The Design and Sustainability of Renewable Energy Incentives : An Economic Analysis
Rapid urbanization and economic growth, new demographic trends, and climate change are key challenges that developing countries must face as they strive to meet growing energy demand. The main objectives of this study are to offer: (a) a global tax...
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| Format: | Publication |
| Language: | English en_US |
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Washington, DC: World Bank
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2014/10/20345636/design-sustainability-renewable-energy-incentives-economic-analysis http://hdl.handle.net/10986/20524 |
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okr-10986-20524 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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English en_US |
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ACID AIR POLLUTANTS AIR POLLUTION ALTERNATIVE ENERGY BARRELS PER DAY BIOMASS BIOMASS RESOURCES BOILERS CALCULATION CAPACITY FACTOR CAPACITY FACTORS CARBON ACCOUNTING CARBON CREDITS CARBON DIOXIDE CARBON EXCHANGE CARBON FINANCE CARBON FINANCING CARBON INTENSITY CERTIFIED EMISSION REDUCTION CLEAN DEVELOPMENT MECHANISM CLEAN TECHNOLOGY CLIMATE CLIMATE CHANGE CO CO2 COAL COAL GAS COAL GENERATION COAL MINING COAL PLANT COAL PRICE COLORS COMBUSTION COMBUSTION AIR COMBUSTION TURBINE COMPENSATING VARIATION CONSUMER PROTECTION CONSUMER SURPLUS CONVENTIONAL ENERGY COST OF ENERGY COST OF GAS COST PER KILOWATT COSTS OF ELECTRICITY CPI CRUDE OIL DEBT DEMAND CURVE DEMAND FOR ENERGY DEMAND FORECAST DIESEL DIESEL FUEL DISCOUNT RATES DOMESTIC GAS ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC MODELS EFFICIENCY IMPROVEMENT ELECTRIC ENERGY ELECTRIC SUPPLY ELECTRIC UTILITY ELECTRICITY ELECTRICITY DISTRIBUTION ELECTRICITY GENERATION ELECTRICITY PRICE ELECTRICITY PRICES ELECTRICITY SALES ELECTRICITY SUPPLY ELECTRICITY TARIFF ELECTRICITY TARIFFS ELECTROSTATIC PRECIPITATOR EMISSION EMISSION FACTOR EMISSION FACTORS EMISSION TRADING EMISSIONS EMISSIONS REDUCTION EMPIRICAL ANALYSIS EMPLOYMENT ENERGY DEMAND ENERGY EFFICIENCY ENERGY GENERATION ENERGY POLICY ENERGY RESOURCES ENERGY SOURCE ENERGY SOURCES ENVIRONMENTAL ENVIRONMENTAL COSTS ENVIRONMENTAL ISSUES EQUIVALENT VARIATION ESP EXTERNALITIES FLUE GAS FOSSIL FOSSIL ENERGY FOSSIL FUELS FRAMEWORK CONVENTION ON CLIMATE CHANGE FUEL FUEL PRICE FUEL PRODUCTION FUEL USE GAS PRICES GAS TURBINE GAS TURBINES GENERATION GEOTHERMAL CAPACITY GEOTHERMAL DEVELOPMENT GEOTHERMAL ENERGY GEOTHERMAL PROJECTS GHG GLOBAL CLIMATE CHANGE GLOBAL ENVIRONMENT FACILITY GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GRID EXPANSION GROSS DOMESTIC PRODUCT HEAT HEAT EXCHANGER HEAT RECOVERY HEAVY FUEL OIL HYDROPOWER INCINERATION IPCC KEROSENE KEROSENE LIGHTING KILOWATT HOUR KILOWATT-HOUR KILOWATT-HOURS LANDFILL LANDFILL GAS