ABSTRACT

Decentralized energy* (DE) is showing ever-increasing promise as a cost-effective method of electricity supply, resulting in signiŽcant environmental beneŽts. Though every sector of the DE industry is showing impressive growth, the total share of DE in overall global electricity capacity remains at only about 7.2%.1 Lack of clear policy in the energy sector is one of the main barriers preventing greater investment in DE. It is clear that adopting policies that ensure an independent regulator combined with open

CONTENTS

11.1 Introduction ...................................................................................................................... 145 11.2Canada ............................................................................................................................... 148 11.3Mexico ................................................................................................................................ 150 11.4United States ..................................................................................................................... 152 11.5Argentina ........................................................................................................................... 156 11.6Brazil .................................................................................................................................. 158 11.7Chile ................................................................................................................................... 160 11.8Czech Republic ................................................................................................................. 163 11.9Denmark ............................................................................................................................ 165 11.10Germany ............................................................................................................................ 167 11.11Hungary ............................................................................................................................. 170 11.12Portugal.............................................................................................................................. 172 11.13United Kingdom ............................................................................................................... 174 11.14China .................................................................................................................................. 177 11.15India ................................................................................................................................... 180 11.16Japan ................................................................................................................................... 182 11.17South Korea ....................................................................................................................... 184 References ..................................................................................................................................... 185

markets that reward investors for noneconomic beneŽts of DE will be key in driving future growth in the sector.2