Renewable electrification pathways and sustainable industrialisation

Abstract

What economic opportunities are involved in the process of renewable electrification in developing economies? This is a central question running through this book. Achieving these opportunities requires appropriate policy. Therefore, in this last chapter, we examine the evidence collected throughout the book and discuss the policy implications. We are particularly focused on the co-benefits that are attained from renewable electrification efforts in developing economies. Specifically, how these can be used to build long term learning and capabilities that have broader relevance for the economy than simply through the provision of green electricity. We start by setting out the motivation, framing and key research themes addressed in this book. We then present the findings regarding when and how renewable electrification can enhance local sustainable development outcomes. Our key argument is that it matters how green economic activities are organised. We, therefore, bring out the evidence from the various chapter of the book concerning the three key themes of the book, (a) projects design, organisation, and linkages, (b) deployment model and choice of technology, and (c) policies and political actors at the national and international level. We conclude the chapter by bringing out the implications, providing key pointers for policy action.