LIQUEFIED NATURAL GAS LNG LOAD FACTOR LOW-CARBON MARGINAL COST MICRO HYDRO MINERAL RESOURCES MINES NATURAL GAS NATURAL GAS PRODUCTION NATURAL RESOURCES NITROGEN NITROGEN OXIDE NOX NUCLEAR SAFETY OIL OIL EQUIVALENT OIL PRODUCTION OILS PARTICULATE PARTICULATE MATTER PARTICULATES PETROLEUM PETROLEUM EXPORTING COUNTRIES PETROLEUM PRODUCTS PHOTOVOLTAIC SYSTEMS PM10 POLITICAL ECONOMY POLLUTION CONTROL POWER POWER COMPANY POWER CORPORATION POWER GENERATION POWER PLANTS POWER PRODUCER POWER PRODUCERS POWER PROJECT POWER SECTOR POWER SECTOR OPTIONS POWER STATIONS PRICE ELASTICITY PRICE OF ELECTRICITY PRICE SUBSIDIES PRODUCTION COSTS PUBLIC UTILITIES QUANTITATIVE ANALYSIS RENEWABLE ELECTRICITY RENEWABLE ENERGY RENEWABLE ENERGY DEVELOPMENT RENEWABLE ENERGY PROJECTS RENEWABLE ENERGY SOURCES RENEWABLE ENERGY SUPPLY RENEWABLE GENERATION RENEWABLE PORTFOLIO STANDARD RENEWABLE PORTFOLIO STANDARDS RENEWABLE RESOURCES RENEWABLE SOURCES RENEWABLE SOURCES OF ENERGY RESIDENTIAL CONSUMERS SO2 SOCIAL COST OF CARBON SOLAR POWER SOX SPOT MARKET STACK HEIGHT SULFUR SULFUR OXIDE SULPHUR SULPHUR DIOXIDE SUPPLY CURVE SUPPLY CURVES SURPLUS POWER SUSTAINABLE ENERGY TARIFF DESIGN TARIFF LEVELS TARIFF STRUCTURE TAX CREDIT THERMAL ENERGY THERMAL UNIT TRADEOFFS TRANSMISSION SYSTEM TURBINE TURBINE GENERATORS UNEP UREA UTILITIES UTILITY COMPANY VEHICLES VOLATILE MATTER VOLTAGE WHOLESALE ELECTRIC WHOLESALE PRICE WHOLESALE PRICES WIND WIND CAPACITY WIND ENERGY WIND ENERGY POTENTIAL WIND ENERGY SYSTEMS WIND FARMS WIND GENERATION WIND POWER WIND POWER DEVELOPMENT WIND PROJECTS WIND RESOURCE WIND RESOURCES |
| spellingShingle |
ACID AIR POLLUTANTS AIR POLLUTION ALTERNATIVE ENERGY BARRELS PER DAY BIOMASS BIOMASS RESOURCES BOILERS CALCULATION CAPACITY FACTOR CAPACITY FACTORS CARBON ACCOUNTING CARBON CREDITS CARBON DIOXIDE CARBON EXCHANGE CARBON FINANCE CARBON FINANCING CARBON INTENSITY CERTIFIED EMISSION REDUCTION CLEAN DEVELOPMENT MECHANISM CLEAN TECHNOLOGY CLIMATE CLIMATE CHANGE CO CO2 COAL COAL GAS COAL GENERATION COAL MINING COAL PLANT COAL PRICE COLORS COMBUSTION COMBUSTION AIR COMBUSTION TURBINE COMPENSATING VARIATION CONSUMER PROTECTION CONSUMER SURPLUS CONVENTIONAL ENERGY COST OF ENERGY COST OF GAS COST PER KILOWATT COSTS OF ELECTRICITY CPI CRUDE OIL DEBT DEMAND CURVE DEMAND FOR ENERGY DEMAND FORECAST DIESEL DIESEL FUEL DISCOUNT RATES DOMESTIC GAS ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC MODELS EFFICIENCY IMPROVEMENT ELECTRIC ENERGY ELECTRIC SUPPLY ELECTRIC UTILITY ELECTRICITY ELECTRICITY DISTRIBUTION ELECTRICITY GENERATION ELECTRICITY PRICE ELECTRICITY PRICES ELECTRICITY SALES ELECTRICITY SUPPLY ELECTRICITY TARIFF ELECTRICITY TARIFFS ELECTROSTATIC PRECIPITATOR EMISSION EMISSION FACTOR EMISSION FACTORS EMISSION TRADING EMISSIONS EMISSIONS REDUCTION EMPIRICAL ANALYSIS EMPLOYMENT ENERGY DEMAND ENERGY EFFICIENCY ENERGY GENERATION ENERGY POLICY ENERGY RESOURCES ENERGY SOURCE