Design and Performance of Policy Instruments to Promote the Development of Renewable Energy : Emerging Experience in Selected Developing Countries

This report summarizes the results of a recent review of the emerging experience with the design and implementation of policy instruments to promote the development of renewable energy (RE) in a sample of six representative developing countries and transition economies ('developing countries') (World Bank 2010). The review focused mainly on price- and quantity-setting policies, but it also covered fiscal and financial incentives, as well as relevant market facilitation measures. The lessons learned were taken from the rapidly growing literature and reports that analyze and discuss RE policy instruments in the context of different types of power market structures. The analysis considered all types of grid-connected RE options except large hydropower: wind (on-shore and off-shore), solar (photovoltaic and concentrated solar power), small hydropower (SHP) (with capacities below 30 megawatts), biomass, bioelectricity (cogeneration), landfill gas, and geothermal. The six countries selected for the review included Brazil, India, Indonesia, Nicaragua, Sri Lanka, and Turkey.

Bibliographic Details

Main Authors:	Elizondo Azuela, Gabriela, Barroso, Luiz Augusto
Language:	English en_US
Published:	Washington, DC: World Bank 2012
Subjects:	ACCESS TO ELECTRICITY, ALLOCATION, ALLOWANCES, ANTHROPOGENIC EMISSIONS, APPROACH, AUCTION, AUCTION MECHANISM, AUCTION MECHANISMS, AUCTION SYSTEM, AUCTIONS, BALANCE, BALANCE SHEET, BANK LOAN, BARRIERS TO ENTRY, BATTERIES, BID, BIDS, BIOMASS, BIOMASS HARVESTING, BLACK MARKET, BONDS, CALCULATION, CAPACITY FACTOR, CAPACITY FACTORS, CAPACITY INVESTMENTS, CAPITAL COSTS, CARBON MARKET, CARBON MARKETS, CARBON TAX, CARBON TAXES, CERTIFIED EMISSION REDUCTIONS, CLEAN ENERGY, CLIMATE, CLIMATE CHANGE, CO, CO2, COAL, COGENERATION, COLORS, COMMERCIAL BANKS, COMPETITIVE AUCTION, COMPETITIVE BIDDING, COMPETITIVE BIDDINGS, COMPETITIVE TENDERS, COMPETITIVENESS, CONCENTRATES, CONFLICT OF INTEREST, CONVENTIONAL ENERGY, DEBT, DEBT RATIO, DEFICITS, DEPOSIT, DEVELOPING COUNTRIES, DEVELOPING COUNTRY, DEVELOPMENT BANK, DIESEL, DIFFUSION, DOMESTIC MARKETS, ECONOMIC DEVELOPMENT, ECONOMIC EFFICIENCY, ECONOMIC GROWTH, ELECTRIC VEHICLES, ELECTRICITY, ELECTRICITY GENERATION, ELECTRICITY GENERATION CAPACITY, ELECTRICITY MARKETS, ELECTRICITY PRICE, ELECTRICITY PRICES, ELECTRICITY SYSTEM, EMISSION, EMISSIONS, EMPLOYMENT, ENERGY DEVELOPMENT, ENERGY ECONOMICS, ENERGY EFFICIENCY, ENERGY INFORMATION ADMINISTRATION, ENERGY MANAGEMENT, ENERGY MARKETS, ENERGY MIX, ENERGY NEEDS, ENERGY POLICIES, ENERGY SOURCES, EQUIPMENT, EXCHANGE