AN ORGANIZATIONAL FRAMEWORK FOR IMPLEMENTATION OF SUSTAINABLE DEVELOPMENT IN DEVELOPING COUNTRIES THROUGH RENEWABLE ENERGY TECHNOLOGIES

摘要

In developed countries, development of renewable energy technologies (RETs) is viewed both as a process of diversification of energy sources and as a creation of an alternative energy option that will help curb down global climate change and create energy security for the future. In contrast, the developing countries' main objective for adoption of RETs has been to increase energy supply options for rural development. Around the globe, developing countries have reported different cases of successfully implemented renewable energy (RE) projects supported by bilateral or multilateral funding. Subsidy has played a big role in RE marketing in developing countries and whether this will lead to sustainable development is yet to be determined. The adoption of implementation strategies that will support sustainable development and overcoming barriers that hinder diffusion of RETs still remains as a big challenge to stakeholders involved in promotion of RE resources in developing countries. In this respect, developing countries need to re-examine their policy environment for promotion RETs in order to define its role in revitalization of their economies. In this paper, a review is made of policy incentives for promotion of RETs in developed countries. Setting-up international collaborative business ventures between local industry in a developing country and RE companies in developed countries is proposed as an implementation strategy that will promote diffusion of RETs in developing countries. An organisational framework that may help attain that objective is discussed and a structural model for RE business partnership presented. It is concluded that with right policy formulations and strategies, RETs can bring the required socio-economic development in those nations.