ENERGY SOURCES ENVIRONMENTAL ENVIRONMENTAL COSTS ENVIRONMENTAL ISSUES EQUIVALENT VARIATION ESP EXTERNALITIES FLUE GAS FOSSIL FOSSIL ENERGY FOSSIL FUELS FRAMEWORK CONVENTION ON CLIMATE CHANGE FUEL FUEL PRICE FUEL PRODUCTION FUEL USE GAS PRICES GAS TURBINE GAS TURBINES GENERATION GEOTHERMAL CAPACITY GEOTHERMAL DEVELOPMENT GEOTHERMAL ENERGY GEOTHERMAL PROJECTS GHG GLOBAL CLIMATE CHANGE GLOBAL ENVIRONMENT FACILITY GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GRID EXPANSION GROSS DOMESTIC PRODUCT HEAT HEAT EXCHANGER HEAT RECOVERY HEAVY FUEL OIL HYDROPOWER INCINERATION IPCC KEROSENE KEROSENE LIGHTING KILOWATT HOUR KILOWATT-HOUR KILOWATT-HOURS LANDFILL LANDFILL GAS LIQUEFIED NATURAL GAS LNG LOAD FACTOR LOW-CARBON MARGINAL COST MICRO HYDRO MINERAL RESOURCES MINES NATURAL GAS NATURAL GAS PRODUCTION NATURAL RESOURCES NITROGEN NITROGEN OXIDE NOX NUCLEAR SAFETY OIL OIL EQUIVALENT OIL PRODUCTION OILS PARTICULATE PARTICULATE MATTER PARTICULATES PETROLEUM PETROLEUM EXPORTING COUNTRIES PETROLEUM PRODUCTS PHOTOVOLTAIC SYSTEMS PM10 POLITICAL ECONOMY POLLUTION CONTROL POWER POWER COMPANY POWER CORPORATION POWER GENERATION POWER PLANTS POWER PRODUCER POWER PRODUCERS POWER PROJECT POWER SECTOR POWER SECTOR OPTIONS POWER STATIONS PRICE ELASTICITY PRICE OF ELECTRICITY PRICE SUBSIDIES PRODUCTION COSTS PUBLIC UTILITIES QUANTITATIVE ANALYSIS RENEWABLE ELECTRICITY RENEWABLE ENERGY RENEWABLE ENERGY DEVELOPMENT RENEWABLE ENERGY PROJECTS RENEWABLE ENERGY SOURCES RENEWABLE ENERGY SUPPLY RENEWABLE GENERATION RENEWABLE PORTFOLIO STANDARD RENEWABLE PORTFOLIO STANDARDS RENEWABLE RESOURCES RENEWABLE SOURCES RENEWABLE SOURCES OF ENERGY RESIDENTIAL CONSUMERS SO2 SOCIAL COST OF CARBON SOLAR POWER SOX SPOT MARKET STACK HEIGHT SULFUR SULFUR OXIDE SULPHUR SULPHUR DIOXIDE SUPPLY CURVE SUPPLY CURVES SURPLUS POWER SUSTAINABLE ENERGY TARIFF DESIGN TARIFF LEVELS TARIFF STRUCTURE TAX CREDIT THERMAL ENERGY THERMAL UNIT TRADEOFFS TRANSMISSION SYSTEM TURBINE TURBINE GENERATORS UNEP UREA UTILITIES UTILITY COMPANY VEHICLES VOLATILE MATTER VOLTAGE WHOLESALE ELECTRIC WHOLESALE PRICE WHOLESALE PRICES WIND WIND CAPACITY WIND ENERGY WIND ENERGY POTENTIAL WIND ENERGY SYSTEMS WIND FARMS WIND GENERATION WIND POWER WIND POWER DEVELOPMENT WIND PROJECTS WIND RESOURCE WIND RESOURCES Meier, Peter Vagliasindi, Maria Imran, Mudassar Eberhard, Anton Siyambalapitiya, Tilak The Design and Sustainability of Renewable Energy Incentives : An Economic Analysis |
| geographic_facet |
Brazil Egypt, Arab Republic of Indonesia South Africa Sri Lanka Tanzania Turkey Vietnam |
| relation |
Directions in Development--Energy and Mining; |
| description |
Rapid urbanization and economic growth,
new demographic trends, and climate change are key
challenges that developing countries must face as they
strive to meet growing energy demand. The main objectives of
this study are to offer: (a) a global taxonomy of the
