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...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2017
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| 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 |
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okr-10986-27314 |
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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 |
| topic |
ACCESS TO INFORMATION ACTION PLAN APPROACH AUCTION MECHANISM AUCTION MECHANISMS AVAILABILITY BACK-UP BALANCE BALANCE SHEET BID BIDS BIOMASS BOILER BOND BONDS BUSINESS MODELS BUYER BUYERS CAPABILITIES CAPABILITY CAPACITY FACTOR CAPACITY FACTORS CAPITAL EXPENDITURE CAPITAL EXPENDITURES CAPITAL INVESTMENT CARBON CARBON EMISSIONS CARBON VALUES CASH FLOWS CERTIFICATE CLEAN ENERGY CLEAN TECHNOLOGY CLIMATE CLIMATE CHANGE CO CO2 COMMERCIAL BANKS COMMODITY COMMODITY PRICES COMPETITIVENESS COMPLIANCE COST CONSUMER PRICE INDEX CONSUMER PROTECTION COPYRIGHT COST OF ELECTRICITY CREDIT STRENGTH CYCLE SYSTEM DEBT DEBT SERVICE DESERTS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT BANK DIESEL DIFFUSION ECONOMIC DEVELOPMENT ELECTRICITY ELECTRICITY CONSUMPTION ELECTRICITY GENERATION ELECTRICITY PRICES ELECTRICITY PRODUCTION ELECTRICITY SUPPLY ELECTRICITY TARIFF ELECTRICITY TARIFFS EMERGING MARKET EMERGING MARKETS EMISSION EMISSION PERMITS EMPLOYMENT ENABLING ENVIRONMENT ENERGY EFFICIENCY ENERGY MARKETS ENERGY POLICIES ENERGY SOURCES EXPENDITURE EXPENDITURES EXTERNAL CONSULTANTS FINANCIAL INSTRUMENT FINANCIAL RISK FINANCIAL STABILITY FINANCIAL SUPPORT FINANCIAL SUSTAINABILITY FINANCIAL TERMS FOSSIL FOSSIL FUEL FOSSIL FUEL CONSUMPTION FOSSIL FUEL IMPORTS FUELS FUND MANAGEMENT GAS GAS TURBINE GENERATION GENERATION CAPACITY GHG GLOBAL ENVIRONMENT FACILITY GLOBAL KNOWLEDGE GOVERNMENT POLICY GROSS DOMESTIC PRODUCT HEAT HEAT TRANSFER HOME MARKET IMPACT ASSESSMENT INDUSTRIAL DEVELOPMENT INFLATION INFRASTRUCTURE INVESTMENT INSTITUTIONAL CAPACITY INSTRUMENT INTERNATIONAL BANK INTERNATIONAL FINANCE INVESTMENT BANK INVESTMENT FUNDS INVESTMENT LOANS INVESTMENT PROJECTS INVESTMENT REQUIREMENTS IRRADIATION JOINT VENTURES KILOWATT-HOUR LOAD FACTOR LOAN LOAN GUARANTEE LOAN GUARANTEES LOCAL CAPACITIES LOCAL CAPACITY LOCAL MARKETS LONG-TERM INVESTMENT MANUFACTURING MANUFACTURING INDUSTRY MARKET CONDITIONS MARKET IMPEDIMENTS MARKET MECHANISM MARKET PRICE MARKET PRICES MARKET SIZE MATURITY NATURAL GAS OPPORTUNITY COST PHOTO PHOTOVOLTAIC POWER PHOTOVOLTAICS PHYSICAL ASSET PIPELINE POLICY FRAMEWORK POLLUTANTS PORTFOLIO POWER BLOCK POWER CAPACITY POWER CONVERSION POWER