RENEWABLE ENERGY
PILLAR FOCUS:
100
80
83
60
Average
52
81
40
59
57
54
20
25
0
Legal framework
for renewable energy
Legal framework for
renewable energy
Private ownership of
Renewable Energy
authorized
Renewable Energy
incentive scheme exists
20
40
60
80
Counterparty risk
Attributes of financial and
regulatory inccntives
Defined market entry
mechanism for
Renewable Energy projects
73%
Counterparty risk
80%
Tariffs indexed to an
international currency
or to inflation
Prioritized grid access
for Renewable Energy
74%
0
Attributes of financial
and regulatory incentives
Incentives and regulatory support
for renewable energy
93%
Primary legislation for
Renewable Energy
Incentives and regulatory support
for renewable energy
66%
73%
Development timelines
or milestones for
Renewable Energy
projects
100
Government provides
fiscal incentives for
Renewable Energy
70%
Priority dispatch for
Renewable Energy
57%
Adjustment mechanism
if guaranteed tariff
44%
44%
29%
Renewable Energy
incentive cost passed
through to final consumer
Compensation to seller
if offtake infrastructure
is not built in time
0
20
43%
Tradeable certificates if
Renewable Energy
mandate exists
23%
40
60
80
100
Operates an incidence
outage system
79%
Reliability monitoring data
reported to regulator
70%
Publicly available electricity
available for sale to end-users
70%
Publicly available
transmission loss rate
70%
Publicly available
distribution loss rate
46%
Tariff differentiation
by project size
Compensate for
curtailment
81%
67%
Public financial statement
for transmission utility
Competitive
bidding provisions
62%
Utility measures reliability
of its service
63%
Public financial statement
for retail sales utility
62%
Public financial statement
for distribution utility
59%
Independent auditing of
transmission utility
59%
Utility reliability monitoring
data is publicly available
57%
Indepenent auditing of
generation utility
57%
Independent auditing of
retail sales utility
55%
Independent auditing of
distribution utility
55%
Publicly available bill
collection rate
15%
0
65%
Public financial statement
for generation utility
48%
Mechanism to back
utility payments
20
40
60
80
100
32%
0
20
40
60
80
100
100
80
60
40
Average
81
52
53
43
20
0
16
Planning for renewable energy expansion
Planning for renewable energy expansion
Offical Renewable
Energy target
Third party access
for consumers
RE action plan/strategy
to meet target
77%
Generation plan includes
Renewable Energy
72%
Transmission planning
considers Renewable
Energy scale-up
Investment required to meet
Renewable Energy
target is defined
47%
Strategic zoning/planning
for at least one Renewable
Energy resource
43%
Variable Renewable Energy
integration study
39%
Probabalistic approach to
generation plan
36%
0
20
40
60
80
100
23%
Carbon pricing
mechanism exists
21%
0
36%
Provisions for plant
forecasting
25%
Power imbalance
penalties
25%
0
66%
Monitoring, reporting and
verification system for
carbon emissions
41%
T&D size and allocation
costs rules
78%
Carbon pricing and monitoring mechanism
51%
Grid code for variable
Renewable Energy
85%
Resource maps for at least
one Renewable
Energy resource
Carbon princing and monitoring mechanism
Network connecton and pricing
94%
Institution tracking
Renewable
Energy exists
Network connection and pricing
20
40
60
80
100
20
40
60
80
100