Funding Agency: Asian Development Bank
Client: AEPC
Date: Apr 2008 – Nov 2008
The assignment has been conceptualized on the backdrop that Nepal is in pressing need of developing a legislative framework that supports the deployment of sustainable renewable/rural energy projects, attracting private investments in the country. Additionally, with recent changes in the federal structure of the country, the renewable development framework must also be required to be aligned with the laid powers/obligations of the proposed federal structure.
Nepal currently has no capacity for large/utility-scale renewable energy projects. This is due to a lack of a regulatory/tariff framework for renewable generation. Private players are not attracted to the Nepalese market because of a lack of clarity on returns (linked to the tariff). Thus, it is essential that renewable generation tariff norms are designed (to devise a feed-in-tariff) and adhered.
Since a majority of the population doesn’t have access to grid electricity, mini-grids & decentralized applications supplemented by storage are of great importance to the country. Hence, it is important to review the current status of the storage industry and propose recommendations on the adoption of storage technologies in the country through legislation or regulations.
Overall Services provided:
The scope of services will include, but not be limited to, carrying out the following activities:
