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The explanatory power of the framework is demonstrated through a case study on the different paces of wind power diffusion in five Indian states. Lastly, I evaluate the Clean Development Mechanism as a tool to encourage investment from developed nations for renewable infrastructure in developing countries. I create an agent-based model to simulate investment decisions under different improvements to the program, providing quantitative support for the effectiveness of some improvements over others. In addition to each paper's individual contributions, the findings collectively provide important implications for the future of renewable energy policy and its ability to support continued sustainable growth.
The United States and China are the world's top two energy consumers and, as of 2010, the two largest economies. Consequently, they have a decisive role to play in the world's clean energy future. Both countries are also motivated by related goals, namely diversified energy portfolios, job creation, energy security, and pollution reduction, making renewable energy development an important strategy with wide-ranging implications. Given the size of their energy markets, any substantial progress the two countries make in advancing use of renewable energy will provide global benefits, in terms of enhanced technological understanding, reduced costs through expanded deployment, and reduced greenhouse gas (GHG) emissions relative to conventional generation from fossil fuels. Within this context, the U.S. National Academies, in collaboration with the Chinese Academy of Sciences (CAS) and Chinese Academy of Engineering (CAE), reviewed renewable energy development and deployment in the two countries, to highlight prospects for collaboration across the research to deployment chain and to suggest strategies which would promote more rapid and economical attainment of renewable energy goals. Main findings and concerning renewable resource assessments, technology development, environmental impacts, market infrastructure, among others, are presented. Specific recommendations have been limited to those judged to be most likely to accelerate the pace of deployment, increase cost-competitiveness, or shape the future market for renewable energy. The recommendations presented here are also pragmatic and achievable.
Renewable energy plays an important role in contributing to the transition toward low-carbon development growth, in enhancing technology diversification and hedging against fuel price volatility, in strengthening economic growth, and in facilitating access to electricity. The global trends indicate a growing commitment to renewable energy development from developed and developing countries in both the introduction of specific policy levers and investment flows. Developing countries have now a long history of designing and implementing specific policy and regulatory instruments to promote renewable energy. Today, feed-in tariff policies are being implemented in about 25 developing countries and quantity based instruments, most notably auction mechanisms, are increasingly being adopted by upper middle income countries. This paper summarizes the results of a recent review of the emerging experience with the design and implementation of price and quota based instruments to promote renewable energy in a sample of six representative developing countries and transition economies. The paper discusses the importance of a tailor-made approach to policy design and identifies the basic elements that have proven instrumental to policy effectiveness, including adequate tariff levels, long term policy or contractual commitments, mandatory access to the grid and incremental cost pass-through. Ultimately, a low carbon development growth in the developing world depends on the availability of resources to finance the solutions that exhibit incremental costs. Policies introduced to support renewable energy development should be designed and introduced in combination with strategies that clearly identify sources of finance and establish a sustainable incremental cost recovery mechanism (for example, using concessional financial flows from developed countries to leverage private financing, strengthening the performance of utilities and distribution companies, or allowing the partial pass-through of incremental costs to consumer tariffs with a differentiated burden sharing that protects the poor). Without question, policy makers will have to ensure that the design of different policy mechanisms and the policy mix per se deliver renewable energy targets with the lowest possible incremental costs and volume of subsidies.
'offers knowledge and inspiration to promote renewable energy in developing and industrialized countries' Klaus Toepfer, Executive Director of UNEP From technology to financing issues, Renewable Energy offers a comprehensive and authoritative review of the determining factors that drive worldwide dissemination of renewable energy technologies. With a clear emphasis on policy and action, contributions from internationally renowned experts combine to form a holistic picture of the current status, impacts and future potential of renewable energy. Addressing the situation in both developing and developed countries, each chapter reviews in detail a different issue, to present extensive information on social, environmental, political, economic and technological aspects. This will be essential reading for professionals in renewable energy, in particular policy-makers, researchers, NGOs and energy consultants, and a valuable resource for teachers and students of renewable energy, environmental studies, development studies, political science and international relations.
