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Filling the gaps: Policy supports and interventions for scaling up renewable energy development in Small Island Developing States

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  • Timilsina, Govinda R.
  • Shah, Kalim U.

Abstract

SIDS have both opportunities and challenges – economic, social and environmental vulnerability – for low carbon development. Economically, they are highly dependent on international trade; they have limited domestic markets, too small to provide significant scale economies; their exports are constraint by their isolation and remote location. We provide an overview of current energy situation in SIDS, their goals to adopt low carbon economic development paths, policies already in place or required to achieve the goals and challenges to implement their plans and strategies. The focus is on energy policy landscape that needs to be addressed in order to scale-up renewable energy technologies needed to stimulate low carbon economic growth. We find that SIDS face four key barriers to renewable energy development: information to improve the energy information network by strengthening existing information systems and building awareness of renewable energy; financing mechanisms for renewable energy projects, including regional loan structures and technical assistance to banks; policy supports to implement regulatory frameworks that enable renewable energy development; and building technical capacity among players in the renewable energy field. We recommend “policy enablers” that underlie what could positively impact on renewable energy goals and more broadly energy efficiency and climate change.

Suggested Citation

  • Timilsina, Govinda R. & Shah, Kalim U., 2016. "Filling the gaps: Policy supports and interventions for scaling up renewable energy development in Small Island Developing States," Energy Policy, Elsevier, vol. 98(C), pages 653-662.
    • Handle: RePEc:eee:enepol:v:98:y:2016:i:c:p:653-662
    DOI: 10.1016/j.enpol.2016.02.028
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    References listed on IDEAS

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    1. Heinrich Blechinger, Philipp Friedrich & Shah, Kalim U., 2011. "A multi-criteria evaluation of policy instruments for climate change mitigation in the power generation sector of Trinidad and Tobago," Energy Policy, Elsevier, vol. 39(10), pages 6331-6343, October.
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    3. World Bank, 2015. "The Little Data Book 2015," World Bank Publications - Books, The World Bank Group, number 21635.
    4. World Bank, 2015. "The Little Green Data Book 2015," World Bank Publications - Books, The World Bank Group, number 22025.
    5. van Alphen, Klaas & Kunz, Huden S. & Hekkert, Marko P., 2008. "Policy measures to promote the widespread utilization of renewable energy technologies for electricity generation in the Maldives," Renewable and Sustainable Energy Reviews, Elsevier, vol. 12(7), pages 1959-1973, September.
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