Pathways to a more sustainable electricity sector in India

AbstractBoth supply- and demand-oriented solutions are important in cleaning up the electricity sector. However, their successful deployment calls for the removal of various barriers. This paper looks at China's electricity industry, one of the world's largest emitters of greenhouse gases, by relating the regulatory framework to the environmental dimension of sustainable electricity development. It develops an analytical framework by drawing upon the literature on the deployment of supply- and demand-side solutions, regulatory governance, and environmental policy integration. The paper finds that, in China's electricity sector, environmental considerations are subordinate to economic and development goals in policymaking and enforcement. Under the current regulatory framework, regulatory policies/instruments are not conducive to removing barriers to the effective deployment of the solutions.

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Towards A Sustainable Electricity Sector for Israel

Accelerating Climate Action in Israel ◽

10.1787/5d17bb43-en ◽

2020 ◽

Author(s):

Keyword(s):

Electricity Sector ◽

Sustainable Electricity

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Developing the future electricity grid

Europhysics news ◽

10.1051/epn/2021505 ◽

2021 ◽

Vol 52 (5) ◽

pp. 32-35

Author(s):

Miro Zeman

Keyword(s):

Complex System ◽

Wind Energy ◽

High Voltage ◽

Distribution Network ◽

Electricity Sector ◽

Large Power ◽

Electricity Grid ◽

Power Stations ◽

The Future ◽

Sustainable Electricity

We are used to the continuous supply of electricity from a socket. Behind the socket lies a complex system of large power stations, high-voltage cables, transformers and a distribution network. Little has changed in the system over the last fifty years. The ambition to generate sustainable electricity from variable solar and wind energy has an immense impact on the electricity sector and requires major changes in our electricity grid and its operation.

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Achievements of the European Union Countries in Seeking a Sustainable Electricity Sector

Energies ◽

10.3390/en12122254 ◽

2019 ◽

Vol 12 (12) ◽

pp. 2254 ◽

Cited By ~ 4

Author(s):

Indre Siksnelyte ◽

Edmundas Kazimieras Zavadskas

Keyword(s):

European Union ◽

Energy Efficiency ◽

Sustainability Assessment ◽

Renewable Energy Sources ◽

Electricity Sector ◽

Energy Sources ◽

The European Union ◽

Eu Countries ◽

Sustainable Electricity ◽

The Eu

The electricity production sector has a significant share of final energy consumption and has a huge potential to use more renewable energy sources. Over the last two decades, the European Union (EU) reform of electricity markets has had positive results, and market liberalization acts as a stimulus for energy efficiency, lower prices, and technological progress. Today’s EU policy for the development of electricity and the entire energy sector seeks to provide system modernization, stability, reinforcement of the single market, and implementation of climate change policy with an emphasis on the decarbonization of energy sources and the increase of energy efficiency. After all of the EU efforts to form an electricity sector in member states, it is necessary to assess the efficiency of the policy implemented and to identify the results achieved in shaping a sustainable electricity sector. The purpose of this article is to carry out a sustainability assessment of the electricity sector in the EU countries. A set of eight indicators designed to assess the sustainability of the electricity sector of different EU countries in 2017 has been drawn up. The assessment is made using the multi-criteria decision-making method (MCDM) Technique for Order Preference (TOPSIS). The assessment shows that the electricity market of Slovenia is the most sustainable, with Luxembourg in the second position in the EU.

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Towards a Blockchain Special Purpose Vehicle for Financing Independent Renewable Electricity Projects in Sub-Saharan Africa

10.36227/techrxiv.12659909.v1 ◽

2020 ◽

Author(s):

Olakunle Alao ◽

Paul Cuffe

Keyword(s):

Interest Rates ◽

Electricity Sector ◽

Sub Saharan Africa ◽

Renewable Electricity ◽

Special Purpose Vehicle ◽

Revenue Collection ◽

Main Challenge ◽

Debt Finance ◽

Sub Saharan ◽

Sustainable Electricity

Sub-Saharan Africa requires affordable, reliable, and sustainable electricity to boost its economic, social, and human development. The main challenge posed to the region's electricity sector is the large investment gap needed to finance new power projects. The employment of new and innovative financing options is required to bridge this investment gap. Independent power projects have become one of the fastest-growing sources of new finance in the region. However, their development is constrained by the limited availability of debt finance for project implementation. The limited capital and bureaucratic burden of traditional financial institutions coupled with the high risks in the region ensures that the debt finance required by independent power projects is raised only after an arduous voyage and at high interest rates. We address these challenges by proposing a novel decentralized finance instrument, a blockchain special purpose vehicle that streamlines the processes in the financial layer of a traditional special purpose vehicle -- finance mobilization, revenue collection, and revenue disbursal. Specifically, the proposed decentralized finance instrument facilitates the mobilization of finance for the special purpose vehicle from a location-independent crowd, revenue collection from the electricity offtaker in a risk-mitigated manner, and disbursal of eventual project revenues to investors.

