Regulatory and Financial Incentives for Scaling Up Concentrating Solar Power in Developing Countries
Concentrating solar thermal (CST) technologies have a clear potential for scaling up renewable energy at the utility level, thereby diversifying the generation portfolio mix, powering development, and mitigating climate change. A recent surge in de...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/994921468331241396/Regulatory-and-financial-incentives-for-scaling-up-concentrating-solar-power-in-developing-countries http://hdl.handle.net/10986/27314 |
| Summary: | Concentrating solar thermal (CST)
technologies have a clear potential for scaling up renewable
energy at the utility level, thereby diversifying the
generation portfolio mix, powering development, and
mitigating climate change. A recent surge in demand for
solar thermal power generation projects in several World
Bank Group (WBG) partner countries shows that CST could
indeed become an important renewable energy technology that
would be able to provide an alternative to conventional
thermal power generation based on the central utility model.
At present, different CST technologies have reached varying
degrees of commercial availability. This emerging nature of
CST means that there are market and technical impediments to
accelerating its acceptance, including cost competitiveness,
an understanding of technology capability and limitations,
intermittency, and benefits of electricity storage. Many
developed and some developing countries are currently
working to address these barriers in order to scale up
CST-based power generation. Given the considerable growth of
CST development in several WBG partner countries, there is a
need to assess the recent experience of developed countries
in designing and implementing regulatory frameworks and draw
lesson that could facilitate the deployment of CST
technologies in developing countries. Merely replicating
developed countries' schemes in the context of a
developing country may not generate the desired outcomes. |
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