CORPORATION POWER GENERATORS POWER PLANT POWER PLANTS POWER PRODUCER POWER PRODUCERS POWER PURCHASE AGREEMENTS PREMIUM PAYMENT PRICE DISCOVERY PRICE OF ELECTRICITY PRIVATE PARTNERSHIP PRIVATE SECTOR PRIVATE SECTOR INVESTMENTS PROCUREMENT PRODUCT INNOVATION PUBLIC UTILITIES R&D RATE OF RETURN REGULATORY FRAMEWORK REGULATORY FRAMEWORKS RENEWABLE ENERGIES RENEWABLE ENERGY RENEWABLE ENERGY FUND RENEWABLE ENERGY GENERATORS RENEWABLE ENERGY PRODUCERS RENEWABLE ENERGY PROJECTS RENEWABLE ENERGY SOURCES RENEWABLE ENERGY SYSTEMS RENEWABLE ENERGY TECHNOLOGIES RENEWABLE ENERGY TECHNOLOGY RENEWABLE PORTFOLIO STANDARD RENEWABLE PORTFOLIO STANDARDS RENEWABLE POWER RENEWABLE SOURCE RENEWABLE SOURCES RENEWABLE TECHNOLOGIES REPAYMENT RESERVE RESULT RESULTS RETURNS REVERSE AUCTION RISK CAPITAL RISK PROFILE RURAL ENERGY SENSITIVITY ANALYSES SENSITIVITY ANALYSIS SOLAR ENERGY SOLAR POWER SOLAR PROJECTS SOLAR RADIATION SOLAR RESOURCE SOLAR THERMAL SOVEREIGN GUARANTEES STEAM GENERATION STEAM TURBINE SUPPLY CHAIN SUSTAINABLE ENERGY TARGETS TARIFF LEVELS TAX TAX CREDIT TAX CREDITS TAX EXEMPTION TAX INCENTIVES TECHNICAL ASSISTANCE TECHNOLOGY DEVELOPMENT THERMAL PERFORMANCE THERMAL POWER THERMAL POWER GENERATION THERMAL TECHNOLOGIES TRADABLE EMISSION TRADING TRANSACTION TRANSACTION COSTS TRANSPARENCY TRUST FUND UTILITIES UTILITY MODEL VALUE CHAIN WHOLESALE PRICE WIND WIND POWER WIND PROJECTS |
| spellingShingle |
ACCESS TO INFORMATION ACTION PLAN APPROACH AUCTION MECHANISM AUCTION MECHANISMS AVAILABILITY BACK-UP BALANCE BALANCE SHEET BID BIDS BIOMASS BOILER BOND BONDS BUSINESS MODELS BUYER BUYERS CAPABILITIES CAPABILITY CAPACITY FACTOR CAPACITY FACTORS CAPITAL EXPENDITURE CAPITAL EXPENDITURES CAPITAL INVESTMENT CARBON CARBON EMISSIONS CARBON VALUES CASH FLOWS CERTIFICATE CLEAN ENERGY CLEAN TECHNOLOGY CLIMATE CLIMATE CHANGE CO CO2 COMMERCIAL BANKS COMMODITY COMMODITY PRICES COMPETITIVENESS COMPLIANCE COST CONSUMER PRICE INDEX CONSUMER PROTECTION COPYRIGHT COST OF ELECTRICITY CREDIT STRENGTH CYCLE SYSTEM DEBT DEBT SERVICE DESERTS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT BANK DIESEL DIFFUSION ECONOMIC DEVELOPMENT ELECTRICITY ELECTRICITY CONSUMPTION ELECTRICITY GENERATION ELECTRICITY PRICES ELECTRICITY PRODUCTION ELECTRICITY SUPPLY ELECTRICITY TARIFF ELECTRICITY TARIFFS EMERGING MARKET EMERGING MARKETS EMISSION EMISSION PERMITS EMPLOYMENT ENABLING ENVIRONMENT ENERGY EFFICIENCY ENERGY MARKETS ENERGY POLICIES ENERGY SOURCES EXPENDITURE EXPENDITURES EXTERNAL CONSULTANTS FINANCIAL INSTRUMENT FINANCIAL RISK FINANCIAL STABILITY FINANCIAL SUPPORT FINANCIAL SUSTAINABILITY