“…Developing countries have been slower to implement the model in full, with the actual development of policies usually treated as a series of stages on the road to full liberalisation–‘intermediate structures’ which can themselves ‘attract private sector participation’ (Besant-Jones & Vagliasindi, 2013). A growing number of studies in developing countries have documented similar evidence that the expected impact on prices and performance is lacking, compounded by limited progress on renewables (Dagdeviren, 2009; IEA, 2015; Sen, Nepal, & Tooraj., 2016). Most conclude that the reform process itself needs to be revised in various ways, but retain the core approach: ‘a new consistent market framework is needed’ (IEA, 2015), or “reform” of electricity reforms’ (Sen et al, 2016).…”