Renewable Energy Auctions Lessons From The Global South

Author : Anonim
Publisher : Oxford University Press
Page : 513 pages
File Size : 55,6 Mb
Release : 2023-11-16
Category : Business & Economics
ISBN : 9780192699664

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Renewable Energy Auctions: Lessons from the Global South by Anonim Pdf

Renewable Energy Auctions provides an overview of renewable energy auctions globally, focusing on the Global South, since this is where auctions have been pioneered and provided most transformative results. Renewable energy auctions have become the dominant method for contracting utility-scale renewable energy projects, in large part due to the cost-efficient tariffs secured through this method. The ascent of auctions has been particularly rapid and transformative in the Global South, where many countries have secured renewable energy supplies at record-breaking prices. This book analyses the experiences of frontier auction markets in Latin America, sub-Saharan Africa, and India, with the aim of improving how auctions are designed and implemented globally. The book goes beyond the topic of auction design - which is concerned with the micro-economics of design choices - to include auction implementation. Across ten chapters, the authors argue that choices around the auction implementing institution and the procurement process are overlooked in most publications on the subject, yet this is often a key factor for determining outcomes. Moving beyond the program level of analysis (auction design and implementation), the book includes both country and project level factors' impacts on auction outcomes, ultimately highlighting that successful price and investment outcomes are dependent upon integration of all three levels of auction design and implementation.

Author : Anton Eberhard,Professor Emeritus and Senior Scholar Anton Eberhard,Wikus Kruger
Publisher : Oxford University Press
Page : 513 pages
File Size : 45,9 Mb
Release : 2024-02-16
Category : Business & Economics
ISBN : 9780192871701

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Renewable Energy Auctions by Anton Eberhard,Professor Emeritus and Senior Scholar Anton Eberhard,Wikus Kruger Pdf

Renewable Energy Auctions provides an overview of renewable energy auctions globally, focusing on the Global South, since this is where auctions have been pioneered and provided most transformative results. Renewable energy auctions have become the dominant method for contracting utility-scale renewable energy projects, in large part due to the cost-efficient tariffs secured through this method. The ascent of auctions has been particularly rapid and transformative in the Global South, where many countries have secured renewable energy supplies at record-breaking prices. This book analyses the experiences of frontier auction markets in Latin America, sub-Saharan Africa, and India, with the aim of improving how auctions are designed and implemented globally. The book goes beyond the topic of auction design - which is concerned with the micro-economics of design choices - to include auction implementation. Across ten chapters, the authors argue that choices around the auction implementing institution and the procurement process are overlooked in most publications on the subject, yet this is often a key factor for determining outcomes. Moving beyond the program level of analysis (auction design and implementation), the book includes both country and project level factors' impacts on auction outcomes, ultimately highlighting that successful price and investment outcomes are dependent upon integration of all three levels of auction design and implementation.

Author : Anton Eberhard,Wikus Kruger
Publisher : Oxford University Press
Page : 513 pages
File Size : 50,5 Mb
Release : 2023-11-06
Category : Business & Economics
ISBN : 9780192699671

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Renewable Energy Auctions by Anton Eberhard,Wikus Kruger Pdf

Renewable Energy Auctions provides an overview of renewable energy auctions globally, focusing on the Global South, since this is where auctions have been pioneered and provided most transformative results. Renewable energy auctions have become the dominant method for contracting utility-scale renewable energy projects, in large part due to the cost-efficient tariffs secured through this method. The ascent of auctions has been particularly rapid and transformative in the Global South, where many countries have secured renewable energy supplies at record-breaking prices. This book analyses the experiences of frontier auction markets in Latin America, sub-Saharan Africa, and India, with the aim of improving how auctions are designed and implemented globally. The book goes beyond the topic of auction design - which is concerned with the micro-economics of design choices - to include auction implementation. Across ten chapters, the authors argue that choices around the auction implementing institution and the procurement process are overlooked in most publications on the subject, yet this is often a key factor for determining outcomes. Moving beyond the program level of analysis (auction design and implementation), the book includes both country and project level factors' impacts on auction outcomes, ultimately highlighting that successful price and investment outcomes are dependent upon integration of all three levels of auction design and implementation.

