Kulichenko, NataliyaWirth, Jens2017-06-212017-06-212011-06https://hdl.handle.net/10986/27314Concentrating solar thermal (CST) technologies have a clear potential for scaling up renewable energy at the utility level, thereby diversifying the generation portfolio mix, powering development, and mitigating climate change. A recent surge in demand for solar thermal power generation projects in several World Bank Group (WBG) partner countries shows that CST could indeed become an important renewable energy technology that would be able to provide an alternative to conventional thermal power generation based on the central utility model. At present, different CST technologies have reached varying degrees of commercial availability. This emerging nature of CST means that there are market and technical impediments to accelerating its acceptance, including cost competitiveness, an understanding of technology capability and limitations, intermittency, and benefits of electricity storage. Many developed and some developing countries are currently working to address these barriers in order to scale up CST-based power generation. Given the considerable growth of CST development in several WBG partner countries, there is a need to assess the recent experience of developed countries in designing and implementing regulatory frameworks and draw lesson that could facilitate the deployment of CST technologies in developing countries. Merely replicating developed countries' schemes in the context of a developing country may not generate the desired outcomes.en-USCC BY 3.0 IGOACCESS TO INFORMATIONACTION PLANAPPROACHAUCTION MECHANISMAUCTION MECHANISMSAVAILABILITYBACK-UPBALANCEBALANCE SHEETBIDBIDSBIOMASSBOILERBONDBONDSBUSINESS MODELSBUYERBUYERSCAPABILITIESCAPABILITYCAPACITY FACTORCAPACITY FACTORSCAPITAL EXPENDITURECAPITAL EXPENDITURESCAPITAL INVESTMENTCARBONCARBON EMISSIONSCARBON VALUESCASH FLOWSCERTIFICATECLEAN ENERGYCLEAN TECHNOLOGYCLIMATECLIMATE CHANGECOCO2COMMERCIAL BANKSCOMMODITYCOMMODITY PRICESCOMPETITIVENESSCOMPLIANCE COSTCONSUMER PRICE INDEXCONSUMER PROTECTIONCOPYRIGHTCOST OF ELECTRICITYCREDIT STRENGTHCYCLE SYSTEMDEBTDEBT SERVICEDESERTSDEVELOPING COUNTRIESDEVELOPING COUNTRYDEVELOPMENT BANKDIESELDIFFUSIONECONOMIC DEVELOPMENTELECTRICITYELECTRICITY CONSUMPTIONELECTRICITY GENERATIONELECTRICITY PRICESELECTRICITY PRODUCTIONELECTRICITY SUPPLYELECTRICITY TARIFFELECTRICITY TARIFFSEMERGING MARKETEMERGING MARKETSEMISSIONEMISSION PERMITSEMPLOYMENTENABLING ENVIRONMENTENERGY EFFICIENCYENERGY MARKETSENERGY POLICIESENERGY SOURCESEXPENDITUREEXPENDITURESEXTERNAL CONSULTANTSFINANCIAL INSTRUMENTFINANCIAL RISKFINANCIAL STABILITYFINANCIAL SUPPORTFINANCIAL SUSTAINABILITYFINANCIAL TERMSFOSSILFOSSIL FUELFOSSIL FUEL CONSUMPTIONFOSSIL FUEL IMPORTSFUELSFUND MANAGEMENTGASGAS TURBINEGENERATIONGENERATION CAPACITYGHGGLOBAL ENVIRONMENT FACILITYGLOBAL KNOWLEDGEGOVERNMENT POLICYGROSS DOMESTIC PRODUCTHEATHEAT TRANSFERHOME MARKETIMPACT ASSESSMENTINDUSTRIAL DEVELOPMENTINFLATIONINFRASTRUCTURE INVESTMENTINSTITUTIONAL CAPACITYINSTRUMENTINTERNATIONAL BANKINTERNATIONAL FINANCEINVESTMENT BANKINVESTMENT FUNDSINVESTMENT LOANSINVESTMENT PROJECTSINVESTMENT REQUIREMENTSIRRADIATIONJOINT VENTURESKILOWATT-HOURLOAD FACTORLOANLOAN GUARANTEELOAN GUARANTEESLOCAL CAPACITIESLOCAL CAPACITYLOCAL MARKETSLONG-TERM INVESTMENTMANUFACTURINGMANUFACTURING INDUSTRYMARKET CONDITIONSMARKET IMPEDIMENTSMARKET MECHANISMMARKET PRICEMARKET PRICESMARKET SIZEMATURITYNATURAL GASOPPORTUNITY COSTPHOTOPHOTOVOLTAIC POWERPHOTOVOLTAICSPHYSICAL ASSETPIPELINEPOLICY FRAMEWORKPOLLUTANTSPORTFOLIOPOWER BLOCKPOWER CAPACITYPOWER CONVERSIONPOWER CORPORATIONPOWER GENERATORSPOWER PLANTPOWER PLANTSPOWER PRODUCERPOWER PRODUCERSPOWER PURCHASE AGREEMENTSPREMIUM PAYMENTPRICE DISCOVERYPRICE OF ELECTRICITYPRIVATE PARTNERSHIPPRIVATE SECTORPRIVATE SECTOR INVESTMENTSPROCUREMENTPRODUCT INNOVATIONPUBLIC UTILITIESR&DRATE OF RETURNREGULATORY FRAMEWORKREGULATORY FRAMEWORKSRENEWABLE ENERGIESRENEWABLE ENERGYRENEWABLE ENERGY FUNDRENEWABLE ENERGY GENERATORSRENEWABLE ENERGY PRODUCERSRENEWABLE ENERGY PROJECTSRENEWABLE ENERGY SOURCESRENEWABLE ENERGY SYSTEMSRENEWABLE ENERGY TECHNOLOGIESRENEWABLE ENERGY TECHNOLOGYRENEWABLE PORTFOLIO STANDARDRENEWABLE PORTFOLIO STANDARDSRENEWABLE POWERRENEWABLE SOURCERENEWABLE SOURCESRENEWABLE TECHNOLOGIESREPAYMENTRESERVERESULTRESULTSRETURNSREVERSE AUCTIONRISK CAPITALRISK PROFILERURAL ENERGYSENSITIVITY ANALYSESSENSITIVITY ANALYSISSOLAR ENERGYSOLAR POWERSOLAR PROJECTSSOLAR RADIATIONSOLAR RESOURCESOLAR THERMALSOVEREIGN GUARANTEESSTEAM GENERATIONSTEAM TURBINESUPPLY CHAINSUSTAINABLE ENERGYTARGETSTARIFF LEVELSTAXTAX CREDITTAX CREDITSTAX EXEMPTIONTAX INCENTIVESTECHNICAL ASSISTANCETECHNOLOGY DEVELOPMENTTHERMAL PERFORMANCETHERMAL POWERTHERMAL POWER GENERATIONTHERMAL TECHNOLOGIESTRADABLE EMISSIONTRADINGTRANSACTIONTRANSACTION COSTSTRANSPARENCYTRUST FUNDUTILITIESUTILITY MODELVALUE CHAINWHOLESALE PRICEWINDWIND POWERWIND PROJECTSWorking PaperWorld Bank10.1596/27314