Power Sector Reforms
Power sector reforms refer to changes made to improve the efficiency, reliability, and sustainability of electricity supply. These reforms often involve restructuring state-owned utilities, introducing competition, and encouraging private investment. The goal is to provide better services to consumers while reducing costs and increasing access to electricity.
Additionally, power sector reforms may include regulatory changes to promote renewable energy sources like solar and wind. Governments often implement policies to enhance energy efficiency and reduce greenhouse gas emissions, aligning with global efforts to combat climate change. These reforms aim to create a more resilient and environmentally friendly power sector.