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Why do water concessions in Portugal do not work. A real case criticoal Overview

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Resumo(s)

Water and sewerage concession in Portugal face an adverse public and political opinion. Despite the theoretical merits of the model, renegotiations, financial compensations along with high prices for the services have been creating a trend of unilateral reversions and the absence of new concessions awards. A specific and real case will be analyzed, determining if the procedures and contractual terms are appropriate in terms of economic regulation or if, on the contrary, imposes costs to users and provide “abnormal” returns to the private operator

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Cost of capital Water service concessions Public-private partnerships Utility infrastructures Natural monopoly

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Licença CC