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ID:
116916
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| Publication |
2012.
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| Summary/Abstract |
Beginning in 2006, China experienced a rapid growth in its renewable energy resources, particularly wind power, placing it among the world's leading countries in terms of renewable energy installation and generation. This growth was greatly enabled by the renewable energy policy framework created by its landmark Renewable Energy Law, passed in 2005 and amended in 2009, which established key policies including: national renewable energy targets; a mandatory connection and purchase policy; a national feed-in tariff system; and arrangements for cost-sharing and funding of renewable energy incentives.
This paper describes the mechanisms established by the Renewable Energy Law and its implementing regulations, as well as the challenges China continues to face in improving its renewable energy policy framework to improve integration and utilization of renewable energy sources. It also provides a comparison of the Chinese renewable energy policy framework with those in the European Union and United States. Finally, the paper provides recommendations for improving implementation of the Renewable Energy Law, with regard to implementing a renewable power quota system and priority dispatch policy, developing technical standards for connection of renewable resources with the grid, development of a more advanced feed-in tariff system, and central-local coordination of renewable energy development.
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| 2 |
ID:
166430
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| Summary/Abstract |
The Republic of Ghana aims to develop and utilise renewable energy and energy efficiency technologies to achieve a 10% penetration of national electricity production by 2020. The government also aims to achieve a 100% national electrification with renewable energy identified as the catalyst for achieving this policy goal. The situation however is, as of December 2017, Ghana has been able to achieve a 0.5% penetration rate of electricity from renewable energy sources in its total generation mix. This paper argues that Ghana is unable to reach its renewable energy target of 10% by 2020 given that it needs to integrate 9.5% of renewables from 2018 to 2020 whiles it has only been able to achieve 0.5% penetration rate since 2006. Legal and regulatory issues such as lack of legislative instruments by regulatory agencies incumbent upon achieving the renewable energy policy target, lack of independence of institution structure and the lack of regulatory assessment are some of the key reasons behind this argument. The implication of these issues is that, investors lose confidence in the government's ability to maintain and achieve both current and future renewable energy policy goals. Investors become uncertain and this leads to underinvestment in renewable projects and subsequently, failure in achieving renewable energy targets.
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