The short-term costs of local content requirements in the Indian solar auctions

Probst, Benedict; Anatolitis, Vasilios; Kontoleon, Andreas; Anadón, Laura Díaz

doi:10.1038/s41560-020-0677-7

Cited by 32 publications

(10 citation statements)

References 36 publications

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“…Also, Respondent D1 underscored the fact that local content development may have initial cost premium but in the long run will pay off and contribute to competitive advantage for the multinational oil and gas companies. The views of Respondents C1 and D1 about short-term cost premium are supported by the findings of Probst et al (2020), which state that local content requirement policies resulted in a marginal increase in the cost of solar photovoltaic power in India over a 4-year period.…”

Section: Input Cost Savings and Value Improvementmentioning

confidence: 83%

Strategies for improving local content development in Nigeria oil and gas industry

Onwuka¹,

Schaefer²,

Román³

2021

Afr. J. Bus. Manage.

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Local content development is a strategic management issue for multinational extractive companies inAfrica with significant business implications. As local content statutory regulators aim to increase the average local content value in the Nigeria oil and gas industry from 26% in 2017 to 70% in 2027, supply chain managers need strategies to increase local content. The purpose of this qualitative multiple case study was to explore strategies supply chain managers in the multinational oil and gas companies in Nigeria use to increase local content. The participants comprised eight supply chain managers and leaders in multinational oil and gas companies and the Nigerian Content Development and Monitoring Board involved in local content development activities. Data were collected from semi structured interviews and secondary documents. Thematic analysis generated two themes: Business value drivers for local content development and overarching local content development strategies. A key recommendation is for supply chain managers to document business value drivers for implementing local content development strategies. Future research recommendations include review and ranking of strategies by using a quantitative methodology, and an assessment of the relationship between local content development expenditure and tangible business value created.

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Section: Input Cost Savings and Value Improvementmentioning

confidence: 83%

Strategies for improving local content development in Nigeria oil and gas industry

Onwuka¹,

Schaefer²,

Román³

2021

Afr. J. Bus. Manage.

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“…Empirical evidence, from Africa and elsewhere (9), reveals that there is ample scope for improving the effectiveness of localcontent requirements. Two design shortcomings are especially common in Africa: the mismatch between requirements and actual domestic capacities, which deters and delays foreign investors, and the lack of sustained demand, which limits the ability of local providers to plan and undertake capacity expansions.…”

Section: Insights | Policy Forummentioning

confidence: 99%

An action agenda for Africa's electricity sector

Puig

Moner‐Girona

Kammen

et al. 2021

Science

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“…Yet, fast-growing emerging and developing economies urgently need to adopt these technologies to decarbonise their economies. While emerging economies, such as China and India, are building domestic CCMT industries, developing countries are often reluctant to bear the additional cost of CCMT compared to "brown" alternatives 1,4 . Within the United Nations Framework Convention on Climate Change (UNFCCC), several instruments -such as the Technology Transfer Mechanism and the Clean Development Mechanism -have attempted to address this challenge and encourage the CCMT transfer 5 .…”

Section: Main Textmentioning

confidence: 99%

Global Trends in the Innovation and Diffusion of Climate Change Mitigation Technologies

Probst

Touboul

Glachant

et al. 2021

Preprint

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Increasing the development and diffusion of low-carbon technologies on a global scale is critical to mitigating climate change. Based on over two million patents from 1995 to 2017 from 106 countries in all major climate mitigation technologies, our analysis shows an annual average low-carbon patenting growth rate of 10 percent from 1995 to 2013. Yet, from 2013 to 2017 low-carbon patenting rates have fallen by around 6 percent annually, likely driven by declining fossil fuel prices and, possibly, a readjustment of investors’ expectations and a stagnation of public funding for green R&D after the financial crisis. The Paris Agreement does not appear to have reversed the negative trend in low-carbon patenting observed since 2013. Innovation is still highly concentrated, with Germany, Japan, and the US accounting for more than half of global inventions, and the top 10 countries for around 90%. This concentration has further intensified over the last decade. Except for China, emerging economies have not caught up and remain less specialised in low-carbon technologies than the world average. This underscores the need for more technology transfers to developing and emerging economies, where most of the future CO2-emissions increases are set to occur. Existing transfer mechanisms, such as the UN Technology Transfer Mechanism and the Clean Development Mechanism, appear insufficient given the slow progress of technology transfer.

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The short-term costs of local content requirements in the Indian solar auctions

Cited by 32 publications

References 36 publications

Strategies for improving local content development in Nigeria oil and gas industry

Strategies for improving local content development in Nigeria oil and gas industry

An action agenda for Africa's electricity sector

Global Trends in the Innovation and Diffusion of Climate Change Mitigation Technologies

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