economic and financial incentives provided by renewable
support schemes and (b) an economic modeling of the
sustainability and affordability of such support schemes. In
an attempt to contribute to the lively debate, this study
provides a global taxonomy of the economic and financial
incentives provided by renewable energy (RE) support
schemes. It summarizes economic models of the sustainability
and affordability of such 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. This analytical framework: (a)
differentiates and illustrates tradeoffs among local,
regional, and national impacts, in the short and long run;
(b) captures distributional impacts (since subsidies to
cover the incremental costs of RE may have very different
beneficiaries); and (c) captures externalities and compares
(where possible) alternative projects based on equivalent
output and cost (comparing, for example, RE and energy
efficiency projects against those using fossil fuels). The
report is organized as follows: chapter one gives
introduction. Chapter two presents the analytical framework
that underpins the case studies, and provides the background
for the principal research hypothesis of this report, which
is better attention to the principles of economic analysis
and market efficiency leads to more sustainable and
effective policies. Chapter s three to ten present country
case studies for Vietnam, Indonesia, Sri Lanka, South
Africa, Tanzania, Egypt, Brazil, and Turkey. The conclusions
of the study are presented in chapter eleven. |
| format |
Publications & Research :: Publication |
| author |
Meier, Peter Vagliasindi, Maria Imran, Mudassar Eberhard, Anton Siyambalapitiya, Tilak |
| author_facet |
Meier, Peter Vagliasindi, Maria Imran, Mudassar Eberhard, Anton Siyambalapitiya, Tilak |
| author_sort |
Meier, Peter |
| title |
The Design and Sustainability of Renewable Energy Incentives : An Economic Analysis |
| title_short |
The Design and Sustainability of Renewable Energy Incentives : An Economic Analysis |
| title_full |
The Design and Sustainability of Renewable Energy Incentives : An Economic Analysis |
| title_fullStr |
The Design and Sustainability of Renewable Energy Incentives : An Economic Analysis |
| title_full_unstemmed |
The Design and Sustainability of Renewable Energy Incentives : An Economic Analysis |
| title_sort |
design and sustainability of renewable energy incentives : an economic analysis |
| publisher |
Washington, DC: World Bank |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2014/10/20345636/design-sustainability-renewable-energy-incentives-economic-analysis http://hdl.handle.net/10986/20524 |
| _version_ |
1764445620384301056 |
| spelling |
