Renewable power in developing countries: winning the war on global warming

Title:

Personal Author:

Ferrey, Steven

Publication Information:

Tulsa, OK: PennWell Corp., 2006

ISBN:

9781593700508

Subject Term:

Energy policy -- Developing countries

Energy industries -- Developing countries

Electric power production -- Environmental aspects -- Developing countries

Global warming -- Government policy -- Developing countries

Added Author:

Cabraal, Anil

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Library	Item Barcode	Call Number	Material Type	Item Category 1	Status
Searching... IBD Library	30000010042403	HD9502.D44 F47 2006	Open Access Book	Book	Searching... Unknown
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Global warming due to fossil fuel consumption is recognized as the major environmental challenge of the 21st Century. Successfully reversing this global crisis requires that the fastest growing economies of the world - primarily in Asia - significantly and successfully deploy renewable energy sources. This book documents how six developing Asian countries are taking head-on electric power development and global warming issues with successful alternative energy programs. As the world looks to transition into new sources of fuel, this book should be a top-read for utility managers, energy professionals, independent power developers and university professors. It provides a template for nations, policymakers, international investors, and developers to consult to implement renewable energy in the economies where it is most essential. It covers hot-button issues of global warming, renewable energy, and international development in an easy-to-read format. It includes more than 20 comparative tables and a conclusion of the best practices for renewable energy programs. List of acronyms, abbreviations, and definitions used in the text.

Author Notes

Steven Ferrey is a professor of energy and contract law at Suffolk University Law School in Boston

Acknowledgments	p. ix
Introduction	p. xi
What Matters	p. xi
What Follows	p. xiv
Exchange Rates	p. xix
Acronyms, Abbreviations, and Definitions	p. xx
About the Authors	p. xxv
1 Critical Development in Asia	p. 1
The Best of Times, the Worst of Times	p. 1
Infrastructure Lifetimes and Hard Choices	p. 22
2 Renewable Energy as the Global Warming Solution	p. 35
Renewable Energy Options and Alternatives	p. 35
The Renewable Technologies for Developing Nations	p. 37
Comparative Environmental Emissions	p. 46
Decentralization of Electric Generation	p. 54
Distributed Generation Reliability	p. 55
3 Overview: What Works for Renewable Power Implementation in Developing Nations	p. 67
Thailand Program Summary	p. 74
Indonesia Program Summary	p. 76
India Program Summary	p. 78
Sri Lanka Program Summary	p. 80
Vietnam Program Summary	p. 82
4 Thailand: Creative Competitive Markets in the Heart of the Tiger	p. 85
Program Overview	p. 85
Program Design and Implementation	p. 86
Power Purchase Agreements	p. 91
5 Indonesia: Carrots Rather than Clubs-Incentives for Peak Performance	p. 99
Program Overview	p. 99
Program Design and Implementation	p. 100
Power Purchase Agreements	p. 107
6 India: State Power in a Federalist System	p. 119
Program Overview	p. 119
Andhra Pradesh	p. 125
Tamil Nadu	p. 134
7 Sri Lanka: 21st-century Conversion of Ancient Renewable Technologies	p. 145
Program Overview	p. 145
Program Design and Implementation	p. 146
8 Vietnam: Capital Markets and Renewable Energy in a People's Republic	p. 159
Program Overview	p. 159
Supply Resources and Demand	p. 159
Institutional Differences in the Vietnamese System	p. 161
Program Design and Implementation	p. 164
Power Purchase Agreements	p. 175
9 Lessons Learned in Asia for a Successful SPP Program: Template and Techniques	p. 185
Common Threads and Differences	p. 185
Key Issues in Renewable SPP Program Design	p. 187
Recommended Best Practices and Program Template	p. 194
10 Financing the Transition	p. 201
Transitions to Restructured Markets	p. 201
The Magnitude of Required Electric-Sector Investment	p. 202
Funding Sources	p. 205
Electric-Sector Investment Criteria	p. 206
Phases of Financial Risk	p. 208
Types of International Project Risk	p. 210
Shifting and Bearing Risk in the Power Sector	p. 213
Risk Mitigation	p. 215
Government Role and Reform for Small Power Producer Programs	p. 218
Reform of the Existing Legal Framework	p. 221
International Credit Agencies and Their Financing Functions	p. 223
Other International Credit Agencies and Sources	p. 231
Risks of Renewable Energy Development	p. 233
11 Key Provisions in Power Purchase Agreements	p. 247
Overview	p. 247
Contract Formation and Contract Validity	p. 251
Modification of the Contract	p. 257
Dispute Resolution	p. 261
Breach of the Contract	p. 262
Liability	p. 269
Lenders' Rights	p. 270
12 The Law and Principles Governing International Power	p. 275
Securing Power Contract Enforcement	p. 275
Form, Formation, and Modification of Power Sale Contracts	p. 281
Interpretation of the Deal	p. 288
The Obligation to Honor the Power Purchase Agreement	p. 292
Conclusion
13 The Eye of the Needle: International Environmental Assessments and Reviews for Power Projects	p. 311
Types of Projects Covered	p. 314
Project Screening	p. 315
Responsibility for Environmental Assessment Preparation	p. 317
Initiation of the Environmental Assessment Process	p. 319
Project Scoping	p. 320
Type of Impacts Considered in the Review	p. 322
Consideration of Project Alternatives	p. 325
Mitigation Discussion or Adoption of Mitigation	p. 326
Timing of EIA Document Preparation	p. 327
Environmental Assessment Review and Public Participation	p. 329
Final Decisions to Proceed with Energy Projects	p. 330
Postapproval Monitoring and Auditing	p. 331
Conclusion	p. 333
Index	p. 343

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Author Notes

Table of Contents