Deployment Policies

The deployment of renewable energy is driven by several factors including policies and measures that support the participation of private developers in the development of the sector.

Until a decade ago, feed-in tariffs/premiums and quotas (including Renewable Portfolio Standards (RPS) or Renewable Purchase Obligation (RPO)) were the most widely adopted instruments. However, the rate of adoption of auctions has increased in the last decade, reflecting the developments in the sector such as the falling costs of technology. The choice of adopting one policy instrument over another pertains to its strengths and weaknesses in a given context, taking into account the specific country conditions, the state of the energy market, the technology being deployed, and the specific objectives to achieve.