Renewable Energy Markets in Developing Countries


Annual Review of Energy and the Environment
Eric Martinot
Akanksha Chaurey
Debra Lew
Jose Roberto Moreira
Njeri Wamukonya
1 January 2002

This paper provides a global overview of past market experience, existing applications and results of policies and programs for renewable energy. Lessons learned from past experience suggest the need for: transfer of technical know-how; new replicable business models; credit for rural households and entrepreneurs; regulatory frameworks and financing for private power developers; market facilitation organizations; donor assistance aimed at expanding sustainable markets; smarter subsidies; and greater attention to social benefits and income generation.