FINANCIAL TERMS FOSSIL FOSSIL FUEL FOSSIL FUEL CONSUMPTION FOSSIL FUEL IMPORTS FUELS FUND MANAGEMENT GAS GAS TURBINE GENERATION GENERATION CAPACITY GHG GLOBAL ENVIRONMENT FACILITY GLOBAL KNOWLEDGE GOVERNMENT POLICY GROSS DOMESTIC PRODUCT HEAT HEAT TRANSFER HOME MARKET IMPACT ASSESSMENT INDUSTRIAL DEVELOPMENT INFLATION INFRASTRUCTURE INVESTMENT INSTITUTIONAL CAPACITY INSTRUMENT INTERNATIONAL BANK INTERNATIONAL FINANCE INVESTMENT BANK INVESTMENT FUNDS INVESTMENT LOANS INVESTMENT PROJECTS INVESTMENT REQUIREMENTS IRRADIATION JOINT VENTURES KILOWATT-HOUR LOAD FACTOR LOAN LOAN GUARANTEE LOAN GUARANTEES LOCAL CAPACITIES LOCAL CAPACITY LOCAL MARKETS LONG-TERM INVESTMENT MANUFACTURING MANUFACTURING INDUSTRY MARKET CONDITIONS MARKET IMPEDIMENTS MARKET MECHANISM MARKET PRICE MARKET PRICES MARKET SIZE MATURITY NATURAL GAS OPPORTUNITY COST PHOTO PHOTOVOLTAIC POWER PHOTOVOLTAICS PHYSICAL ASSET PIPELINE POLICY FRAMEWORK POLLUTANTS PORTFOLIO POWER BLOCK POWER CAPACITY POWER CONVERSION POWER CORPORATION POWER GENERATORS POWER PLANT POWER PLANTS POWER PRODUCER POWER PRODUCERS POWER PURCHASE AGREEMENTS PREMIUM PAYMENT PRICE DISCOVERY PRICE OF ELECTRICITY PRIVATE PARTNERSHIP PRIVATE SECTOR PRIVATE SECTOR INVESTMENTS PROCUREMENT PRODUCT INNOVATION PUBLIC UTILITIES R&D RATE OF RETURN REGULATORY FRAMEWORK REGULATORY FRAMEWORKS RENEWABLE ENERGIES RENEWABLE ENERGY RENEWABLE ENERGY FUND RENEWABLE ENERGY GENERATORS RENEWABLE ENERGY PRODUCERS RENEWABLE ENERGY PROJECTS RENEWABLE ENERGY SOURCES RENEWABLE ENERGY SYSTEMS RENEWABLE ENERGY TECHNOLOGIES RENEWABLE ENERGY TECHNOLOGY RENEWABLE PORTFOLIO STANDARD RENEWABLE PORTFOLIO STANDARDS RENEWABLE POWER RENEWABLE SOURCE RENEWABLE SOURCES RENEWABLE TECHNOLOGIES REPAYMENT RESERVE RESULT RESULTS RETURNS REVERSE AUCTION RISK CAPITAL RISK PROFILE RURAL ENERGY SENSITIVITY ANALYSES SENSITIVITY ANALYSIS SOLAR ENERGY SOLAR POWER SOLAR PROJECTS SOLAR RADIATION SOLAR RESOURCE SOLAR THERMAL SOVEREIGN GUARANTEES STEAM GENERATION STEAM TURBINE SUPPLY CHAIN SUSTAINABLE ENERGY TARGETS TARIFF LEVELS TAX TAX CREDIT TAX CREDITS TAX EXEMPTION TAX INCENTIVES TECHNICAL ASSISTANCE TECHNOLOGY DEVELOPMENT THERMAL PERFORMANCE THERMAL POWER THERMAL POWER GENERATION THERMAL TECHNOLOGIES TRADABLE EMISSION TRADING TRANSACTION TRANSACTION COSTS TRANSPARENCY TRUST FUND UTILITIES UTILITY MODEL VALUE CHAIN WHOLESALE PRICE WIND WIND POWER WIND PROJECTS Kulichenko, Nataliya Wirth, Jens Regulatory and Financial Incentives for Scaling Up Concentrating Solar Power in Developing Countries |
| relation |
Energy and Mining Sector Board Discussion Paper;No. 24 |
| description |