okr-10986-205242021-04-23T14:03:56Z The Design and Sustainability of Renewable Energy Incentives : An Economic Analysis Meier, Peter Vagliasindi, Maria Imran, Mudassar Eberhard, Anton Siyambalapitiya, Tilak ACID AIR POLLUTANTS AIR POLLUTION ALTERNATIVE ENERGY BARRELS PER DAY BIOMASS BIOMASS RESOURCES BOILERS CALCULATION CAPACITY FACTOR CAPACITY FACTORS CARBON ACCOUNTING CARBON CREDITS CARBON DIOXIDE CARBON EXCHANGE CARBON FINANCE CARBON FINANCING CARBON INTENSITY CERTIFIED EMISSION REDUCTION CLEAN DEVELOPMENT MECHANISM CLEAN TECHNOLOGY CLIMATE CLIMATE CHANGE CO CO2 COAL COAL GAS COAL GENERATION COAL MINING COAL PLANT COAL PRICE COLORS COMBUSTION COMBUSTION AIR COMBUSTION TURBINE COMPENSATING VARIATION CONSUMER PROTECTION CONSUMER SURPLUS CONVENTIONAL ENERGY COST OF ENERGY COST OF GAS COST PER KILOWATT COSTS OF ELECTRICITY CPI CRUDE OIL DEBT DEMAND CURVE DEMAND FOR ENERGY DEMAND FORECAST DIESEL DIESEL FUEL DISCOUNT RATES DOMESTIC GAS ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC MODELS EFFICIENCY IMPROVEMENT ELECTRIC ENERGY ELECTRIC SUPPLY ELECTRIC UTILITY ELECTRICITY ELECTRICITY DISTRIBUTION ELECTRICITY GENERATION ELECTRICITY PRICE ELECTRICITY PRICES ELECTRICITY SALES ELECTRICITY SUPPLY ELECTRICITY TARIFF ELECTRICITY TARIFFS ELECTROSTATIC PRECIPITATOR EMISSION EMISSION FACTOR EMISSION FACTORS EMISSION TRADING EMISSIONS EMISSIONS REDUCTION EMPIRICAL ANALYSIS EMPLOYMENT ENERGY DEMAND ENERGY EFFICIENCY ENERGY GENERATION ENERGY POLICY ENERGY RESOURCES ENERGY SOURCE ENERGY SOURCES ENVIRONMENTAL ENVIRONMENTAL COSTS ENVIRONMENTAL ISSUES EQUIVALENT VARIATION ESP EXTERNALITIES FLUE GAS FOSSIL FOSSIL ENERGY FOSSIL FUELS FRAMEWORK CONVENTION ON CLIMATE CHANGE FUEL FUEL PRICE FUEL PRODUCTION FUEL USE GAS PRICES GAS TURBINE GAS TURBINES GENERATION GEOTHERMAL CAPACITY GEOTHERMAL DEVELOPMENT GEOTHERMAL ENERGY GEOTHERMAL PROJECTS GHG GLOBAL CLIMATE CHANGE GLOBAL ENVIRONMENT FACILITY GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GRID EXPANSION GROSS DOMESTIC PRODUCT HEAT HEAT EXCHANGER HEAT RECOVERY HEAVY FUEL OIL HYDROPOWER INCINERATION IPCC KEROSENE KEROSENE LIGHTING KILOWATT HOUR KILOWATT-HOUR KILOWATT-HOURS LANDFILL LANDFILL GAS LIQUEFIED NATURAL GAS LNG LOAD FACTOR LOW-CARBON MARGINAL COST MICRO HYDRO MINERAL RESOURCES MINES NATURAL GAS NATURAL GAS PRODUCTION NATURAL RESOURCES NITROGEN NITROGEN OXIDE NOX NUCLEAR SAFETY OIL OIL EQUIVALENT OIL PRODUCTION OILS PARTICULATE PARTICULATE MATTER PARTICULATES PETROLEUM PETROLEUM EXPORTING COUNTRIES PETROLEUM PRODUCTS PHOTOVOLTAIC SYSTEMS PM10 POLITICAL ECONOMY POLLUTION CONTROL POWER POWER COMPANY POWER CORPORATION POWER GENERATION POWER PLANTS POWER PRODUCER POWER PRODUCERS POWER PROJECT POWER SECTOR POWER SECTOR OPTIONS POWER STATIONS PRICE ELASTICITY PRICE OF ELECTRICITY PRICE SUBSIDIES PRODUCTION COSTS PUBLIC UTILITIES QUANTITATIVE ANALYSIS RENEWABLE ELECTRICITY RENEWABLE ENERGY RENEWABLE ENERGY DEVELOPMENT RENEWABLE ENERGY PROJECTS RENEWABLE ENERGY SOURCES RENEWABLE ENERGY SUPPLY RENEWABLE GENERATION RENEWABLE PORTFOLIO STANDARD RENEWABLE PORTFOLIO STANDARDS RENEWABLE RESOURCES RENEWABLE SOURCES RENEWABLE SOURCES OF ENERGY