Renewable energy perspective plan of nepal 200-2020 an ... - SNV

With an effective RET plans and programmes, further benefits can be realized that
include reduced gestation period and lower costs. Particularly, proper planning in
terms of financing and design will help to secure the financing in time and thereby
reduced cost to the de veloper.
However, left on its own, new and renewable energy can not freely compete with its
competitors like fossil fuels because of market imperfections resulting from national
and global energy system. Therefore, there is a strong necessity to have a set of
strategies and policies that would enable users and suppliers of new and renewable
energy to make use of opportunities available.
In addition, in spite of environmental and socioeconomic benefits renewable energy
also has few inherent issues that must be addressed and kept in mind while
formulating long-term policies for the development of renewable energy. Except for
facilities like large -hydro, renewable energy is not available in concentrated and
centralized form. Intermittency nature of renewable energy often needs some kind of
storage device or a hybrid system to cater for continuous energy supply for some
specific end-uses. Low energy density also makes it necessary to construct large
facilities which increases the cost of the energy system in unit to unit basis.