Banking on DE: International Financial Institutions and Cogeneration
Article from: OGEL 1 (2005), in Electricity Law and Regulation
Introduction
Decentralized Energy (DE), especially high efficiency cogeneration, holds great potential for advancing the development goals laid down by three major multilateral funding agencies: the World Bank Group (WBG), the Asian Development Bank (ADB), and the Inter-American Development Bank (IADB). Cogeneration is increasingly recognised as a cost-effective option for reducing the costs of energy supply, improving efficiency and cutting emissions. Cogeneration, along with other forms of DE, can reduce the major capital commitment required for network investment in ...