This pair of linked reports explores the scientific, technical economic, and policy opportunities for renewable energy technologies to address Africa’s electricity generation shortfall and tackle the challenge of energy poverty.
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This report provides updates on auctions as a mechanism for price discovery and market development. Chapter 1 gives the highlights of renewable energy auctions held or announced in 2016. Chapter 2 reviews the main trends and analyses the evolution of prices resulting from auctions.
From the executive summary: “This study indicates there are major challenges ahead for Ethiopia to finance its response to climate change. The national Climate Resilient Green Economy strategy has called for annual spending of USD 7.5 billion to respond to climate change.
Renewable energy has become the least-expensive energy choice in many parts of the world, leading to a powerful feedback cycle and growth. This report explores enabling policy environments, market factors, regulatory factors, and contractual factors.
This market report describes how the clean energy transition has come to be driven by emerging markets. This entails significant challenges are large amounts of intermittent energy flood the grid.