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An iterative convergence procedure for electrification planning, regulation, and finance to achieve universal access

S. Díaz-Pastor, I.J. Pérez-Arriaga

RCEA International Conference in Economics, Econometrics, and Finance - RCEA_ICEEF 2026, Madrid (Spain). 25-27 May 2026


Summary:

Universal electrification does not fail because countries lack least-cost techno-economic plans. It fails when those plans cannot be translated into affordable, financeable, and sustainable business models.
This paper develops an iterative convergence procedure linking rollout planning, regulatory and business design, and financeability assessment. It combines an information exchange matrix with a convergence algorithm to trace how implementation constraints feed back into earlier decisions and to distinguish revisions that can be handled within the existing least-cost plan from those that require re-planning. Zambia-based examples illustrate both cases. The framework provides a practical reference for turning access strategies into implementable programs.


Spanish layman's summary:

La electrificación universal requiere coherencia entre planificación, regulación y financiación. Este artículo propone un procedimiento iterativo que formaliza estas interdependencias e identifica cuándo las restricciones de viabilidad pueden resolverse sin revisar el plan de electrificación subyacente.


English layman's summary:

Universal electrification requires consistency across planning, regulation, and finance. This paper proposes an iterative procedure that formalizes these interdependencies and identifies when feasibility constraints can be resolved without revising the underlying electrification plan.


Keywords: electricity access; electrification planning; distribution regulation; infrastructure finance; universal energy access


Publication date: 25-May-2026.


Citation:
S. Díaz-Pastor, I.J. Pérez-Arriaga, "An iterative convergence procedure for electrification planning, regulation, and finance to achieve universal access", presented at RCEA International Conference in Economics, Econometrics, and Finance - RCEA_ICEEF 2026, Madrid, Spain, 25-27 May 2026

    Research topics:
  • Universal energy access and electrification
  • Planning and operation of networks and DER
  • Regulation of energy network infrastructures: distribution
  • Renewable energy integration
  • Isolated systems: Islands, microgrids, off-grid
  • Analysis of sustainable energy policies
  • Institutional and Political Energy Economics
  • Long-term energy scenarios
  • Robust energy planning and policy design under deep uncertainty
  • New business models in the power sector
  • Energy Justice
  • Energy and transport poverty: indicators, policies, and regulation
  • Retail prices and tariff design
  • Finance and sustainability
  • Social inclusion and vulnerability
  • Development of advanced ESG and socioeconomic metrics based on composite indicators
  • Impact assessment of economic and public policies
    Research groups:
  • Instituto de Investigación Tecnológica (IIT)
    ODS:
  • Goal 7: Affordable and clean energy
  • Goal 1: End poverty
  • Goal 3: Health and well-being
  • Goal 8: Decent work and economic growth
  • Goal 9: Industry, innovation and infrastructure
  • Goal 10: Reducing inequalities
  • Goal 11: Sustainable cities and communities
  • Goal 13: Climate action
  • Goal 17: Partnerships for the Goals

IIT-26-100C

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