Effective Frameworks for Renewable Energy Deployment: A Regional Overview Oman Energy & Water Conference May 19, 2015

2 About RCREEE  Independent regional inter-governmental organization  In operation since 2008  Headquartered in Cairo, Egypt

3 Our Member States  16 member states  BoT members from every state  National focal point in every state

4 Awareness of Stakeholders National Policies & Regulations Our Results Framework A Significant Share of Renewable Resources and a Highly Efficient Use of Energy Public & Private Investments Institutional Capacities & Technical Standards Facts & Figures InstitutionsPeoplePoliciesFinance

5 t Renewable Energy

6 Energy Prices: Electricity Residential

7 Energy Prices: Electricity Industrial

8 Energy Prices: Diesel (USD/litre)

9 Energy Subsidy Reforms 2014

10 Renewable Energy Targets

11 Renewable Energy Installed Capacity, 2014

12 Supporting Policies for Large-scale Projects 1. IPP Public Competitive Bidding: Wind Target: 1,000 MW Wind Tendered: 1,000 MW Solar Target: 1,000 MW Solar Tendered: 510 MW 2. Law 13-09: Third-Party Supply 1. IPP Public Competitive Bidding: Wind Target: 1,000 MW Wind Tendered: 1,000 MW Solar Target: 1,000 MW Solar Tendered: 510 MW 2. Law 13-09: Third-Party Supply Feed-in Tariffs IPP Public Competitive Bidding Direct Proposal Submission: Round 1: 13 PPAs concluded at $0.17 per kWh for 210MW aggregate PV capacity Round 2: 34 proposal received (50MW each), totaling 1700 MW. Only 4 proposals will be selected (200 MW) Direct Proposal Submission: Round 1: 13 PPAs concluded at $0.17 per kWh for 210MW aggregate PV capacity Round 2: 34 proposal received (50MW each), totaling 1700 MW. Only 4 proposals will be selected (200 MW) 1. Feed-in Tariffs 2. IPP Public Competitive Bidding: Wind target: 2,500 MW Tendered: 250 MW 1. Feed-in Tariffs 2. IPP Public Competitive Bidding: Wind target: 2,500 MW Tendered: 250 MW

13 RE Supporting Policies At least 5 countries IPP Public Competitive Bidding 2 countries Direct Proposal Submission 3 countries Feed-in Tariffs 4 countries Net Metering More than 15 countries EPC Contracting

14 Supporting Policies for Small-scale Projects Net-metering and high retail electricity prices PV installation for self- consumption already at grid parity, today more than 15 MW have been installed Net-metering and high retail electricity prices PV installation for self- consumption already at grid parity, today more than 15 MW have been installed Net-metering combined with grant and bank loan 15 MW of PV installed Net-metering combined with grant and bank loan 15 MW of PV installed National Energy Efficiency and Renewable Energy Action (NEEREA) offers low-interest loans as low as 0.6% with a repayment period of as long as 14 years for decentralized PV systems National Energy Efficiency and Renewable Energy Action (NEEREA) offers low-interest loans as low as 0.6% with a repayment period of as long as 14 years for decentralized PV systems

15 Trends in Developers Market Egypt Diverse pool: foreign & local investors Jordan Diverse pool: foreign & local investors Morocco Algeria Mostly Algerian investors (SKTM) Diversity of Developers’ Pool RE market is dominated by few big investors

16 Trends in Developers’ Market

17 Energy Markets and Pricing

18 Policy Framework & Institutional Capacity

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