Concentrating Solar Power in Developing Countries : Regulatory and Financial Incentives for Scaling Up

Concentrating Solar Thermal power (CST) has a tremendous potential for scaling up renewable energy at the utility level, diversifying the generation portfolio mix, powering development, and mitigating climate change. At present, different CST techn...

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Main Authors: Kulichenko, Natalia, Wirth, Jens
Format: Publication
Language:English
Published: Washington, DC: World Bank 2012
Subjects:
BID
CO
CO2
GAS
GHG
R&D
TAX
Online Access:http://documents.worldbank.org/curated/en/2012/06/16489437/concentrating-solar-power-developing-countries-regulatory-financial-incentives-scaling-up
http://hdl.handle.net/10986/9382
id okr-10986-9382
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ACCESS TO INFORMATION
ACTION PLAN
APPROACH
AUCTION MECHANISM
AUCTION MECHANISMS
AVAILABILITY
BACK-UP
BALANCE
BALANCE SHEET
BID
BIDS
BIOMASS
BOILER
BOND
BONDS
BUYER
BUYERS
CAPABILITIES
CAPABILITY
CAPACITY FACTOR
CAPACITY FACTORS
CAPITAL EXPENDITURE
CAPITAL EXPENDITURES
CAPITAL INVESTMENT
CARBON
CARBON EMISSIONS
CARBON VALUES
CASH FLOW
CASH FLOWS
CERTIFICATE
CLEAN ENERGY
CLEAN TECHNOLOGY
CLIMATE
CLIMATE CHANGE
CO
CO2
COLORS
COMMERCIAL BANKS
COMPETITIVENESS
COMPLIANCE COST
CONSUMER PRICE INDEX
CONSUMER PROTECTION
COST OF ELECTRICITY
CREDIT STRENGTH
CYCLE SYSTEM
DEBT
DEBT SERVICE
DESERTS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT BANK
DIESEL
DIFFUSION
E-MAIL
ECONOMIC DEVELOPMENT
ELECTRICITY
ELECTRICITY CAPACITY
ELECTRICITY CONSUMPTION
ELECTRICITY GENERATION
ELECTRICITY PRICES
ELECTRICITY PRODUCTION
ELECTRICITY SUPPLY
ELECTRICITY TARIFF
EMERGING MARKET
EMERGING MARKETS
EMISSION
EMISSION PERMITS
EMPLOYMENT
ENABLING ENVIRONMENT
ENERGY DEVELOPMENT
ENERGY EFFICIENCY
ENERGY MARKETS
ENERGY POLICIES
ENERGY SOURCES
EXPENDITURE
EXPENDITURES
EXTERNAL CONSULTANTS
FINANCIAL CRISIS
FINANCIAL INSTRUMENT
FINANCIAL RISK
FINANCIAL STABILITY
FINANCIAL STRUCTURES
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
KILOWATT-HOUR
LICENSE
LICENSES
LOAD FACTOR
LOAN
LOAN GUARANTEE
LOAN GUARANTEES
LOCAL CAPACITIES
LOCAL CAPACITY
LOCAL MARKETS
LONG-TERM INVESTMENT
MANUFACTURING
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
PUBLIC UTILITIES
QUERIES
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
SPOT MARKET
STEAM GENERATION
STEAM TURBINE
SUSTAINABLE ENERGY
TARGETS
TARIFF LEVELS
TAX
TAX CREDIT
TAX CREDITS
TAX EXEMPTION
TAX INCENTIVES
TECHNICAL ASSISTANCE
TELEPHONE
THERMAL PERFORMANCE
THERMAL POWER
THERMAL POWER GENERATION
THERMAL TECHNOLOGIES
TRADABLE EMISSION
TRADING
TRANSACTION
TRANSACTION COSTS
TRANSLATION
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
BUYER
BUYERS
CAPABILITIES
CAPABILITY
CAPACITY FACTOR
CAPACITY FACTORS
CAPITAL EXPENDITURE
CAPITAL EXPENDITURES
CAPITAL INVESTMENT
CARBON
CARBON EMISSIONS
CARBON VALUES
CASH FLOW
CASH FLOWS
CERTIFICATE
CLEAN ENERGY
