SlideShare a Scribd company logo
Source: Phungmayo Horam, 2014
Institutions
 Formal institutions: Legislative , executive, judiciary
 Informal constraints : Customs, norms , Social interest , Ideology.
Governance structure
(Feed-in -tariff, quota obligation, renewable energy certificate)
Govt.
Developer
Obligated
purchaser
Consumers
Admin.
Contract
Obligatory Purchase
Properties of transaction
Characteristics of actors
External condition
Institutional performance
Institutional performance
Institutional innovation
IATRE framework
(Institutional Analysis of Transaction in Renewable Energy Sector)
1
Private Investment Decision
_______________________
(Sub arena)
Policy design
Policy implementation

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Renewable Energy Transaction Framework

  • 1. Source: Phungmayo Horam, 2014 Institutions  Formal institutions: Legislative , executive, judiciary  Informal constraints : Customs, norms , Social interest , Ideology. Governance structure (Feed-in -tariff, quota obligation, renewable energy certificate) Govt. Developer Obligated purchaser Consumers Admin. Contract Obligatory Purchase Properties of transaction Characteristics of actors External condition Institutional performance Institutional performance Institutional innovation IATRE framework (Institutional Analysis of Transaction in Renewable Energy Sector) 1 Private Investment Decision _______________________ (Sub arena) Policy design Policy implementation