Author : Luiz Maurer,Luiz A. Barroso
Publisher : World Bank Publications
Page : 181 pages
File Size : 49,5 Mb
Release : 2011
Category : Business & Economics
ISBN : 9780821388228

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Electricity Auctions by Luiz Maurer,Luiz A. Barroso Pdf

Virtually every country in the world faces the challenge of designing the regulatory and financial mechanisms that ensure cost-effective procurement of generation to supply electricity demand. Historically, procurement of generation has been particularly difficult in the emerging economies of Asia, Latin America and Africa. High and usually volatile load growth rates, limited access to financing and immature electricity markets have presented obstacles that have introduced challenges to the procurement process. More recently, environmental concerns regarding land use, impact on biodiversity, indigenous populations, and greenhouse gasses emissions have added layers of complexity. Over the last 7 years, auctions for long-term electricity contracts have been getting increased attention within the electricity sector community as thet have emerged as a successful mechanism to procure new generation capacity. Among the reasons for such widespread interest is the large amount of capacity that has been already contracted from diverse technologies (conventional generation, large hydroelectric plants, renewable), under a variety of innovative auction arrangements and mechanisms, sometimes with multiple buyers and sellers taking part in the process. Auctions have been attracting a broad range of investors, from large established companies to new local and foreign independent power producers, and first-time power system investors. This book presents a comprehensive overview of the international experience in electricity auctions, focusing on the procurement of long-term electricity contracts to foster new generation capacity. To this end, several relevant case studies were selected. While focus is given to emerging countries, insightful experiences from developed markets are reported as well. The book reveals the subtlety and complexity of trading and contracting for firm generation in the current power industry and the multiplicity of formats that the corresponding regulatory instruments may adopt. Lessons learned - both positive and negative - regarding policy formulation and implementation which should be of interest to policy makers, government authorities, regulators and power sector stakeholders.

Author : Michael Hochberg,Rahmatallah Poudineh
Publisher : Unknown
Page : 54 pages
File Size : 44,9 Mb
Release : 2018
Category : Clean energy industries
ISBN : 1784671061

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Renewable Auction Design in Theory and Practice by Michael Hochberg,Rahmatallah Poudineh Pdf

Author : Ankit Kumar,Johanna Höffken,Auke Pols
Publisher : Routledge
Page : 190 pages
File Size : 49,8 Mb
Release : 2021-06-16
Category : Business & Economics
ISBN : 9781000397444

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Dilemmas of Energy Transitions in the Global South by Ankit Kumar,Johanna Höffken,Auke Pols Pdf

This book explores how, in the wake of the Anthropocene, the growing call for urgent decarbonisation and accelerated energy transitions might have unintended consequences for energy poverty, justice and democracy, especially in the global South. Dilemmas of Energy Transitions in the Global South brings together theoretical and empirical contributions focused on rethinking energy transitions conceptually from and for the global South, and highlights issues of justice and inclusivity. It argues that while urgency is critical for energy transitions in a climate-changed world, we must be wary of conflating goals and processes, and enquire what urgency means for due process. Drawing from a range of authors with expertise spanning environmental justice, design theory, ethics of technology, conflict and gender, it examines case studies from countries including Bolivia, Sri Lanka, India, The Gambia and Lebanon in order to expand our understanding of what energy transitions are, and how just energy transitions can be done in different parts of the world. Overall, driven by a postcolonial and decolonial sensibility, this book brings to the fore new concepts and ideas to help balance the demands of justice and urgency, to flag relevant but often overlooked issues, and to provide new pathways forward. This volume will be of great interest to students and scholars of energy transitions, environmental justice, climate change and developing countries. The Open Access version of this book, available at https://www.taylorfrancis.com/books/oa-edit/10.4324/9781003052821 has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

