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Taking stock of wholesale power markets in developing countries : a literature review (anglais)

Although many developing countries have yet to meet the considerable prerequisites for establishing wholesale power markets, a significant minority of larger middle-income countries have introduced diverse markets in the past 25 years. Cost-based pools proved particularly popular in Latin America and look to be a more straightforward starting point than the bid-based pools adopted in some other jurisdictions. Successful design of power markets involves...
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