Design And Performance Of Policy Instruments To Promote The Development Of Renewable Energy

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.

In the early 1990s, developing countries started to introduce different economic incentives to promote the deployment of renewable energy. 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

This books explains a strategy that a country can meet its CO2 emission reduction targets (e.g., as are in Paris Agreement) with a dominant share of nuclear power with a balanced energy supply mix. The book starts with an introduction to the subject of energy policy, mechanisms, and CO2 emissions, and the complexity of the CO2 reduction goal. It introduces the system dynamics approach as a solution modeling approach for dealing with the complexity of CO2 reducing policies and mechanisms. The book presents the dynamic model and its key parameters and then elaborates the structural and behavioral validity of the dynamic model. The book gives an intensive review to do that comparative analysis involving China, India, Saudi Arabia, UAE, and Pakistan. The last half of the book focuses on the case in Pakistan. The author reviews Pakistan’s Intended Nationally Determined Contribution and other key sources from Pakistan’s Ministry of Energy and related institutions. Using Pakistan’s case data, the author applies the system dynamics modeling approach whereby a dynamic model, capable of representing the important interactions among various sectors of the electricity supply sector of Pakistan. This book is intended to be of use to policymakers, managers and practitioners, teachers, researchers, and students of design and assessment of policymaking for the complex, dynamic energy systems

This volume features research and case studies across a variety of industries to showcase technological innovations and policy initiatives designed to promote renewable energy and sustainable economic development. The first section focuses on policies for the adoption of renewable energy technologies, the second section covers the evaluation of energy efficiency programs and the final section provides evaluations of energy technology innovations. Environmental concerns, energy availability and political pressure have prompted governments to look for alternative energy resources that can minimize the undesirable effects for current energy systems. For example, shifting away from the conventional fuel resources and increasing the percentage of electricity generated from renewable resources, such as solar and wind power, is an opportunity to guarantee lower CO2 emissions and to create better economic opportunities for citizens in the long run. Including discussions of such of timely topics and issues as global warming, bio-fuels and nuclear energy, the editors and contributors to this book provide a wealth of insights and recommendations for sustainable energy innovations.

This study provides economic models of the sustainability and affordability of renewable energy support schemes alongside operational advice on how the regulatory design may need to be modified to minimize the impact on the budget and be affordable to the poor, as well as how to identify and fill the financing gap.

The second edition of this highly regarded book provides a concise and accessible introduction to the principles and elements of policy design in contemporary governance. It examines in detail the range of substantive and procedural policy instruments that together comprise the toolbox from which governments choose tools to resolve policy problems and the principles and practices that lead to their use. Guiding readers through the study of the many different kinds of instruments used by governments in carrying out their tasks, adapting to, and altering, their environments, this book: Discusses current trends in instrument use linked to factors such as globalization and the increasingly networked, digital and collaborative nature of modern society; Considers the principles and practices behind the selection and use of specific types of instruments in contemporary government and the future research agenda of policy design studies and practices; Evaluates in detail the merits, demerits and rationales for the use of specific organization, regulatory, financial and information-based tools and the trends visible in their use including recent efforts to develop and deploy new tools such as nudges and choice architectures, co-production and crowd-sourcing; Addresses the issues surrounding not only individual tools but also concerning the evolution and development of instrument mixes, their relationship to policy styles and the challenges involved in their (re)design. Providing a comprehensive overview of this essential component of modern governance and featuring helpful definitions of key concepts and further reading, this book is essential reading for all students of public policy, administration and management.

China and India, the two largest developing countries, are developing rapidly both inside themselves and towards global markets. Are these two economies dual or dueling? This 3-volume set tries to answer this question by providing comprehensive analyses scoping varied economic issues. This volume set covers both China's and India's strategies and objectives in international governance, their bilateral and multilateral trade agreement negotiations, financial liberalization, growth prospects, rural development and agriculture, income distribution, labor market mechanism, manufacturing and competitiveness upgrading, as well as environmental and other social issues. The set collects papers (most unpublished until now) written by Chinese and Indian researchers who have rich experiences and strong backgrounds in policy analyses and are well connected to Chinese and Indian policy makers. Thus, these papers contain valuable first-hand information about China's and India's development strategies. This makes this volume set an essential source of reference for China–India comparisons and studies. 0Readership: Students, researchers, and academics who are interested in the interactions between and the dynamics of two of the world's largest economies. China, India, Economic Development, Comparison, Competitiveness0

This report makes the case for a stronger deployment of renewables in the Middle East and North Africa and identifies the appropriate support policies required to stimulate the necessary private investment.