Renewable Energies in the Middle East and North Africa: Policies to Support Private Investment
The combined effects of the economic crisis and the recent popular uprisings in parts of the Middle East and North Africa have brought social and economic challenges back to the centre of attention of policy makers. For governments searching to create jobs, to satisfy the growing energy demand of th...
Gespeichert in:
| Format: | Elektronisch E-Book |
|---|---|
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2013
|
| Schriftenreihe: | Competitiveness and Private Sector Development
|
| Schlagworte: | |
| Online-Zugang: | kostenfrei |
| Zusammenfassung: | The combined effects of the economic crisis and the recent popular uprisings in parts of the Middle East and North Africa have brought social and economic challenges back to the centre of attention of policy makers. For governments searching to create jobs, to satisfy the growing energy demand of their populations and to diversify their economies, the appeal of renewable energies is strong. However, the right policy framework and support need to be put in place if the region wants to attract private investment in the sector and reap the benefits of its favourable resource endowment, especially as regards solar and wind energy. This report makes the case for a stronger deployment of renewables in the Middle East and North Africa and identifies the appropriate support policies required to stimulate the necessary private investment. An assessment of existing policy frameworks in the region and examples from OECD good practice are used as pointers to help guide policy makers in their choices. The analysis contained in this report suggests that support policies targeting the life cycle of renewable energy projects such as feed-in tariffs and power purchase agreements are more effective and less distortive than policies subsidising the initial investment, such as cost reductions. The optimal incentive scheme provides investors with stability through a guaranteed but declining minimum return while imposing enough market risk to foster technological progress |
| Beschreibung: | 1 Online-Ressource (132 Seiten) 21 x 28cm |
| ISBN: | 9789264183704 |
| DOI: | 10.1787/9789264183704-en |
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| id | DE-604.BV046962225 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T15:44:21Z |
| indexdate | 2024-12-17T19:03:09Z |
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| isbn | 9789264183704 |
| language | English |
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| series2 | Competitiveness and Private Sector Development |
| spelling | Renewable Energies in the Middle East and North Africa Policies to Support Private Investment Organisation for Economic Co-operation and Development Paris OECD Publishing 2013 1 Online-Ressource (132 Seiten) 21 x 28cm txt rdacontent c rdamedia cr rdacarrier Competitiveness and Private Sector Development The combined effects of the economic crisis and the recent popular uprisings in parts of the Middle East and North Africa have brought social and economic challenges back to the centre of attention of policy makers. For governments searching to create jobs, to satisfy the growing energy demand of their populations and to diversify their economies, the appeal of renewable energies is strong. However, the right policy framework and support need to be put in place if the region wants to attract private investment in the sector and reap the benefits of its favourable resource endowment, especially as regards solar and wind energy. This report makes the case for a stronger deployment of renewables in the Middle East and North Africa and identifies the appropriate support policies required to stimulate the necessary private investment. An assessment of existing policy frameworks in the region and examples from OECD good practice are used as pointers to help guide policy makers in their choices. The analysis contained in this report suggests that support policies targeting the life cycle of renewable energy projects such as feed-in tariffs and power purchase agreements are more effective and less distortive than policies subsidising the initial investment, such as cost reductions. The optimal incentive scheme provides investors with stability through a guaranteed but declining minimum return while imposing enough market risk to foster technological progress Energy Employment Environment Finance and Investment Industry and Services https://doi.org/10.1787/9789264183704-en Verlag kostenfrei Volltext |
| spellingShingle | Renewable Energies in the Middle East and North Africa Policies to Support Private Investment Energy Employment Environment Finance and Investment Industry and Services |
| title | Renewable Energies in the Middle East and North Africa Policies to Support Private Investment |
| title_auth | Renewable Energies in the Middle East and North Africa Policies to Support Private Investment |
| title_exact_search | Renewable Energies in the Middle East and North Africa Policies to Support Private Investment |
| title_exact_search_txtP | Renewable Energies in the Middle East and North Africa Policies to Support Private Investment |
| title_full | Renewable Energies in the Middle East and North Africa Policies to Support Private Investment Organisation for Economic Co-operation and Development |
| title_fullStr | Renewable Energies in the Middle East and North Africa Policies to Support Private Investment Organisation for Economic Co-operation and Development |
| title_full_unstemmed | Renewable Energies in the Middle East and North Africa Policies to Support Private Investment Organisation for Economic Co-operation and Development |
| title_short | Renewable Energies in the Middle East and North Africa |
| title_sort | renewable energies in the middle east and north africa policies to support private investment |
| title_sub | Policies to Support Private Investment |
| topic | Energy Employment Environment Finance and Investment Industry and Services |
| topic_facet | Energy Employment Environment Finance and Investment Industry and Services |
| url | https://doi.org/10.1787/9789264183704-en |