Saturday, November 27, 2010

Lead Kindly Light

I just found this old article of mine published in 'The Kathmandu Post' in January 14, 2009. TKP is the largest selling English Daily in Nepal. This article basically summed up the performance of the Nepalese power sector during early 2009. You may follow the link below to read the article in full:
http://www.ekantipur.com/the-kathmandu-post/2009/01/15/expression/lead-kindly-light/175458/

Saturday, November 13, 2010

Nepal-India Oil Pipeline


This is my new article titled 'The Hype on Pipe' concerning the proposal to construct a direct oil pipeline between Nepal and India. My view is that bigger economic opportunities also invite bigger economic challenges.So,the real benefits in the long run will seriously depend upon the extent to which economics will precede over vested interests and counter-productive politics. To read the article in full, please follow the link below:
http://www.myrepublica.com/portal/index.php?action=news_details&news_id=25177

Saturday, October 9, 2010

Understanding Power Sector Reforms



Although, the title of my published article did not pass the editorial sanction by one word; this is the title i would have liked. In this article, i have tried to explain the 'sequencing of power sector reforms' for countries like Nepal based on the generic model suggested by energy economists like Prof. David Newberry and Professor Tooraj Jamasb from the Electricity Policy Research Group (EPRG) at the University of Cambridge, UK. Please find the article in the following link:
http://www.myrepublica.com/portal/index.php?action=news_details&news_id=24174

Monday, June 7, 2010

Natural Gas Prices converging in Germany


This is the abstract of one the papers that i was happy to contribute as a co-author.The paper is being presented in the 3rd International Workshop in Empirical Method in Energy Economics, Surrey, UK. The paper has been co-authored with Dr. Christian Growitsch and Marcus Stronzik from WIK GmbH, Germany.
"In 2007, Germany changed network access regulation in the natural gas sector and introduced a so-called entry-exit system. The re-regulation’s effect on competitiveness remains to be examined. We use cointegration analysis and a state space model with time-varying coefficients to study the development of natural gas spot prices in the two major trading hubs in Germany. To analyse information efficiency in more detail, the state space model is extended to an error correction model. Furthermore, we compare prices in Germany to those at the nearby Dutch TTF, which thus serves as a competitive benchmark. Overall, our results suggest a reasonable degree of price convergence between the corresponding hubs; however, allowing for time-variant adjustment processes, the price differentials are only partly explained by transportation costs. Persistent price differences indicate capacity constraints; nonetheless, market efficiency in terms of information processing has increased considerably."
To read the preliminary version of the paper, you may visit the link:
http://www.seec.surrey.ac.uk/Events/EMEE2010Papers/EMEE2010PAPERGrowitschNepal&Stronzik.pdf

Friday, June 4, 2010

Proceedings of the ICE, Energy


This article has been co-authored with Prof. Tooraj Jamasb and Hande Kiamil.The article can be found online under the above journal heading. Here too, i am sharing the abstract of the paper.
"A sustainable waste management policy is necessary to manage the growing stream of municipal solid waste in ecologically sustainable ways. While landfill has been the dominant form of waste management in the UK there is a need to comply with the EU Landfill Directive. Waste to Energy (WtE) is a viable waste management option to reduce the reliance on landfills and reap the energy benefits of waste. Although the first waste-fired power plant was built in the UK in 1885, several barriers have constrained the use of WtE. This paper assesses the policy and institutional context for the development of the technology in the UK. We discuss how public opinion and choice of technology are important factors in achieving a wider acceptance of WtE in the UK. Thus, there is a need to devise coordinated policies at the regional and local levels concerning a sustainable waste management strategy. Furthermore, making all WtE technologies eligible for renewable obligation certificates (ROCs) could support the development of the technology while also diverting waste from landfills. The absence of efficient heat delivery networks is also identified as a barrier to fulfilling the potential for WtE in the UK."
This journal actually belongs to civil engineers but some economists have managed to sneak in though. For more information about the journal, please visit this site:
http://www.icevirtuallibrary.com/content/serial/ener

Resources, Conservation and Recycling


This is one of the papers written with Prof. Tooraj Jamasb which has been accepted for publication in the journal of Resources, Conservation and Recycling. At this point, i am sharing the abstract of the paper here:
"The growing stream of municipal solid waste (MSW) requires a sustainable waste management strategy. At the same time, addressing climate change and security of energy supply concerns requires increased use of low-carbon and domestic sources of energy. This paper assesses the economic and environmental aspects of waste management options focusing on waste to energy (WtE) as a renewable resource. We discuss how WtE and recycling are compatible as waste treatment options. The paper then presents a social cost-benefit analysis of selected waste management scenarios for the UK focusing on specific waste management targets and carbon prices and compares them with coal fired electricity. The results indicate that meeting the waste management targets of the EU Directive are socially more cost -effective than the current practice. The cost effectiveness improves substantially with higher carbon prices. The findings show that WtE can be an important part of both waste management strategy and renewable energy policy although achieving the full potential of WtE requires development of heat delivery networks."
For more information about the journal, please spare some minutes here:
http://www.elsevier.com/wps/find/journaldescription.cws_home/503358/description#description

Thursday, February 4, 2010

Restructure the Power Sector


Two and a half decades have been forgone but the state-owned Nepal Electricity Authority (NEA) is still struggling ‘big time’ to deliver to its potential. This ‘wait and see’ principle in the power sector has accrued immense costs to the society throughout and is not forward looking at all. NEA’s performance is terribly low when gauged against basic energy indicators such as supply security and tariff rates given what can be achieved. High and persistent system losses, overstaffing, over-the roof- generation costs and high overheads are just some of the current problems facing NEA. Undoubtedly, the vertically-integrated power sector is a proven example of yet another failure story in the country. The ongoing planned power outages of 11 hours per day are certainly a wake-up call to restructure and remodel the electricity sector. Furthermore, the current model is not conducive towards a sustainable low carbon economy which every nation will have to eventually converge to in the future.

Rest of the article can be followed here: http://www.myrepublica.com/portal/index.php?action=news_details&news_id=14724