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. |
| format |
Working Paper |
| author |
Kulichenko, Nataliya Wirth, Jens |
| author_facet |
Kulichenko, Nataliya Wirth, Jens |
| author_sort |
Kulichenko, Nataliya |
| title |
Regulatory and Financial Incentives for Scaling Up Concentrating Solar Power in Developing Countries |
| title_short |
Regulatory and Financial Incentives for Scaling Up Concentrating Solar Power in Developing Countries |
| title_full |
Regulatory and Financial Incentives for Scaling Up Concentrating Solar Power in Developing Countries |
| title_fullStr |
Regulatory and Financial Incentives for Scaling Up Concentrating Solar Power in Developing Countries |
| title_full_unstemmed |
Regulatory and Financial Incentives for Scaling Up Concentrating Solar Power in Developing Countries |
| title_sort |
regulatory and financial incentives for scaling up concentrating solar power in developing countries |
| publisher |
World Bank, Washington, DC |
| publishDate |
2017 |
| url |
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 |
| _version_ |
1764463770866810880 |
| spelling |
okr-10986-273142021-04-23T14:04:40Z Regulatory and Financial Incentives for Scaling Up Concentrating Solar Power in Developing Countries Kulichenko, Nataliya Wirth, Jens ACCESS TO INFORMATION ACTION PLAN APPROACH AUCTION MECHANISM AUCTION MECHANISMS AVAILABILITY BACK-UP BALANCE BALANCE SHEET BID BIDS BIOMASS BOILER BOND BONDS BUSINESS MODELS BUYER BUYERS CAPABILITIES CAPABILITY CAPACITY FACTOR CAPACITY FACTORS CAPITAL EXPENDITURE CAPITAL EXPENDITURES CAPITAL INVESTMENT CARBON CARBON EMISSIONS CARBON VALUES CASH FLOWS CERTIFICATE CLEAN ENERGY CLEAN TECHNOLOGY CLIMATE CLIMATE CHANGE CO CO2 COMMERCIAL BANKS COMMODITY COMMODITY PRICES COMPETITIVENESS COMPLIANCE COST CONSUMER PRICE INDEX CONSUMER PROTECTION COPYRIGHT COST OF ELECTRICITY CREDIT STRENGTH CYCLE SYSTEM DEBT DEBT SERVICE DESERTS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT BANK DIESEL DIFFUSION ECONOMIC DEVELOPMENT ELECTRICITY ELECTRICITY CONSUMPTION ELECTRICITY GENERATION ELECTRICITY PRICES ELECTRICITY PRODUCTION ELECTRICITY SUPPLY ELECTRICITY TARIFF ELECTRICITY TARIFFS EMERGING MARKET EMERGING MARKETS EMISSION EMISSION PERMITS EMPLOYMENT ENABLING ENVIRONMENT ENERGY EFFICIENCY ENERGY MARKETS ENERGY POLICIES ENERGY SOURCES EXPENDITURE EXPENDITURES EXTERNAL CONSULTANTS FINANCIAL INSTRUMENT FINANCIAL RISK FINANCIAL STABILITY FINANCIAL SUPPORT FINANCIAL SUSTAINABILITY FINANCIAL TERMS FOSSIL FOSSIL FUEL FOSSIL FUEL CONSUMPTION FOSSIL FUEL IMPORTS FUELS FUND MANAGEMENT GAS GAS TURBINE