A New Scheme for the Promotion of Renewable Energies in Developing Countries: The Renewable Energy Regulated Purchase Tariff

From Open Energy Information

This report sets out the main findings of the discussions carried out by the Developing Countries Group of the European Photovoltaic (PV) Technology Platform. In particular, the findings of identifying and defining an effective financial mechanism to bolster renewables in mini-grids as part of a least-cost strategy for rural electrification at village-scale in Developing Countries.

The main aim of this policy-support document is to attract policy-makers' attention in renewable energies deployment, offering to energy and development stakeholders an alternative subsidy-scheme to support electrification in a village-scale mini-grid based on the good performance of the renewable electricity generation. Market support mechanisms are required to stimulate the deployment of most renewable energy technologies becoming already competitive with existing energy technology options for off-grid areas.