Rural Electrification: Decentralised aspects
Day: Tuesday, 6th October 2015
Time: 14:30 – 16:00
Room: Ballroom East
As the political, social and business rationale for rural energy access has increased over time various forms of generation have taken hold. Starting out with low capital-cost hydrocarbon based solutions such as diesel gensets, the market has been looking steadily towards renewables such as small hydro, wind, solar PV and more recently biomass as sustainable solutions. Due to relatively high capital investment costs for renewable energy-based solutions tied to perceived risk of the market as an investment opportunity, the market has struggled to develop at scale. Over the last few years stakeholders, both public and private, have worked hard to position “clean” rural electrification as a financially viable alternative for supplying electricity to isolated regions by deploying a broader range of renewable energy technologies to suit local conditions.
However, two challenges remain: Firstly, providing adequate regulatory frameworks governing self-sustainable rural electrification markets in developing countries. Secondly, facilitating the implementation of sufficient market adequate financing schemes from the public sector to further attract private sector investment.
Questions to be addressed by the session
- Having improved all technical aspects relevant to guarantee access to reliable, clean rural electrification and services and having achieved competitive electricity generation costs, what are the lessons learnt and best ways in the future to:
- identify and develop more numerous sites to fill a project pipeline for rural electrification in developing countries?
- assist technology providers and local business partners in establishing partnerships for common benefits?
- form collaborations between international and local finance as well as between public and private investors?
- launch new or increase existing financing facilities, so as to increase the number of projects that can be implemented (stressing the importance of ‘good’ projects that can e.g. be replicated and scaled up)?
- attract more funding to meet the needs of energy poor communities in developing countries?
- What finance schemes exist for supporting high capital costs of higher cost renewable energy projects versus grid power?
- What, typically are the major barriers facing project developers when it comes to raising capital to deploy RE rural electrification projects?
- What specific aspects of rural electrification projects make modelling the business challenging?
- What countries are perceived to be thought-leaders when it comes to rural electrification policy based on renewable energy?
- Mr. Ernesto Macias, President, Alliance for Rural Electrification, Belgium
- Ms. Ina de Visser, Renewable Energy Cooperation Programme, Africa – EU Energy Partnership
- Mr. Wolsey Barnard, Acting Director General, Department of Energy, South Africa
- Mr. Fuad Siala, Consultant, Corporate Planning and Economic Services Unit, OPEC Fund for International Development (OFID)
- Mr. Ibrahim Togola, Director, Mali Folkecenter, Mali
Closing remarks: Hon. Ms. Kornelia Shilunga, Deputy Minister of Mines and Energy, Namibia