Title The design and sustainability of renewable energy incentives : an economic analysis / Peter Meier, Maria Vagliasindi and Mudassar Imran ; with contributions from Anton Eberhard and Tilak Siyambalapitiya

Published Washington, DC : The World Bank, [2014]

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Description 1 online resource Series Directions in development: energy and mining Directions in development (Washington, D.C.). Energy and mining. Contents Front Cover -- Contents -- Acknowledgments -- Executive Summary -- Abbreviations -- Chapter 1 Introduction -- Background -- Key Issues -- Objectives -- Why Is Renewable Energy Important for Poor Countries? -- Taxonomy of Financial Incentive Mechanisms -- Economic vs. Financial Incentives -- Organization of the Rest of the Report -- Notes -- Bibliography -- Chapter 2 The Economic Rationale for Renewable Energy -- Analytical Framework -- Local Environmental Damage Costs -- Discount Rate -- The Social Cost of Carbon -- Fossil-Fuel Price Subsidies Renewable Energy and EmploymentSpecific Questions for the Case Studies -- Methodology -- Notes -- Bibliography -- Chapter 3 Case Study: Vietnam -- Sector Background -- Power Sector Development -- Renewable Energy Development -- Renewable Energy Resource Endowment: The Supply Curve -- Production Costs -- The Avoided Social Cost of Thermal Generation -- Carbon Accounting and the Clean Development Mechanism (CDM) -- Renewable Energy Targets -- Design of Incentive Schemes -- Incremental Costs and Their Recovery Impact of Renewable Energy Tariffs on the ConsumerDecreasing the Consumer Cost with International Assistance -- The Cost of Fossil-Fuel Subsidies -- Conclusions -- Notes -- Bibliography -- Chapter 4 Case Study: Sri Lanka -- Sector Background -- Renewable Energy Development -- Renewable Energy Resource Endowment and the Renewable Energy Supply Curve -- Capital Costs -- The Avoided Social Cost of Thermal Generation -- Carbon Accounting and CDM -- Renewable Energy Targets -- Design of Incentive Schemes -- Incremental Costs and Their Recovery Impact of Renewable Energy Tariffs on the ConsumerThe Cost of Fossil-Fuel Subsidies -- Financing New and Renewable Energy -- Conclusions -- Notes -- Bibliography -- Chapter 5 Case Study: Indonesia -- Sector Background -- Renewable Energy Development and the Resource Endowment -- Renewable Energy Targets -- Production Costs -- Geothermal Development Policy Issues -- The Renewable Energy Supply Curve -- Carbon Accounting and CDM -- Design of Incentive Schemes -- Detailed Design of the Geothermal Feed-In Tariff -- Incremental Costs and Their Recovery Potential Impact of Incremental Costs on the ConsumerBuying Down the Price of Renewable Energy with International Assistance -- The Environmental Costs of the Electricity Subsidy -- Conclusions -- Notes -- Bibliography -- Chapter 6 Case Study: South Africa -- Sector Background -- Renewable Energy Development -- Renewable Energy Targets -- Design of Incentive Schemes -- Impact of Renewable Energy Tariffs on the Consumer -- Conclusions -- Note -- Bibliography -- Chapter 7 Case Study: Tanzania -- Sector Background -- Renewable Energy Development Summary The novelty of this work is the fact that it introduces a rigorous and objective economic perspective of current renewable energy support mechanisms and an empirical analysis of the strengths and weaknesses of these mechanisms, which is much needed in a debate often dominated by widespread misconceptions. The economic rationale for renewable energy is straightforward: the optimum amount of renewable energy for grid-connected generation is given by the intersection of the renewable energy supply curve with the avoided cost of thermal electricity generation. The proposed analytical framework: (i Bibliography Includes bibliographical references Notes Print version record and CIP data provided by publisher Subject Renewable energy sources -- Developing countries -- Case studies Energy policy -- Developing countries -- Case studies Sustainable development -- Case studies BUSINESS & ECONOMICS -- Real Estate -- General. Energy policy Renewable energy sources Sustainable development Developing countries Genre/Form Case studies Form Electronic book Author Vagliasindi, Maria. Imran, Mudassar, 1953- LC no. 2014030412 ISBN 9781464803154 1464803153

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