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Will new PV manufacturing policies in the United States, India and the European Union create global PV supply diversification?
…However, the one-time subsidy means that manufacturing efficiencies will need to be achieved through economies of scale to maintain long-term competitiveness. Meanwhile, fully monetising manufacturing tax credits in the United States could bring all the country’s segments of solar PV manufacturing to cost parity with the lowest-cost manufacturers. Favourable solar PV manufacturing policies in India and the United States have spurred multiple new project announcements. In the first phase of India’s PLI programme, almost 9 GW of integrated manufacturing capacity were contracted, and in the second phase the government is expecting to subsidise another 65 GW…
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Clean Energy Transitions Programme 2021
Annual report 2021 The Clean Energy Transitions Programme (CETP) has enabled the International Energy Agency (IEA) to significantly expand and deepen its global engagement and to support emerging economies’ transition to clean, resilient, sustainable energy systems. In 2021 the CETP marked its fourth full year since its launch at the 2017 IEA Ministerial Meeting, and the programme has steadily grown in size and impact.The CETP Annual Report 2021 aims to provide all CETP donors and partners with insights on the programme’s accomplishments, outputs and efforts across all areas of work. The report highlights activities and achievements for each…
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Advancing Decarbonisation through Clean Electricity Procurement
The number of corporations announcing clean electricity pledges has increased substantially in recent years, with many companies setting specific goals to meet some or all of their electricity demand with clean supply. These goals can support new capacity in clean generation, helping to boost overall shares in power systems. Increasingly, clean electricity goals can be specified in different ways; this can have implications for the clean technologies procured, the amount and location of procurement, and the resulting emissions reduction. In some regions, corporates have a range of options to choose from when purchasing clean electricity; in other regions, legal and…
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Methodology to Assess the System Value of Different Corporate Procurement Strategies in Developing Economies
…between this cost and value is accounted accurately. On both the supply and demand side, network use of service charges need to enable efficient integration of new resources. Key recommendations for policy makers to support efficient corporate procurement are:Put in place streamlined and effective processes for corporate entities wanting to procure clean energy to obtain access to the grid for new generators and meet other requirements – this remains the highest priority as barriers are significant in many regions.Any banking and wheeling arrangements with longer periods for energy balancing (e.g. monthly, annual) should explicitly recognise any costs borne…