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Deregulation is transforming the energy sector
Research and Markets have announced the addition of the 'Water Deregulation Report -- Global 2002 report to their offering.
(PRWEB) February 14, 2004 --- The issues arising from Private Sector Participation in WWS
- Vast investment requirements
- The model adopted in each country
- A reference source for 145 countries
- Developments up to mid-2002
- How protection has hindered development
Deregulation is transforming the energy sector. How can PSP (Private Sector Participation) be applied in the water and waste industry? Can competition be introduced in a sector which many people regard as a fundamental social duty of government? The water and waste sector is only a short step down the road of liberalisation but new methods and models of PSP are being devised to open the markets. WWS development cannot proceed without PSP funds.
- The inescapable financial realities
- There is a powerful funding need for access to the private capital markets
In the last 20 years the United States and the EU have enacted environmental laws which have generated an enormous capital investment requirement. Utilities in the US and Europe do not have a choice, it is mandatory for them to comply. Congress in the US has authorised federal subsidies of $58 billion for the municipal utilities but they have to find $138 billion in total. In the EU a total of $226 billion of capex plus $256 billion of additional operating expenditure, totaling $482 billion is required between 1990 and 2010 to meet the EU Water and Waste Directives. Such expenditure is larger than the economies of all but the largest six countries. 36% of this expenditure will be in Germany, which is already spending about $100 billion a year rehabilitating Eastern Germany. To all of this must be added the $618 billion which needs to be spent upgrading the water and sanitation services in the
EU accession countries of Eastern Europe and the developing world in the next ten years. The final tally is that to meet all these mandatory legal requirements the world is going to have to find about $1.1 trillion in the next ten years, over what the governments have voted. 37 major European cities are already in default of the EU Urban Waste Directive and have received
warnings" from the European Commission.
The energy companies generate five to ten times the revenue of water companies, but their infrastructure is in far better condition and their capex requirements are much lower.
- Where is the WWS going to get the money to meet its mandatory obligations?
1 The Issues
- Why PSP?
- US and EU Legislation on Standards
- Investment requirement -- tables and analysis
- The state of WSS infrastructure
- The French dominance in WWS markets
- New competitors from UK, US, Germany and Spain
- PSP levels
- Different models of PSP
2 World Survey of PSP (Private Sector Participation) -
Survey summarising the status of PSP in every country.
3 Country Reports
Individual outlines for over 100 countries.
4 The larger countries, with the greatest financial burden are
profiled in depth, example Germany
For a complete index of this report click on http://www.researchandmarkets.com/reports/45534
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