PRIVATE CAPITAL AND ENERGY MARKETS

摘要

The renewable energy industry is now growing, looking to markets more than to governments. Regulators inrnthe energy sector have become important in making clear rules and identifying market abuses. Once there isrna narrowing of the gap between government goals and private sector expectations, and clarity aboutrngovernment objectives, commitment, and the decision-making process; private investment, both domesticrnand foreign, will follow. Using Japan and Jamaica as examples, this paper shows the importance of privaterninvestment in the energy sector, particularly if the capital can be generated domestically. The global energyrnmarket is strong, growing, attracting private capital, and shows positive indicators for the future. It will bodernwell for renewables when domestic capital markets in developing countries become stronger and morernmature.