Author : Ndivhuho Tshikovhi,Andréa Santos,Xiaolong Zou,Fulufhelo Netswera,Irina Zotovna Yarygina,Sriram Divi
Publisher : Taylor & Francis
Page : 211 pages
File Size : 43,5 Mb
Release : 2023-12-12
Category : Science
ISBN : 9781003822776

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COVID-19 and Climate Change in BRICS Nations by Ndivhuho Tshikovhi,Andréa Santos,Xiaolong Zou,Fulufhelo Netswera,Irina Zotovna Yarygina,Sriram Divi Pdf

This book provides a quantitative and qualitative overview of the overall impact that the COVID-19 pandemic had on Brazil, Russia, India, China, and South Africa’s (BRICS countries) capacity to re-shape global climate governance and explore areas for mutual cooperation. BRICS countries account for nearly 40% of the total world population and are thus intrinsic to the global efforts and results for Agenda 2030, the Sustainable Development Goals, the Paris Agreement and beyond. The outbreak of the COVID-19 pandemic does not at first appear to be directly related to BRICS’ policies to address climate change, but it has influenced the pace and nature of climate action due to the loss of human and financial capital. This book examines this correlation and raises awareness of the COVID-19 pandemic’s impacts and potential solutions on BRICS’ climate strategies. Drawing on case studies from each country, the authors use examples from urban governance, energy transitions strategy, foreign investment and more to illustrate how COVID-19 has negatively or positively impacted climate data and draw wider conclusions about the long-term climate policies that may be implemented. This volume will be of great interest to students and scholars of climate change, environmental politics and governance and global development studies.

Author : James Leigland
Publisher : Oxford University Press
Page : 367 pages
File Size : 42,8 Mb
Release : 2020-04-29
Category : Business & Economics
ISBN : 9780192606358

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Public-Private Partnerships in Sub-Saharan Africa by James Leigland Pdf

Expectations are high regarding the potential benefits of public-private partnerships (PPPs) for infrastructure development in low-income countries. The development community, led by the G20, the United Nations, and others, expects these partnerships between goverments and private companies in infrastructure service provision to aid "transformational" mega-projects, as well as efforts to achieve the Sustainable Development Goals. Yet PPPs have been widely used only since the 1990s, and discussion of their efficacy is still dominated by best-practice guidance, academic studies that focus on developed countries, or ideological criticism. Meanwhile, practitioners have quietly accumulated a large body of empirical evidence on the actual performance of PPPs. The purpose of this book is to summarize and consolidate what this critical mass of evidence-based research indicates about PPPs in low-income countries, and thereby develop a more realistic perspective on the practical value of these mechanisms. With a primary focus on Sub-Saharan Africa, though drawing on critical insights from other regions, it demonstrates that the benefits of such partnerships will only be realised if expectations remain modest and projects are subject to transparent evaluation and competition.

Author : Marcelino Madrigal,Steven Stoft
Publisher : World Bank Publications
Page : 170 pages
File Size : 45,9 Mb
Release : 2012-07-06
Category : Business & Economics
ISBN : 9780821396018

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Transmission Expansion for Renewable Energy Scale-Up by Marcelino Madrigal,Steven Stoft Pdf

Scaling-up renewals requires expanding electricity grids. Policy makers, regulators, and utilities, are working together to ensure renewable energy goals are not held back by the lack of transmission.

