................................................................................................... 9 2.10.7. Aquila ....................................................................................................................................................... 9 2.10.8. CMS Energy ........................................................................................................................................... 10 2.10.9. Duke Energy ........................................................................................................................................... 10 2.10.10. Powergen ........................................................................................................................................... 10 3. ASIAN MULTINATIONALS ACTIVE IN ELECTRICITY ............................................................................ 10 Table 12. Asian Multinational electricity companies active in Asia-Pacific ........................................................ 10 3.1. CHEUNG KONG ................................................................................................................................................ 11 Table 13. Cheung Kong electricity assets in Asia ................................................................................................ 11 3.2. CHINA LIGHT AND POWER ............................................................................................................................... 11 Public Services International Research Unit (PSIRU), Business School, University of Greenwich, Park Row, London SE10 9LS, U.K. Email: [email protected] Website: www.psiru.org Tel: +44-(0)208-331-9933 Fax: +44 (0)208-331-8665 Director: David Hall Researchers: Jane Lethbridge, Emanuele Lobina, Robin de la Motte, Steve Thomas PSIRU University of Greenwich www.psiru.org Table 14. China Light & Power electricity assets in Asia .................................................................................... 12 3.3. EGAT .............................................................................................................................................................. 12 3.4. J-POWER .......................................................................................................................................................... 13 Table 15. J-Power electricity assets in Asia ......................................................................................................... 13 3.5. KOREAN ELECTRIC POWER COMPANY (KEPCO) ............................................................................................ 13 Table 16. KEPCO electricity assets in Asia ......................................................................................................... 14 3.6. MEIYA POWER ................................................................................................................................................. 14 Table 17. Meiya Power electricity assets in Asia ................................................................................................. 14 3.7. NATIONAL THERMAL POWER CO (NTPC) ....................................................................................................... 15 3.8. SINGAPORE POWER .......................................................................................................................................... 15 Table 18. Singapore Power electricity assets in Asia ........................................................................................... 15 3.9. YTL ................................................................................................................................................................. 15 Table 19. YTLPI electricity assets in Asia ........................................................................................................... 15 4. DEVELOPMENTS BY COUNTRY .................................................................................................................... 15 4.1. AUSTRALIA ...................................................................................................................................................... 15 4.1.1. Victoria ................................................................................................................................................... 16 4.1.2. New South Wales .................................................................................................................................... 16 4.1.3.