At one extreme there is a cluster of countries in which 80 per cent or more of generating capacity is now privately held, including several countries we have previously discussed (such as Argentina, New Zealand, the UK and the US), but also several we have not (such as Chile, Japan, Portugal and Spain).41 At the other extreme, however, is a cluster of countries where less than 30 per cent of generating capacity is privately held, ranging from Croatia to Israel and from Indonesia to Mexico.
