Region
High-income OECD
Income group
High income
Most populous city
New York City

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Disclaimer: Note that the following information is not part of the score that the country receives on the Investing Across Sectors indicators. This information is provided as complementary to the data on the foreign ownership restrictions, and is based on the survey respondents’ comments and assessments. The World Bank Group does not guarantee accuracy of this information.

Sector group:
Electricity
Sector:
Power generation – wind: A foreign company seeking to own a wind power plant.
Market structure:
 
Survey respondents' answer to the following question, "Define the market structure in your economy for this sector."
Unspecified market structure
Regulatory license:
 
Survey respondents' answer to the following question, "If a foreign company wanted to obtain a sector-specific regulatory license (or a concession contract) to open and operate a new business in that sector, how likely would the government be to issue such a license, provided that the foreign company meets all legal and regulatory requirements?"
Very likely
Name of regulatory authority
(1) Federal Energy Regulatory Commission (depending on nature of transactions), (2) state regulatory authority (depending upon nature of transactions and state statute)
Additional comments:
There are no restrictions on foreign ownership as such, but transactions may be subject to review by the FERC under the Federal Power Act of 1920 and/or regulatory review under applicable state law. While there is no generally applicable prohibition, laws in individual states may restrict out-of-state ownership, including foreign ownership, of electricity utility property. Wisconsin, for example, requires in-state registration of electric utilities and holding companies;
There are foreign firms currently operating in this sector
The level of competition varies per state. The general tendency is that mono- or oligopolies go toward more competitive markets.