Identifying Best Practices In Public Private Partnerships In Renewable Energy
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Author | : Ninad Rajpurkar |
Publisher | : |
Total Pages | : 76 |
Release | : 2015 |
Genre | : |
ISBN | : |
Public-Private Partnerships (PPP) have emerged as a means to develop physical and social infrastructure assets in developing countries. PPPs enable governments to attract private sector investment in public infrastructure services, which would supplement public resources or release them for other public needs. They also allow governments to utilize the efficiency and expertise of the private sector in providing public services which have been traditionally delivered by the public sector. There has been an increased focus on developing alternatives to fossil fuels in recent times for sustainable development, which has put the spotlight on renewable energy sources. Renewable energy sources have largely been developed in the advanced economies, with emerging markets lagging behind. A possible reason could be that despite the rapid reduction in the cost of generating renewable energy in the past few years, the cost is still higher compared to the cost of conventional energy sources such as coal and natural gas. Increased private sector participation in the sector through the PPP mode may help to improve technologies and reduce costs in emerging markets, as has been the case in many developed countries. The aim of this thesis is to study some of the successful PPPs implemented in the renewable energy sector in emerging markets and identify best practices that have contributed to the success of these arrangements. These findings can be used as leamings for similar renewable energy programs in developing countries worldwide. Keywords: public-private partnerships, PPP, renewable energy, emerging markets, developing countries, South Africa, India, public policy, REIPPP, Charanka solar park, Gujarat, solar energy, solar parks, rooftop solar.
Author | : Manal Fouad |
Publisher | : International Monetary Fund |
Total Pages | : 61 |
Release | : 2021-05-10 |
Genre | : Business & Economics |
ISBN | : 1513576569 |
Investment in infrastructure can be a driving force of the economic recovery in the aftermath of the COVID-19 pandemic in the context of shrinking fiscal space. Public-private partnerships (PPP) bring a promise of efficiency when carefully designed and managed, to avoid creating unnecessary fiscal risks. But fiscal illusions prevent an understanding the sources of fiscal risks, which arise in all infrastructure projects, and that in PPPs present specific characteristics that need to be addressed. PPP contracts are also affected by implicit fiscal risks when they are poorly designed, particularly when a government signs a PPP contract for a project with no financial sustainability. This paper reviews the advantages and inconveniences of PPPs, discusses the fiscal illusions affecting them, identifies a diversity of fiscal risks, and presents the essentials of PPP fiscal risk management.
Author | : Axel Marx |
Publisher | : MDPI |
Total Pages | : 248 |
Release | : 2019-04-18 |
Genre | : Social Science |
ISBN | : 3038978329 |
Voluntary sustainability standards (VSS) and other private governance instruments (e.g., Fair Trade, Forest Stewardship Council, Fair Wear Foundation, GLOBALGAP) are increasingly regulating global production processes and economic activities. VSS verify the compliance of products or production processes with sustainability standards. The importance of voluntary sustainability standards is now widely recognized. After being operational for more than two decades, they have established themselves as private governance instruments. This recognition is also exemplified by their integration in public regulatory approaches. Governments and international organizations are partnering with voluntary sustainability standards to pursue sustainable development policies. We witness the integration of VSS in the regulatory approaches of local and national governments in countries around the world, the integration of VSS in trade policies, the emergence of public–private initiatives to govern global supply chains, and the inclusion of private initiatives in experimentalist governance regimes. This Special Issue seeks to bring together research on the interface between private and public governance. We welcome contributions which analyze specific case studies on the emergence and development of these private–public interactions, the design of public–private governance, the effectiveness of these governance arrangements, and critical perspectives on the possibilities and limitations of such public–private forms of governance. We welcome multi-disciplinary perspectives including contributions from economics, political science, law, sociology, geography, and anthropology. Papers selected for this Special Issue are subject to a peer review procedure with the aim of rapid and wide dissemination of research results, developments, and applications.
Author | : Carrie A Schmaus |
Publisher | : |
Total Pages | : 30 |
Release | : 2017 |
Genre | : |
ISBN | : |
Public-private partnerships (PPPs) in renewable energy offer an opportunity for the public and private sectors to pool resources and share risks to complete utility-scale projects that would not be feasible otherwise. Though documented in other countries, PPPs are not widely used in the United States to their full potential, as such, research on renewable energy PPPs in the United States is lacking. As attention to PPPs grows with the national interest in renewable energy, determining factors that help predict success of such partnerships—as well as defining what a successful partnership is—becomes important to practitioners in the public and private sectors that are interested in implementing PPPs for future renewable energy projects. Drawing from primary (interviews) and secondary (reports, news articles) sources, this article discusses a comprehensive definition of PPPs in the context of renewable energy, offers a framework for predicting the success of a partnership, and contributes to the evolution of the term “success”.