CLEAN TECHNOLOGY
CLIMATE
CLIMATE CHANGE
CO
CO2
COLORS
COMMERCIAL BANKS
COMPETITIVENESS
COMPLIANCE COST
CONSUMER PRICE INDEX
CONSUMER PROTECTION
COST OF ELECTRICITY
CREDIT STRENGTH
CYCLE SYSTEM
DEBT
DEBT SERVICE
DESERTS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT BANK
DIESEL
DIFFUSION
E-MAIL
ECONOMIC DEVELOPMENT
ELECTRICITY
ELECTRICITY CAPACITY
ELECTRICITY CONSUMPTION
ELECTRICITY GENERATION
ELECTRICITY PRICES
ELECTRICITY PRODUCTION
ELECTRICITY SUPPLY
ELECTRICITY TARIFF
EMERGING MARKET
EMERGING MARKETS
EMISSION
EMISSION PERMITS
EMPLOYMENT
ENABLING ENVIRONMENT
ENERGY DEVELOPMENT
ENERGY EFFICIENCY
ENERGY MARKETS
ENERGY POLICIES
ENERGY SOURCES
EXPENDITURE
EXPENDITURES
EXTERNAL CONSULTANTS
FINANCIAL CRISIS
FINANCIAL INSTRUMENT
FINANCIAL RISK
FINANCIAL STABILITY
FINANCIAL STRUCTURES
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
KILOWATT-HOUR
LICENSE
LICENSES
LOAD FACTOR
LOAN
LOAN GUARANTEE
LOAN GUARANTEES
LOCAL CAPACITIES
LOCAL CAPACITY
LOCAL MARKETS
LONG-TERM INVESTMENT
MANUFACTURING
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
PUBLIC UTILITIES
QUERIES
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
SPOT MARKET
STEAM GENERATION
STEAM TURBINE
SUSTAINABLE ENERGY
TARGETS
TARIFF LEVELS
TAX
TAX CREDIT
TAX CREDITS
TAX EXEMPTION
TAX INCENTIVES
TECHNICAL ASSISTANCE
TELEPHONE
THERMAL PERFORMANCE
THERMAL POWER
THERMAL POWER GENERATION
THERMAL TECHNOLOGIES
TRADABLE EMISSION
TRADING
TRANSACTION
TRANSACTION COSTS
TRANSLATION
TRANSPARENCY
TRUST FUND
UTILITIES
UTILITY MODEL
VALUE CHAIN
WHOLESALE PRICE
WIND
WIND POWER
WIND PROJECTS
Kulichenko, Natalia
Wirth, Jens
Concentrating Solar Power in Developing Countries : Regulatory and Financial Incentives for Scaling Up
geographic_facet Middle East
North Africa
India
South Africa
Morocco
relation World Bank Studies
description Concentrating Solar Thermal power (CST) has a tremendous potential for scaling up renewable energy at the utility level, diversifying the generation portfolio mix, powering development, and mitigating climate change. 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. This report: a) analyzes and draws lessons from the efforts of some developed countries and adapts them to the characteristics of developing economies; b) assesses the cost reduction potential and economic and financial affordability of various technologies in emerging markets; c) evaluates the potential for cost reduction and associated economic benefits derived from local manufacturing; and d) suggests ways to tailor bidding models and practices, bid selection criteria, and structures for power purchase agreements (PPAs) for CST projects in developing market conditions. The report also presents a review of typical cost structures for parabolic trough and power tower plants, which was derived from projects developed or under preparation in Spain and the United States specifically for this report, and an in-depth assessment of the respective cost drivers.
