Concentrating solar power in developing countries regulatory and financial incentives for scaling up.

• Main Authors: Kulichenko, Natalia, Wirth, Jens
• Format: eBook Book
• Language: English
• Published: Herndon THE WORLD BANK 2012; World Bank Publications; The World Bank; Washington, DC: World Bank; World Bank
• Edition: 1
• Series: World Bank Studies
• Subjects: ACCESS TO INFORMATION; ACTION PLAN; APPROACH; AUCTION MECHANISM; AUCTION MECHANISMS; AVAILABILITY; BACK-UP; BALANCE; BALANCE SHEET; BID; BIDS; BIOMASS; BOILER; BOND; BONDS; BUS022000 - BUSINESS & ECONOMICS; BUS035000 - BUSINESS & ECONOMICS; BUS072000 - BUSINESS & ECONOMICS; 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; CO2; COLORS; COMMERCIAL BANKS; COMPETITIVENESS; COMPLIANCE COST; Concentrating Solar Power-Concentrating Solar Thermal Power-Regulatory Framework-Solar Power Technologies-Technology Cost Reduction-Renewable Energy-Local manufacturing-Bidding Criteria-Power Purchase Agreements-Developing countries; CONSUMER PRICE INDEX; CONSUMER PROTECTION; COST OF ELECTRICITY; CREDIT STRENGTH; CYCLE SYSTEM; DEBT; DEBT SERVICE; DESERTS; DEVELOPING COUNTRIES; DEVELOPING COUNTRY; Development; DEVELOPMENT BANK; DIESEL; DIFFUSION; E-MAIL; Economic Conditions; 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; ENERGY DEVELOPMENT; ENERGY EFFICIENCY; Energy industries; Energy industry; ENERGY MARKETS; ENERGY POLICIES; ENERGY SOURCES; Environment; EXPENDITURE; EXPENDITURES; EXTERNAL CONSULTANTS; Finance; FINANCIAL CRISIS; Financial incentives; 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 Economics and Finance; INFRASTRUCTURE INVESTMENT; INSTITUTIONAL CAPACITY; INSTRUMENT; International; 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; Nuclear; 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; Power Resources; 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; Regulatory policy; 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 Development; SUSTAINABLE ENERGY; TARGETS; TARIFF LEVELS; TAX; TAX CREDIT; TAX CREDITS; TAX EXEMPTION; TAX INCENTIVES; TEC028000 - TECHNOLOGY & ENGINEERING; 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; LOCAL MANUFACTURING; TECHNOLOGY COST REDUCTION; BIDDING CRITERIA; REGULATORY FRAMEWORK; CONCENTRATING SOLAR POWER; RENEWABLE ENERGY; POWER PURCHASE AGREEMENTS; SOLAR POWER TECHNOLOGIES; DEVELOPING COUNTRIES
• ISBN: 9780821396070; 0821396080; 9780821396087; 0821396072
• DOI: 10.1596/978-0-8213-9607-0

At present, different concentrating solar thermal technologies (CST) 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 World Bank Group 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.Against this background, 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 CST 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.