POL­ICY LAND­SCAPE

Power Watch India - - GREEN AHEAD -

At least 138 coun­tries had re­new­able en­ergy tar­gets by the end of 2012. As of early 2013, re­new­able en­ergy sup­port poli­cies were iden­ti­fied in 127 coun­tries, more than two-thirds of which are de­vel­op­ing coun­tries or emerg­ing economies. The rate of adop­tion of new poli­cies and tar­gets has re­mained slow rel­a­tive to the early to mid-2000s. As the sec­tor has ma­tured, re­vi­sions to ex­ist­ing poli­cies have be­come in­creas­ingly com­mon.

In re­sponse to rapidly chang­ing mar­ket con­di­tions for re­new­able tech­nolo­gies, tight na­tional bud­gets, and the broader im­pacts of the global eco­nomic cri­sis in 2012 and early 2013, some coun­tries un­der­took ex­ten­sive re­vi­sions to ex­ist­ing laws, some of which were im­posed retroac­tively. Oth­ers in­creased sup­port for re­new­ables, and sev­eral coun­tries around the world adopted am­bi­tious new tar­gets.

Most poli­cies to sup­port re­new­able en­ergy tar­get the power sec­tor, with feed-in tar­iffs (FITs) and re­new­able port­fo­lio stan­dards (RPSs) used most fre­quently. Dur­ing 2012, FIT poli­cies were en­acted in five coun­tries, all in Africa and the Mid­dle East; the ma­jor­ity of FIT-re­lated changes in­volved re­duced sup­port. New RPS poli­cies were en­acted in two coun­tries. An in­creas­ing num­ber of coun­tries turned to pub­lic com­pet­i­tive bid­ding, or ten­der­ing, to de­ploy re­new­ables. In the heat­ing and cool­ing sec­tor, pro­mo­tion poli­cies and tar­gets con­tin­ued to be en­acted at a slower rate than in the power sec­tor, al­though their adop­tion is in­creas­ing steadily.

De­spite in­creas­ing pres­sure in ma­jor mar­kets such as Europe and the United States, due to grow­ing

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