Author | : Maria Vagliasindi |
Publisher | : World Bank Publications |
Total Pages | : 136 |
Release | : 2013-04-01 |
Genre | : Business & Economics |
ISBN | : 0821397656 |
Public private partnerships (PPPs) could play a big role. This report reviews the evidence to date and considers different help outline the relevance of establishing appropriate legal, regulatory, contractual, and fiscal frameworks; and improving market governance to attract private investment in the power sector.
Author | : Jane Beckett-Camarata |
Publisher | : Emerald Group Publishing |
Total Pages | : 280 |
Release | : 2020-10-20 |
Genre | : Political Science |
ISBN | : 183909656X |
Through the introduction of a new lens through which to view infrastructure finance policy, this book analyses the role of Public Private Partnerships within the context of long-term capital investment and improvement planning, and as a critical aspect of effective long-term capital infrastructure finance policy.
Author | : Bindzi Zogo Emmanuel Cedrick |
Publisher | : |
Total Pages | : 10 |
Release | : 2017 |
Genre | : |
ISBN | : |
Access to energy has increasingly been provided by some governments through new alternative sources of energy known as renewable energy (primarily hydropower, solar, biomass, wind, geothermal). Renewable energy has become a strategic energy source for some countries as it provides clean, reliable, affordable and sustainable energy to millions of people. Negative externalities of fossil fuels together with positive externalities of renewable energy have driven the adoption of renewable energy technologies in some countries. As renewable energy technologies require high up-front investment, private sector capital, technology and innovation have often been claimed through public-private partnerships to supplement limited public sector funding in providing such public services. This paper will first review the externalities that have driven the increase of renewable energy projects. Successful international PPP practices in renewable energy sector will then been analyzed to identify key arrangements that contribute to mitigate the risks attached to a particular renewable energy project.
Author | : |
Publisher | : |
Total Pages | : 300 |
Release | : 2003 |
Genre | : Computer network resources |
ISBN | : |
Author | : United Nations |
Publisher | : |
Total Pages | : 300 |
Release | : 2020-12-28 |
Genre | : Political Science |
ISBN | : 9789211303995 |
The Model Legislative Provisions and the Legislative Guide on Public-Private Partnerships were prepared by the United Nations Commission on International Trade Law (UNCITRAL) and adopted at its fifty-second session (Vienna, 8-19 July 2019). In addition to representatives of member States of the Commission, representatives of many other States and of several international organizations, both intergovernmental and non-governmental, participated actively in the preparatory work. The Model Legislative Provisions translate into legislative language the advice given in the recommendations contained in the Legislative Guide. The Model Legislative Provisions are intended to assist in the establishment of a legislative framework favourable to public-private partnerships (PPPs). The Model Legislative Provisions follow the corresponding notes in the Legislative Guide, which offer an analytical introduction with references to financial, regulatory, legal, policy and other issues raised in the subject area. The user is advised to read the Model Legislative Provisions together with the Legislative Guide, which provide background information to enhance understanding of the legislative recommendations. The Model Legislative Provisions deal with matters that it is important to address in legislation specifically concerned with PPPs. They do not deal with other areas of law that, as discussed in the Legislative Guide, also have an impact on PPPs. Moreover, the successful implementation of PPPs typically requires various measures beyond the establishment of an appropriate legislative framework, such as adequate administrative structures and practices, organizational capability, technical expertise, appropriate human and financial resources and economic stability.
Author | : H. K. Yong |
Publisher | : Commonwealth Secretariat |
Total Pages | : 228 |
Release | : 2010 |
Genre | : Business & Economics |
ISBN | : 9781849290203 |
Public-Private Partnerships Policy and Practice is a comprehensive reference guide on PPP theory and practice for senior policy-makers and other public sector officials in developing countries. The guide focuses on the key lessons learned - and emerging best practice - from successful and failed PPP transactions over the past thirty years. The guide avoids jargon and explains relevant concepts in non-specialist language. Key points are summarised at the beginning of each section and provide an overall high-level outline. References are provided throughout and at the end of each section to allow the reader to access further information on specific issues.