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Renewable Energy Markets in Developing Countries

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Eric Martinot, Akanksha Chaurey, Debra Lew, Jose Roberto Moreira, Njeri Wamukonya
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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.