Deployment Policies

The deployment of renewable energy is driven by several factors including policies and measures that support the participation of private developers in the evolution of the sector.

Until a decade ago, feed-in tariffs/premiums and quotas (including Renewable Portfolio Standards [RPSs] or Renewable Purchase Obligations [RPOs]) were the most widely adopted instruments. However, the adoption of auctions has increased in the past decade, reflecting developments in the sector such as the falling costs of technology. The choice of adopting one policy instrument over another is based on its strengths and weaknesses in each context, taking into account the specific country conditions, the state of the energy market, the technology being deployed, and the specific policy objectives.