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Solar energy as a potential contributor to help bridge the gap between electricity supply and growing demand in Iraq: A review

International Journal of Advances in Applied Sciences ◽

10.11591/ijaas.v9.i4.pp302-312 ◽

2020 ◽

Vol 9 (4) ◽

pp. 302

Author(s):

Sulala Al-Hamadani

Keyword(s):

Renewable Energy ◽

Solar Energy ◽

Renewable Energy Sources ◽

Electricity Sector ◽

Electricity Supply ◽

Renewable Energy Resources ◽

Potential Contributor ◽

To Come ◽

Sustainable Electricity ◽

Key Industries

<p><span>The pivotal role of electricity is as an enabler for every other sector in any economy. Adequate electricity supply is a vital input for the economic growth and in a range of key industries. Unfortunately, the electricity sector in Iraq has been an unsustainable fiscal burden on successive Iraqi governments yet it has not been able to meet the growing demand. Iraq’s electricity sector and government’s decision makers should look for a long-term solutions and strategies to meet the current and future demand, by taking important steps towards fostering a reliable, affordable, and sustainable electricity system in the years and decades to come. Also, Iraqi government and ministry of electricity in particular should understand that electricity is basic service and right of Iraqis, and many nations have overcome this kind of problem decades ago. Overcoming this problem will help refueling Iraqi economy and enable it to stand on its feet again. Renewable energy resources, and solar in particular could be part of the solution. This paper aims to highlight the importance of solar energy in Iraq as a potential contributor to help bridge the gap between electricity supply and growing demand. Also, it discusses the solar energy opportunities with challenges facing other renewable energy sources in Iraq.</span></p>

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Towards a Blockchain Special Purpose Vehicle for Financing Independent Renewable Electricity Projects in Sub-Saharan Africa

10.36227/techrxiv.12659909 ◽

2020 ◽

Author(s):

Olakunle Alao ◽

Paul Cuffe

Keyword(s):

Interest Rates ◽

Electricity Sector ◽

Sub Saharan Africa ◽

Renewable Electricity ◽

Special Purpose Vehicle ◽

Revenue Collection ◽

Main Challenge ◽

Debt Finance ◽

Sub Saharan ◽

Sustainable Electricity

Sub-Saharan Africa requires affordable, reliable, and sustainable electricity to boost its economic, social, and human development. The main challenge posed to the region's electricity sector is the large investment gap needed to finance new power projects. The employment of new and innovative financing options is required to bridge this investment gap. Independent power projects have become one of the fastest-growing sources of new finance in the region. However, their development is constrained by the limited availability of debt finance for project implementation. The limited capital and bureaucratic burden of traditional financial institutions coupled with the high risks in the region ensures that the debt finance required by independent power projects is raised only after an arduous voyage and at high interest rates. We address these challenges by proposing a novel decentralized finance instrument, a blockchain special purpose vehicle that streamlines the processes in the financial layer of a traditional special purpose vehicle -- finance mobilization, revenue collection, and revenue disbursal. Specifically, the proposed decentralized finance instrument facilitates the mobilization of finance for the special purpose vehicle from a location-independent crowd, revenue collection from the electricity offtaker in a risk-mitigated manner, and disbursal of eventual project revenues to investors.

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Exogenous Promotion of Sustainable Electricity Policies in India: Opportunities and Challenges

Energy & Environment ◽

10.1260/095830507781076257 ◽

2007 ◽

Vol 18 (3-4) ◽

pp. 403-420 ◽

Cited By ~ 2

Author(s):

Joyeeta Gupta ◽

Harro van Asselt ◽

Onno Kuik ◽

Chris Evans

Keyword(s):

Research Programme ◽

Electricity Sector ◽

It Use ◽

Indian Government ◽

Cultural Preferences ◽

International Commitments ◽

Substantial Investment ◽

Health Related ◽

Change Mechanisms ◽

Sustainable Electricity

The Indian government needs to increase the access to electricity of a growing population and economy taking into account major environmental and health related challenges, rapidly changing technologies, social and cultural preferences and international commitments. Such an increased access calls for substantial investment, and hence India has been gradually liberalising the electricity sector since 1991. This paper addresses the question: What are the opportunities for accessing the foreign funding available to India and how can it use this funding to modernise its electricity sector in a sustainable manner? Based on a two year research programme, this paper examines the international institutional context and draws conclusions regarding the different mechanisms for India and the strengths, weaknesses, opportunities and threats facing India. It argues that since foreign funding is flowing into the country with enhanced liberalisation, the climate change mechanisms should be used to steer electricity generation in a sustainable direction, and aid funds should be used to focus on access for the rural poor to energy.

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