RESIDENTIAL CONSUMERS SO2 SOCIAL COST OF CARBON SOLAR POWER SOX SPOT MARKET STACK HEIGHT SULFUR SULFUR OXIDE SULPHUR SULPHUR DIOXIDE SUPPLY CURVE SUPPLY CURVES SURPLUS POWER SUSTAINABLE ENERGY TARIFF DESIGN TARIFF LEVELS TARIFF STRUCTURE TAX CREDIT THERMAL ENERGY THERMAL UNIT TRADEOFFS TRANSMISSION SYSTEM TURBINE TURBINE GENERATORS UNEP UREA UTILITIES UTILITY COMPANY VEHICLES VOLATILE MATTER VOLTAGE WHOLESALE ELECTRIC WHOLESALE PRICE WHOLESALE PRICES WIND WIND CAPACITY WIND ENERGY WIND ENERGY POTENTIAL WIND ENERGY SYSTEMS WIND FARMS WIND GENERATION WIND POWER WIND POWER DEVELOPMENT WIND PROJECTS WIND RESOURCE WIND RESOURCES Rapid urbanization and economic growth, new demographic trends, and climate change are key challenges that developing countries must face as they strive to meet growing energy demand. The main objectives of this study are to offer: (a) a global taxonomy of the economic and financial incentives provided by renewable support schemes and (b) an economic modeling of the sustainability and affordability of such support schemes. In an attempt to contribute to the lively debate, this study provides a global taxonomy of the economic and financial incentives provided by renewable energy (RE) support schemes. It summarizes economic models of the sustainability and affordability of such 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. This analytical framework: (a) differentiates and illustrates tradeoffs among local, regional, and national impacts, in the short and long run; (b) captures distributional impacts (since subsidies to cover the incremental costs of RE may have very different beneficiaries); and (c) captures externalities and compares (where possible) alternative projects based on equivalent output and cost (comparing, for example, RE and energy efficiency projects against those using fossil fuels). The report is organized as follows: chapter one gives introduction. Chapter two presents the analytical framework that underpins the case studies, and provides the background for the principal research hypothesis of this report, which is better attention to the principles of economic analysis and market efficiency leads to more sustainable and effective policies. Chapter s three to ten present country case studies for Vietnam, Indonesia, Sri Lanka, South Africa, Tanzania, Egypt, Brazil, and Turkey. The conclusions of the study are presented in chapter eleven. 2014-11-12T22:54:51Z 2014-11-12T22:54:51Z 2015 http://documents.worldbank.org/curated/en/2014/10/20345636/design-sustainability-renewable-energy-incentives-economic-analysis 978-1-4648-0314-7 http://hdl.handle.net/10986/20524 English en_US Directions in Development--Energy and Mining; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC: World Bank Publications & Research :: Publication Brazil Egypt, Arab Republic of Indonesia South Africa Sri Lanka Tanzania Turkey Vietnam |