Significant progress has been made by industrial countries to reduce emissions from the use of fossil fuels, but as the economies of the less-developed regions of the world begin to expand, they too will face similar challenges. This book looks at energy transitions being made in developing countries, focusing on the adoption of renewable energy systems in Africa, for example under the UN Sustainable Energy for All programme, but also by the EU in the Former Soviet countries of Eastern and Central Europe. It draws on experience from involvement with programmes in the EU and Africa and will be of great interest to academics, policy makers and practitioners in the development aid and renewable energy policy fields.
This book highlights the role that renewable energy can play in achieving sustainable development. It focuses on rural areas of developing countries, looking in particular at stand-alone solar home systems and grid-connected biomass cogeneration plant. It provides a summary of the main barriers to the successful transfer of renewable energy technology, illustrated by case studies drawn from Indonesia, the Philippines, Vietnam, Thailand, the South Pacific, Kenya and India. Options for overcoming the barriers and the role of key players are presented. The book also outlines the potential role of the Clean Development Mechanism of the Kyoto Protocol in facilitating renewable energy technology transfer in the context of climate change.The book will appeal to academics, consultants, technology manufacturers, international funding bodies, multilateral and bilateral aid agencies, policy-makers and planners in developing countries.
This book covers critical debates on policies, markets and emerging issues that shape renewable energy transition in the Asian region, which is fast becoming an epicenter of the global energy consumption. The chapters focus on domestic policies, geopolitics, technology landscape and governance structure pertaining to the development of renewable energy in different Asian countries ranging from China to the Middle East. The book presents an insightful view of the pace and magnitude of the energy transition. It presents critical steps countries are taking to promote affordable and clean energy (SDG 7) as well as strengthening climate mitigation actions (SDG 13). In addition, this book introduces the concept of co-innovation---a collaborative and iterative approach to jointly innovate, manufacture and scale up low-carbon technologies---and its role in promoting energy transition in Asia. Chapter 8 (Renewable energy deployment to stimulate energy transition in the Gulf Cooperation Council) is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.
Many advanced industrialized countries have, in recent years, experienced a significant expansion of energy production from renewables. Yet we know quite little about the dynamics of the underlying policy-choices in this area. Using new data on adoptions and changes in Feed-In Tariff and Green Certificate schemes in 26 advanced industrialized countries over 20 years, we examine both domestic driving forces as well as international determinants. The findings suggest that three factors play a particularly important role in pushing countries towards market-based support systems: characteristics of the existing energy supply system, a federalist structure of the political system, and EU membership. Particularly noteworthy is the finding that higher shares of fossil and nuclear energy in the national energy supply as well as higher CO2 intensity of the economy do not, as we had expected, stand in the way of policies for supporting renewables. To the contrary, they increase the likelihood of a country adopting such policies. We also find, howewer, that higher economic growth and higher growth in solar and wind energy capacity tend to reduce the political appetite for reforms of existing schemes.
The services economy is on the rise all around the world, and services now comprise the largest share of economic activity and employment in almost every country. This book presents the latest evidence demonstrating how technologies and globalization have transformed the services industry. Services are becoming increasingly tradable under World Trade Organization rules and regional trade agreements, and some services subsectors are also seeing rates of productivity growth comparable to that in manufacturing. At the same time, services are increasingly contributing to manufacturing success, and countries’ overall economic competitiveness now hinges crucially on the availability of high-quality and affordable services inputs. Furthermore, a well-functioning services sector can accelerate human development through better access to basic needs, such as education, energy, finance, health, water, and sanitation. Services can also be a source of good jobs with fewer negative environmental and social externalities. Overall, the ongoing structural transformation toward a services economy is a unique opportunity to achieve long-term income growth, which in turn promotes sustainable development. This book offers suggestions on how to achieve this, and is thus an indispensable read for researchers and policy makers alike.