Author : Gary Clyde Hufbauer ,Jeffrey J. Schott
Publisher : Peterson Institute for International Economics
Page : 272 pages
File Size : 43,6 Mb
Release : 2013-10-07
Category : Business & Economics
ISBN : 9780881326802

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Local Content Requirements by Gary Clyde Hufbauer ,Jeffrey J. Schott Pdf

In the wake of the Great Recession of 2008–09, economists feared that protectionist policies might sweep the world economy, echoing the wave of tariff escalations during the Great Depression of the 1930s. To some surprise, officials were more restrained and largely avoided traditional forms of protection (tariffs and quotas), leading some observers to underestimate the incidence of new protectionism. In fact, policymakers increasingly turned to more opaque behind-the-border nontariff barriers (NTBs). Using a combination of statistical analysis and case studies, the authors show that local content requirements (LCRs), a form of NTB, have become increasingly popular. How much was global trade actually reduced on account of LCRs? A conservative estimate might be $93 billion. Case studies featured cover the healthcare sector in Brazil, wind turbines in Canada, the automobile industry in China, solar cells and modules in India, oil and gas in Nigeria, and “Buy American” restrictions on government procurement in the United States.

Author : Elena G. Popkova,Bruno S. Sergi
Publisher : Springer Nature
Page : 539 pages
File Size : 41,7 Mb
Release : 2023-01-31
Category : Science
ISBN : 9783031199790

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Current Problems of the Global Environmental Economy Under the Conditions of Climate Change and the Perspectives of Sustainable Development by Elena G. Popkova,Bruno S. Sergi Pdf

This book presents a systemic view of the global environmental economy under the conditions of climate change from the positions of Sustainable Development Goals. The purpose of the book is to study the current problems of the global environmental economy under the conditions of climate change and to determine the prospects of its sustainable development (systemic support for the SDGs). This goal predetermines the logic and structure of the book, which is comprised of five parts. Part I presents the authors’ novel view of the global environmental economy under the conditions of climate change from the positions of the SDGs. It reflects the contradiction and describes the path of preserving economic growth during the implementation of SDG 13. The COVID-19 pandemic and economic crisis are considered as the result of the reduction of biodiversity under the conditions of climate change from the positions of SDG 3. Responsible innovations, eco-friendly products, and green trade are presented as trends of the environmental economy under the conditions of climate change to support SDG 12. Green jobs are analyzed in the environmental economy under the conditions of climate change during the implementation of SDG 8. The significance of social inclusivity and reduction of the inequality of the environmental economy under the conditions of climate change to support SDG 10 is noted. Part II elaborates on the sectoral specifics of the influence of climate change on the environmental economy: energetics, finance, industry, state management, and agriculture. Part III presents and discusses the international experience of development of the environmental economy under the conditions of climate change given the specifics of developed and developing countries and based on the case experience of Central Asia, the EAEU, and Russia. In Part IV, technological transition (Fourth Industrial Revolution) is offered as a perspective response of the global economic policy to climate change. Scenarios of the fight against climate change in the Decade of Action depending on the scale of the technological transition are described: digital economy vs Industry 4.0 and Society 5.0. The perspectives of the technological transition at the level of companies (creation of cyber-physical systems of Industry 4.0; green digital innovations and smart ESG finance) and regions (smart region as a socio-economic environment with large adaptability to climate change) are described.

Author : Pere Mir-Artigues,Pablo del Río,Natàlia Caldés
Publisher : Springer
Page : 198 pages
File Size : 42,9 Mb
Release : 2019-05-31
Category : Business & Economics
ISBN : 9783030119386

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The Economics and Policy of Concentrating Solar Power Generation by Pere Mir-Artigues,Pablo del Río,Natàlia Caldés Pdf

This book provides an up-to-date analysis of state-of-the-art concentrating solar power (CSP) generation. It focuses on the economic analysis of CSP generation technologies as well as the policies that have been and are being used around the globe to support it. The book describes the industrial sectors whose products make up the solar field, including the traditional manufacturers of turbines and generators.The authors provide the main theoretical tools needed to comprehend the costs of CSP technologies compared to other competing technologies (both conventional and renewable) and discuss the conceptual rationale behind creating public support for these technologies and the costs of various promotional techniques. Further, the book examines the concepts from different disciplinary traditions in economics (including environmental, innovation, industrial and public), which are then combined and integrated for an analysis of the costs and policies of CSP electricity.Addressing the main findings and the challenges for future CSP, the book is a valuable resource for researchers and practitioners. It is also of use to industrial engineers, as it identifies the features of the sector’s supply chain value, rooted in and supported by an industrial economics approach.

