International Markets & Policy on Renewable Energy

1,116 views
1,044 views

Published on

Peter Richards spoke at RE-Tech 2009 about International Markets and Policies in the field of Renewable Energy.

Published in: Technology, Business
0 Comments
3 Likes
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
1,116
On SlideShare
0
From Embeds
0
Number of Embeds
25
Actions
Shares
0
Downloads
142
Comments
0
Likes
3
Embeds 0
No embeds

No notes for slide

International Markets & Policy on Renewable Energy

  1. 1. International Markets & Policy Peter Richards RETECH, Las Vegas February 26, 2009
  2. 2. REEEP Vision and Focus REEEP acts as a market facilitator by reducing market barriers for renewables and energy efficiency systems, with particular focus on emerging markets and developing countries REEEP accelerates market development by addressing: policy/regulation development and improvement finance and business models REEEP is driven by a bottom-up approach to meet the real needs on the ground REEEP works with governments as well as with the private sector REEEP is committed to the achievement of MDGs and aims to improve access to sustainable clean energy for the poor 2
  3. 3. Well established regional and global network that is growing continuously 270 partners including: 42 governments all G7 countries 3 “plus 5”countries (Brazil, SA, Mexico) states and key agencies from China and India (NDRC, IREDA) development banks and international organisations 3000 friends of REEEP Currently funded by 11 governments Austria, Australia, Canada, Germany, Ireland, Italy, the Netherlands, New Zealand, Norway, US, and UK (REEEP’s major donor) 3
  4. 4. Indian States are Powerful Catalysts 10 of India’s 24 States have RE targets Rajasthan government announced $1.6B of RE projects: 1,600MW of wind development awarded to Suzlon (worth $1B) $218M turbine order given to Enercon (German turbines) Hyrana government announced 10% target: $777M of RE projects (250MW biomass, 440MW wind and 5MW small hydro) Gujarat announced policy to target 500MW for the state: Astonfield awarded 200MW solar project (worth $800M) Refex Energy 50MW solar project (w/IBC Solar from Germany) The Feed-in-Tariff will be US$ 0.27/kWh for a period of 12 years 4
  5. 5. Mexico New law stimulates private sector investment Article 27 of Mexican Constitution precluded the private sector from investing into electricity generation. In November 2008, new law is enacted “Ley para el Aprovechamiento de Energías Renovables y el Financiamiento de la Transición Energética” allowing production of renewable energy for private sector use. In January 2009, 37MW of 250MW wind farm in Oaxaca commenced operations. Project will provide 25% of Cemex’s energy needs. Developed by Spanish company Acciona. 5
  6. 6. Morocco 2007 - First Arab country to adopt RE Law Follows German fixed feed-in tariff model Raises target from 2% to 10% RE by 2012 2008 - Country announces $3.2B RE investment plan Five year plan 2009-2014 by National Electricity Office Office National De L‘Electricite (ONE) June 2008 - ONE provides 20 year fixed tariff for 300MW wind farm project and awards contract to Theolia (France) and Abu Dhabi National Energy Company (Taqa) 6
  7. 7. South Africa 2003 National RE Target of 10,000 GWh (White Paper) Did not move industry as electricity prices too low 2008 RE Feed-in Tariff (REFIT) until 2022 (15 years) Consultation process concluded January 15, 2009 Pricing still seen as “inadequate” to stimulate private sector investment Tariff excludes Solar PV and Biomass Limit of 7,500 GWh by 2013 No grid connection priority given to RE Note: Eskom is designated purchaser of all renewable energy. 7
  8. 8. Russia June 2008 - Amendment to Federal Law Establishing RE department within Ministry of Energy July 2008 - Presidential Decree State support for RE & EE technologies Target to reduce energy intensity of Russian economy by 40% until 2020 December 2008 - Renewable Energy Targets established 4.5% by 2020 (excluding hydro) 20% by 2020 including large hydro 8
  9. 9. Kazakhstan 2006 – Wind Atlas produced by Ministry of Energy and Natural Resources (together with UNDP) 2007 – Draft Law “On Support for the use of Renewable Energy Resources” presented to Parliament (UNDP & REEEP) 2008 – Idea for RE Certificates was replaced with a requirement for transmission companies to use RE to make up for 50% of losses 2009 – February 26th, Parliament meets to discuss establishing a 5% RE target by 2024 9
  10. 10. China February 2005 – China enacts renewable energy law 2007 - Development Plan for RE, setting national targets for all major RE sectors for 2010 and 2020. Plan to compensate grid companies for the extra cost of purchasing RE via a quota exchange system. Guangdong first province to set fixed feed-in tariff for wind power at CNY 0.68 ($0.095) per kWh. NDRC planning grid-connected utility scale solar PV plants (5MW or larger) in 8 provinces in western China. 10
  11. 11. China’s Wind Industry 1995 to 2007 累计MW 新增MW 年增长率% 7000 140% accumulated Newly inst. Annual growth rate 2007, 126.2% (1997, 115.2%) 6000 120% (2006, 105.6%) 5880 5000 100% (1996, 107.9%) 4000 80% (2005, 65.8%) 3280 Average growth rate 52.2% (1995~2007) 3000 60% 我国1995~2007年平均增长52.2% 2599 (2004, 34.7%) 2000 40% (1998, 31.8%) (2000, 28.4%) 1337 1266 764 1000 20% 567 503 468 268 344 400 91 224 3823 7941 170 197 98 76 68 56 54 44 0 0% 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 我国各年风能累计装机统计 Accumulated wind power capacity (1995~2007) of China 11
  12. 12. Australia • 2007 – • Change of Government • Australia signs Kyoto Protocol • 2008 – • Australia pledges 20% RE by 2020 at WIREC 2008 (election promise) • Garnaut Review (Australia’s Stern Report), COAG review • CPRS announced (5% on 2000 by 2020) 2009 – Insulation and SWH stimulus Solar PV Rebate replaced by REC multiplier 2010 - 20% RET and CPRS begin 12
  13. 13. Solomon Islands – Solar Lantern Microfinance Farmers pay with crops Only have to pay 1/3 downpayment Project works with established local electrical entrepreneurs REEEP worked in partnership with SOPAC 13
  14. 14. Governments Joining REEEP 42 governments are formal partners to the REEEP 11 governments are donors to the REEEP (Australia, Austria, Canada, Germany, Ireland, Italy, New Zealand, Norway, United Kingdom and the United States) Last two governments to join partnership were Finland and Kyrgyzstan Currently REEEP is providing regulatory and policy assistance to the governments of Argentina, Kazakhstan, Mexico and Uganda 14
  15. 15. Contact Us Peter Richards REEEP International Secretariat Vienna International Centre Room D1732 Vienna, Austria peter.richards@reeep.org +43 1 26026 3678 www.reeep.org 15

×