The Role of Renewable Energy in Scenarios and Implications for Policy Planning
World energy demand is constantly growing. Despite energy efficiency and saving plans, developed countries demand will increase. Developing countries demand will also increase even at a faster pace, driven mainly by China and India. While renewables have an important role to play in meeting the growing energy demand, proper policy and regulation planning are key to investment in renewable energy. Based on case studies, the lecture explores a diversity of policy mechanisms and highlights the importance of having a stable and predictable regulatory framework to attract investors.