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Faster than you think: Renewable energy and developing countries

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Title Faster than you think: Renewable energy and developing countries
 
Creator Arndt, Channing
Arent, Doug
Hartley, Faaiqa
Merven, Bruno
Mondal, Md. Hossain Alam
 
Subject development
variable renewable energy
energy planning
 
Description Since 2007, large and unexpected declines in generation costs for renewable energy systems, particularly solar but also wind, combined with policy measures designed to limit greenhouse gas emissions, have created a paradigm shift in energy systems. Variable renewable energy now dominates total investment in electricity power generation systems. This dominance of variable renewable energy in investment has thrust the systems integration task of matching electricity supply with demand to center stage, presenting new challenges for energy policy and planning as well as for the institutional organization of power systems. Despite these challenges, there is ample reason to believe that variable renewables will attain very high levels of penetration into energy systems, particularly in regions well endowed with solar and wind potential. Similar to their success with mobile phone telephony, many developing countries have a significant opportunity to leapfrog directly to more advanced energy technologies that are low cost, reliable, environmentally more benign, and well suited to serving dispersed rural populations.
 
Date 2019-10-05
2021-01-07T05:52:39Z
2021-01-07T05:52:39Z
 
Type Journal Article
 
Identifier Arndt, Channing; Arent, Doug; Hartley, Faaiqa; Merven, Bruno; Mondal, Md. Hossain Alam. 2019. Faster than you think: Renewable energy and developing countries. Annual Review of Resource Economics. Annual Review of Resource Economics 11(October 2019). https://doi.org/10.1146/annurev-resource-100518-093759
1941-1340
1941-1359
https://hdl.handle.net/10568/110736
https://www.annualreviews.org/doi/10.1146/annurev-resource-100518-093759
https://doi.org/10.1146/annurev-resource-100518-093759
Variability, Risks and Competing Uses
 
Language en
 
Rights CC-BY-4.0
Open Access
 
Format p. 149-168
 
Publisher Annual Reviews
 
Source Annual Review of Resource Economics