Econonomics of Energy and Environmental Policy

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Financing the Last Mile of Electricity-for-All Programs: Experiences from China

Financing electricity for all programs has been a main barrier to achieve universal energy access. In this paper, we investigate the financing mechanisms of China's electricity for all programs with a focus on the last mile problem, and we find that central investment, cost sharing, and public-private partnerships are essential for China's success in such programs. We also discuss the challenges to disseminate those financial mechanisms to enable successful electricity for all programs.
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JEL Codes:L51: Economics of Regulation, D02: Institutions: Design, Formation, Operations, and Impact, N75: Economic History: Transport, Trade, Energy, Technology, and Other Services: Asia including Middle East

Keywords: Electricity for all, financing, China

DOI: 10.5547/2160-5890.8.1.ghe

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Published in Volume 8, Number 1 of The Quarterly Journal of the IAEE's Energy Economics Education Foundation.


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