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The roles and potentials of renewable energy in less-developed economies

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  • Nepal, Rabindra

Abstract

Increasing the renewable energy share in national energy mix remains one of the major energy policy goals across many economies. This paper assesses the roles and potentials of renewable energy sources in less-developed economies while citing Nepal as an example. Renewable energy has a significant role to play in the electrification of rural areas in developing economies and contribute towards sustainable development. Realizing full potentials of renewable, however, requires addressing both the associated demand-side and supply–side constraints. Innovative subsidies and tax incentives, adequate entrepreneurial support, strengthening institutional arrangement and promoting local community-based organizations such as the cooperatives are the necessary factors in promoting the green technologies in countries like Nepal. International factors such as large scale investment and adequate technology transfer are equally crucial to create a rapid spread and increase affordability of decentralised renewable energy technologies in less-developed economies.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 31878.

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Date of creation: 28 Jun 2011
Date of revision: 29 Jun 2011
Handle: RePEc:pra:mprapa:31878

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Keywords: renewable; electrification; research and development;

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  1. Haanyika, Charles Moonga, 2006. "Rural electrification policy and institutional linkages," Energy Policy, Elsevier, vol. 34(17), pages 2977-2993, November.
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  10. Kamal Raj Dhungel, 2008. "A causal relationship between energy consumption and economic growth in Nepal," Asia-Pacific Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 15(1), pages 137-150, June.
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