Box 1: Common Power Sector Reforms

For purposes of this report, the term "reform" will be used as a proxy for a broad range of changes in the power sector that could include one or more of the following:
* separating forming a corporation and commercializing the management of public utilities;
* separating introducing private-sector management or ownership of generation, transmission, and distribution assets and operations;
* separating creating wholesale power markets in which independent power producers sell to the grid;
* separating generation, transmission, distribution, and retail services; and
* separating creating retail markets in which private entities compete to supply electricity services to end-use customers.

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