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.