RATE, FEASIBILITY, FINANCIAL BURDEN, FINANCIAL INCENTIVES, FINANCIAL INSTRUMENTS, FOSSIL, FOSSIL FUEL, FOSSIL FUELS, FREE MARKET, FUEL OIL, FUEL PRICE, FUEL PRICES, GAS, GAS PRICES, GENERATING CAPACITY, GENERATION, GENERATION CAPACITY, GENERATION MIX, GEOTHERMAL CAPACITY, GREEN POWER, GREENHOUSE, GREENHOUSE GAS, GREENHOUSE GAS EMISSIONS, GREENHOUSE GASES, GRID CONNECTION, GRID INTEGRATION, GROSS NATIONAL INCOME, HOT WATER, HYDROLOGY, HYDROPOWER, INCOME, INCOME TAX, INFLATION, INFORMATION ASYMMETRIES, INSTRUMENT, INTERNATIONAL BANK, INTERNATIONAL FINANCE, INVESTMENT CLIMATE, INVESTMENT DECISIONS, INVESTMENT FLOWS, JOBS, LAND USE, LANDFILL, LANDFILL GAS, LEGAL FRAMEWORKS, LEVEL OF RISKS, LOW-CARBON, MACROECONOMIC CONDITIONS, MARKET CONDITIONS, MARKET CONFIDENCE, MARKET DESIGN, MARKET DEVELOPMENT, MARKET ENTRY, MARKET FAILURES, MARKET FLUCTUATIONS, MARKET FORCES, MARKET LIBERALIZATION, MARKET PARTICIPANTS, MARKET PRICE, MARKET PRICES, MARKET SHARE, MARKET STRUCTURE, MARKET STRUCTURES, MARKET TRENDS, MATURITY, MONOPOLY, NATURAL GAS, NET COST, OIL, OIL PRICE, OIL PRICES, PENALTIES, PHOTOVOLTAICS, POLICY MAKERS, POLITICAL STABILITY, PORTFOLIO, POWER, POWER GENERATION, POWER PRODUCER, POWER PRODUCERS, POWER PURCHASE AGREEMENTS, POWER SECTOR, POWER SECTORS, POWER SUPPLY, POWER SYSTEM, PREMIUM PRICE, PRESENT VALUE, PRICE FLUCTUATIONS, PRICE FORMATION, PRICE SPIKES, PRICE VOLATILITY, PRIVATE INVESTMENT, PURCHASING, REGIONAL GREENHOUSE GAS INITIATIVE, REGULATORY FRAMEWORKS, REGULATORY POLICIES, RELEVANT MARKET, RENEWABLE ENERGY, RENEWABLE ENERGY CAPACITY, RENEWABLE ENERGY DEVELOPMENT, RENEWABLE ENERGY MARKET, RENEWABLE ENERGY POLICY, RENEWABLE ENERGY SOURCES, RENEWABLE ENERGY TECHNOLOGIES, RENEWABLE PORTFOLIO STANDARD, RENEWABLE PORTFOLIO STANDARDS, RESERVE, RESERVE MARGIN, RESOURCE ECONOMICS, RETAIL, RULE OF LAW, SMALL HYDROPOWER, SOFT LOANS, SOLAR POWER, SPOT MARKET, SPOT PRICE, SPOT PRICES, SUGARCANE, SUPPLIERS, SUSTAINABLE ENERGY, SUSTAINABLE ENERGY PRODUCTION, TARIFF DESIGN, TAX CREDITS, TAX EXEMPTIONS, TAX INCENTIVES, TAX POLICY, TOTAL COST, TRADING, TRADING SYSTEM, TRADING SYSTEMS, TRANCHES, TRANSACTION, TRANSACTION COSTS, TRANSITION ECONOMIES, TRANSMISSION INFRASTRUCTURE, UNEP, UTILITIES, WIND, WIND CAPACITY, WIND DATA, WIND DEVELOPERS, WIND ENERGY, WIND GENERATION, WIND INSTALLATIONS, WIND POWER, WIND POWER DEVELOPMENT, WIND PROJECTS, WIND SPEED, WIND TURBINES, WORLD MARKET,
Online Access:	http://documents.worldbank.org/curated/en/2012/06/16489200/design-performance-policy-instruments-promote-development-renewable-energy-emerging-experience-selected-developing-countries https://hdl.handle.net/10986/9379
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