format Publications & Research :: Publication
author Kulichenko, Natalia
Wirth, Jens
author_facet Kulichenko, Natalia
Wirth, Jens
author_sort Kulichenko, Natalia
title Concentrating Solar Power in Developing Countries : Regulatory and Financial Incentives for Scaling Up
title_short Concentrating Solar Power in Developing Countries : Regulatory and Financial Incentives for Scaling Up
title_full Concentrating Solar Power in Developing Countries : Regulatory and Financial Incentives for Scaling Up
title_fullStr Concentrating Solar Power in Developing Countries : Regulatory and Financial Incentives for Scaling Up
title_full_unstemmed Concentrating Solar Power in Developing Countries : Regulatory and Financial Incentives for Scaling Up
title_sort concentrating solar power in developing countries : regulatory and financial incentives for scaling up
publisher Washington, DC: World Bank
publishDate 2012
url http://documents.worldbank.org/curated/en/2012/06/16489437/concentrating-solar-power-developing-countries-regulatory-financial-incentives-scaling-up
http://hdl.handle.net/10986/9382
_version_ 1764409334185328640
spelling okr-10986-93822021-04-23T14:02:45Z Concentrating Solar Power in Developing Countries : Regulatory and Financial Incentives for Scaling Up Kulichenko, Natalia Wirth, Jens ACCESS TO INFORMATION ACTION PLAN APPROACH AUCTION MECHANISM AUCTION MECHANISMS AVAILABILITY BACK-UP BALANCE BALANCE SHEET BID BIDS BIOMASS BOILER BOND BONDS BUYER BUYERS CAPABILITIES CAPABILITY CAPACITY FACTOR CAPACITY FACTORS CAPITAL EXPENDITURE CAPITAL EXPENDITURES CAPITAL INVESTMENT CARBON CARBON EMISSIONS CARBON VALUES CASH FLOW CASH FLOWS CERTIFICATE CLEAN ENERGY CLEAN TECHNOLOGY CLIMATE CLIMATE CHANGE CO CO2 COLORS COMMERCIAL BANKS COMPETITIVENESS COMPLIANCE COST CONSUMER PRICE INDEX CONSUMER PROTECTION COST OF ELECTRICITY CREDIT STRENGTH CYCLE SYSTEM DEBT DEBT SERVICE DESERTS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT BANK DIESEL DIFFUSION E-MAIL ECONOMIC DEVELOPMENT ELECTRICITY ELECTRICITY CAPACITY ELECTRICITY CONSUMPTION ELECTRICITY GENERATION ELECTRICITY PRICES ELECTRICITY PRODUCTION ELECTRICITY SUPPLY ELECTRICITY TARIFF EMERGING MARKET EMERGING MARKETS EMISSION EMISSION PERMITS EMPLOYMENT ENABLING ENVIRONMENT ENERGY DEVELOPMENT ENERGY EFFICIENCY ENERGY MARKETS ENERGY POLICIES ENERGY SOURCES EXPENDITURE EXPENDITURES EXTERNAL CONSULTANTS FINANCIAL CRISIS FINANCIAL INSTRUMENT FINANCIAL RISK FINANCIAL STABILITY FINANCIAL STRUCTURES 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 KILOWATT-HOUR LICENSE LICENSES LOAD FACTOR LOAN LOAN GUARANTEE LOAN GUARANTEES LOCAL CAPACITIES LOCAL CAPACITY LOCAL MARKETS LONG-TERM INVESTMENT MANUFACTURING 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 PUBLIC UTILITIES QUERIES 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 SPOT MARKET STEAM GENERATION STEAM TURBINE SUSTAINABLE ENERGY TARGETS TARIFF LEVELS TAX TAX CREDIT TAX CREDITS TAX EXEMPTION TAX INCENTIVES TECHNICAL ASSISTANCE TELEPHONE THERMAL PERFORMANCE THERMAL POWER THERMAL POWER GENERATION THERMAL TECHNOLOGIES TRADABLE EMISSION TRADING TRANSACTION TRANSACTION COSTS TRANSLATION TRANSPARENCY TRUST FUND UTILITIES UTILITY MODEL VALUE CHAIN WHOLESALE PRICE WIND WIND POWER WIND PROJECTS Concentrating Solar Thermal power (CST) has a tremendous potential for scaling up renewable energy at the utility level, diversifying the generation portfolio mix, powering development, and mitigating climate change. 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. This report: a) analyzes and draws lessons from the efforts of some developed countries and adapts them to the characteristics of developing economies; b) assesses the cost reduction potential and economic and financial affordability of various technologies in emerging markets; c) evaluates the potential for cost reduction and associated economic benefits derived from local manufacturing; and d) suggests ways to tailor bidding models and practices, bid selection criteria, and structures for power purchase agreements (PPAs) for CST projects in developing market conditions. The report also presents a review of typical cost structures for parabolic trough and power tower plants, which was derived from projects developed or under preparation in Spain and the United States specifically for this report, and an in-depth assessment of the respective cost drivers. 2012-07-31T14:57:45Z 2012-07-31T14:57:45Z 2012-06-28 http://documents.worldbank.org/curated/en/2012/06/16489437/concentrating-solar-power-developing-countries-regulatory-financial-incentives-scaling-up 978-0-8213-9607-0 http://hdl.handle.net/10986/9382 English World Bank Studies CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication Middle East North Africa India South Africa Morocco