eC2: Developing a Pay-as-you-Go Solar Policy and Regulatory Handbook for Governments (Phase 1 of 3)

Deadline: 09-Sep-2019 at 11:59:59 PM (Eastern Time – Washington D.C.)energy

As a business model which provides electricity and financing leveraging mobile technology, PAYG is affected by regulations in the electricity, finance, import, data protection, and telecom sectors. Existing policy frameworks have yet to be designed to take PAYG business models into account because evolution has outpaced regulation. Governments are only beginning to understand the sector and its potential. Limited government awareness of and support for PAYG means there is a risk of new regulation or interpretation of existing regulation that handicap the PAYG market. On the other hand, an enhanced regulatory environment could help to accelerate sector growth by de-risking investment and encouraging additional commercial financing. The overall objective of the project is to create a government guidance toolkit, which helps countries to develop an enabling policy and regulatory framework for the PAYG sector. The phase 1 objective is to develop an initial toolkit.

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Mini Grids for Half a Billion People: Market Outlook and Handbook for Decision Makers

STORY HIGHLIGHTS MIniGrids_WebBanner.jpg

  • Mini grids have the potential to provide electricity to as many as 500 million people by 2030, with the right policies and about $220 billion of investment to build around 210,000 mini grids.
  • Over the past decade, mini grid costs have declined significantly, while the quality of service has increased. The per kWh cost of mini grid electricity is expected to decrease by two thirds by 2030.
  • Significantly more mini grids will need to be deployed in the top 20 electricity access deficit countries – from 10-50 mini grids currently deployed each year per country to over 1,600.