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What is behind Bolivia's latest energy sector nationalization?

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Please use this identifier to cite or link to this item: http://hdl.handle.net/1928/20965

What is behind Bolivia's latest energy sector nationalization?

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Title: What is behind Bolivia's latest energy sector nationalization?
Author: Inter-American Dialogue’s Latin American Energy Advisor
Subject(s): Latin America
Bolivia
Evo Morales
Spain
Red Eléctrica
power
energy
grid
nationalization
expropriation
electricity sector
policy
energy generation
supply
demand
foreign investment
Abstract: Bolivian President Evo Morales on May 1 seized the local unit of Spain's Red Eléctrica, the owner of approximately 85 percent of the South American country's power grid. Morales alleged that only $81 million had been invested in the country's power grid since it was privatized in 1997, while Spain's ambassador to Bolivia, Ramon Santos, said the takeover sends "a negative message that generates distrust," the Associated Press reported. Will the state be able to effectively take control of the electrical grid? Is the nationalization a good thing for the Bolivian power sector and will it lead to increased investment? How does the move compare to takeovers in other South American countries?
Date: 2012-05-14
Publisher: Inter-American Dialogue
Citation: Inter-American Dialogue’s Latin American Energy Advisor, May 14-18, 2012; pp. 1, 6.
Description: Re-posted with permission from the publishers as a PDF document as part of an Institutional Repository collection to aggregate energy policy, regulation, dialogue and educational materials.
URI: http://hdl.handle.net/1928/20965

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