Promoting renewable electricity generation in emerging economies

Becker, Bastian; Fischer, Doris

doi:10.1016/j.enpol.2013.01.004

Cited by 91 publications

(34 citation statements)

References 14 publications

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“…Although auctions eliminate such issues, they can come with significant administrative costs and reduce the levels of small-scale generation and private sector engagement that FiTs have been effective at stimulating. Such considerations have made the debate on optimal policy for various contexts a topic of significant discussion [20].…”

Section: Global Renewable Energy Policy Status and Trendsmentioning

confidence: 99%

Renewable energy policy trends and recommendations for GCC countries

Griffiths

2017

Energy Transit

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Policies to support the deployment of renewable energy technologies have been widely established for power generation, heating, cooling, and transportation. However, as renewable energy technologies have become increasingly cost-competitive and more widely deployed, policymakers have begun to focus their attention on the adaption of existing policies to reflect the rapidly changing economics of these technologies and the impacts they have may have on the energy systems in which they are deployed. Optimal renewable energy policies moving forward must, therefore, be context specific and tailored to the unique political, economic and social circumstances of the regional, national or sub-national energy systems in which they are to be applied. The Gulf Cooperation Council (GCC) is a region where each member country has stated ambitions and targets for renewable energy but deployment to date has been minimal. Therefore, GCC ambitions must be translated into actions via defined policies and regulations that reflect regional context, and thus have the highest likelihood of achieving success. This paper investigates current trends in renewable energy policy with the aim of identifying those that will be the most effective and feasible to catalyze renewable energy in GCC countries. The findings show that utility-scale renewable energy auctions are a primary mode of stimulating renewable energy deployment internationally and this mechanism is optimally aligned with catalyzing renewable energy deployment in the GCC countries. However, further evolution of regionally tailored renewable energy policy will be required as auction mechanisms gain traction and renewable energy becomes increasingly prominent.

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Section: Global Renewable Energy Policy Status and Trendsmentioning

confidence: 99%

Renewable energy policy trends and recommendations for GCC countries

Griffiths

2017

Energy Transit

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“…Our preliminary research findings (discussions with policymakers and experts [2,18,28,29]; indicated that three main objectives of using auctions for energy procurement are (see Section 2.1.1):…”

Section: Methodsmentioning

confidence: 99%

“…Second, most of these studies e e.g. Maurer and Barroso [28] and IRENA [19] e examined auctions in developing countries other than India; only a few e Becker and Fischer [2] and Kylili and Fokaides [24] e examined renewable energy auctions in India, but they not only limited their scope to the national auctions but also did not examine deployment effectiveness. Finally, many studies e e.g., IEA [18] and Santana [40]; e discussed merits of auctions, but did not examine individual auctions in detail.…”

Section: Prior Workmentioning

confidence: 99%

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Designing renewable energy auctions for India: Managing risks to maximize deployment and cost-effectiveness

Shrimali

Konda²,

Farooquee³

2016

Renewable Energy

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a b s t r a c tWe examined 20 renewable energy auctions in India and elsewhere to answer two questions: first, have auctions been effective; and second, how can they be designed to achieve India's renewable energy targets? The significant contributions lie in the larger sample size, use of secondary and primary research, and application of quantitative and qualitative analysis. We found that auctions are almost always cost-effective, with savings up to 58% from baseline feed-in tariffs. However, auctions may not always be deployment-effective, with only 17% of the auctions with greater than 75% deployment. We then examined how to best design auctions by assessing seven major risks, and found the following: first, for every 1% increase in total risk, deployment effectiveness decreased by 2% points; second, project specific risks have 60% greater impact than auction specific risks; and third, deployment effectiveness is most affected by auction design, completion, and financial risks. We also found that effectiveness of auctions in India can be improved by ensuring competition, improving transmission infrastructure, providing payment guarantees, using pay-as-bid auctions, including stringent penalties for delays, and introducing auctions in a controlled manner.

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“…On the one hand, the city administration depends on electricity sales revenues, in particular from middle-and highincome households, for expanding electricity access and providing subsidized electricity to indigent households. On the other hand, as described by Becker and Fischer (2013), South Africa also identifies development of renewable energies as important. Rapid growth of residential PV would be in line with aims of decreasing CO 2 emissions and increasing the share of renewable energies (Msimanga and Sebitosi, 2014;Winkler, 2007;Winkler et al, 2011).…”

Section: Introductionmentioning

confidence: 95%