GENERATION GENERATION CAPACITY GHG GLOBAL ENVIRONMENT FACILITY GLOBAL KNOWLEDGE GOVERNMENT POLICY GROSS DOMESTIC PRODUCT HEAT HEAT TRANSFER HOME MARKET IMPACT ASSESSMENT INDUSTRIAL DEVELOPMENT INFLATION INFRASTRUCTURE INVESTMENT INSTITUTIONAL CAPACITY INSTRUMENT INTERNATIONAL BANK INTERNATIONAL FINANCE INVESTMENT BANK INVESTMENT FUNDS INVESTMENT LOANS INVESTMENT PROJECTS INVESTMENT REQUIREMENTS IRRADIATION JOINT VENTURES KILOWATT-HOUR LOAD FACTOR LOAN LOAN GUARANTEE LOAN GUARANTEES LOCAL CAPACITIES LOCAL CAPACITY LOCAL MARKETS LONG-TERM INVESTMENT MANUFACTURING MANUFACTURING INDUSTRY MARKET CONDITIONS MARKET IMPEDIMENTS MARKET MECHANISM MARKET PRICE MARKET PRICES MARKET SIZE MATURITY NATURAL GAS OPPORTUNITY COST PHOTO PHOTOVOLTAIC POWER PHOTOVOLTAICS PHYSICAL ASSET PIPELINE POLICY FRAMEWORK POLLUTANTS PORTFOLIO POWER BLOCK POWER CAPACITY POWER CONVERSION POWER CORPORATION POWER GENERATORS POWER PLANT POWER PLANTS POWER PRODUCER POWER PRODUCERS POWER PURCHASE AGREEMENTS PREMIUM PAYMENT PRICE DISCOVERY PRICE OF ELECTRICITY PRIVATE PARTNERSHIP PRIVATE SECTOR PRIVATE SECTOR INVESTMENTS PROCUREMENT PRODUCT INNOVATION PUBLIC UTILITIES R&D RATE OF RETURN REGULATORY FRAMEWORK REGULATORY FRAMEWORKS RENEWABLE ENERGIES RENEWABLE ENERGY RENEWABLE ENERGY FUND RENEWABLE ENERGY GENERATORS RENEWABLE ENERGY PRODUCERS RENEWABLE ENERGY PROJECTS RENEWABLE ENERGY SOURCES RENEWABLE ENERGY SYSTEMS RENEWABLE ENERGY TECHNOLOGIES RENEWABLE ENERGY TECHNOLOGY RENEWABLE PORTFOLIO STANDARD RENEWABLE PORTFOLIO STANDARDS RENEWABLE POWER RENEWABLE SOURCE RENEWABLE SOURCES RENEWABLE TECHNOLOGIES REPAYMENT RESERVE RESULT RESULTS RETURNS REVERSE AUCTION RISK CAPITAL RISK PROFILE RURAL ENERGY SENSITIVITY ANALYSES SENSITIVITY ANALYSIS SOLAR ENERGY SOLAR POWER SOLAR PROJECTS SOLAR RADIATION SOLAR RESOURCE SOLAR THERMAL SOVEREIGN GUARANTEES STEAM GENERATION STEAM TURBINE SUPPLY CHAIN SUSTAINABLE ENERGY TARGETS TARIFF LEVELS TAX TAX CREDIT TAX CREDITS TAX EXEMPTION TAX INCENTIVES TECHNICAL ASSISTANCE TECHNOLOGY DEVELOPMENT THERMAL PERFORMANCE THERMAL POWER THERMAL POWER GENERATION THERMAL TECHNOLOGIES TRADABLE EMISSION TRADING TRANSACTION TRANSACTION COSTS TRANSPARENCY TRUST FUND UTILITIES UTILITY MODEL VALUE CHAIN WHOLESALE PRICE WIND WIND POWER WIND PROJECTS 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. 2017-06-21T21:34:35Z 2017-06-21T21:34:35Z 2011-06 Working Paper 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 English en_US Energy and Mining Sector Board Discussion Paper;No. 24 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Energy Study Economic & Sector Work |