Author : Marcelino Madrigal,Kevin Porter
Publisher : World Bank Publications
Page : 125 pages
File Size : 55,8 Mb
Release : 2013-03-01
Category : Business & Economics
ISBN : 9780821397367

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Operating and Planning Electricity Grids with Variable Renewable Generation by Marcelino Madrigal,Kevin Porter Pdf

The paper Challenges and Approaches to Electricity Grids Operations and Planning with Increased Amounts of Variable Renewable Generation: Emerging Lessons from Selected Operational Experiences and Desktop Studies focuses on analyzing the impacts of variable renewable energy on the operation and planning

Author : Anton Eberhard, James Leigland, Joel Kolker
Publisher : World Bank Publications
Page : 56 pages
File Size : 51,9 Mb
Release : 2024-06-07
Category : Electronic
ISBN : 8210379456XXX

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South Africa’s Renewable Energy IPP Procurement Program by Anton Eberhard, James Leigland, Joel Kolker Pdf

"This paper explores the South African experience of introducing grid-connected renewable energy by seeking answers to a number of key questions: 1. Why and how did South Africa move from feed-in tariffs to competitive tenders for grid-connected renewable energy? 2. How did the government design and manage the program? What were the distinctive features of these competitive tenders, and how were the bids evaluated? 3. What were the investment and price outcomes of the different bid rounds? 4. Who were the key private sector actors in the various deals? What kinds of financing institutions were involved? Who were the successful sponsors, equipment providers, and engineering, procurement, and construction (EPC) contractors? 5. What were the impacts and trade-offs between prices and economic development outcomes (e.g., local industrial development and employment creation)? 6. What were the key success factors, shortcomings and risks associated with the program? 7. What lessons can the South African program offer to other developing countries? "

Author : Anton Eberhard,Katharine Gratwick,Elvira Morella,Pedro Antmann
Publisher : World Bank Publications
Page : 382 pages
File Size : 54,8 Mb
Release : 2016-04-18
Category : Technology & Engineering
ISBN : 9781464808012

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Independent Power Projects in Sub-Saharan Africa by Anton Eberhard,Katharine Gratwick,Elvira Morella,Pedro Antmann Pdf

Inadequate electricity services pose a major impediment to reducing extreme poverty and boosting shared prosperity in Sub-Saharan Africa. Simply put, Africa does not have enough power. Despite the abundant low-carbon and low-cost energy resources available to Sub-Saharan Africa, the region s entire installed electricity capacity, at a little over 80 GW, is equivalent to that of the Republic of Korea. Looking ahead, Sub-Saharan Africa will need to ramp-up its power generation capacity substantially. The investment needed to meet this goal largely exceeds African countries already stretched public finances. Increasing private investment is critical to help expand and improve electricity supply. Historically, most private sector finance has been channeled through privately financed independent power projects (IPP), supported by nonrecourse or limited recourse loans, with long-term power purchase agreements with the state utility or another off-taker. Between 1990 and 2014, IPPs have spread across Sub-Saharan Africa and are now present in 17 countries. Currently, there are 125 IPPs, with an overall installed capacity of 10.7 GW and investments of $24.6 billion. However, private investment could be much greater and less concentrated. South Africa alone accounts for 67 IPPs, 4.3 GW of capacity and $14.4 billion of investments; the remaining projects are concentrated in a handful of countries. The objective of this study is to evaluate the experience of IPPs and identify lessons that can help African countries attract more and better private investment. At the core of this analysis is a reflection on whether IPPs have in fact benefited Sub-Saharan Africa, and how they might be improved. The analysis is based primarily on in depth case studies, carried out in five countries, including Kenya, Nigeria, South Africa, Tanzania and Uganda, which not only have the most numerous but also among the most extensive experience with IPPs.