Innovative Approaches Through Which Developing Nations are Lowering the Cost of Electricity for Their Citizens

There are several approaches through which developing nations are lowering the cost of electricity for their citizens.

The first of those approaches through which the developing nations are lowering the cost of electricity for their citizens is the approach of opting to import electricity. ThisĀ  works well in nations whose power grids have deficits, and whose neighbors happen to have power surpluses they can import. And as more power comes into the grids, costs tend to go down.

The second of those approaches through which developing nations are lowering the cost of electricity for their citizens is the approach of opting for BOT (Build, Operate and Transfer) deals.

The third approach through which the developing nations are lowering the cost of electricity for their citizens is that of liberalizing their energy sectors. That way, electricity production and distribution companies that were previously government-owned are transferred to the private sector, which manages them more efficiently. This way, they are also able to raise more capital, which is invested in power production, with more power production translating into lower costs. The end result is a situation where, for instance, you end up with the stocks of these power generation and distribution companies being sold on Etrading sites like the one known as Etrade (www.etrade.com).

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