Renewable energy in Nepal - Key findings and policy recommendations

INTEGRATION OF RENEWABLE ENERGY FOR CLIMATE ADAPTATION CARRY OUT PERIODIC PROJECTIONS OF ENERGY SUPPLY AND DEMAND TO DETERMINE THE SHARE OF Nepal ranks 10th in the global climate risk index RE IN THE ENERGY MIX (Germanwatch 2023), making it one of the most vulnerable countries in the world. [...] Each plays critical part of the ecosystem for deploying renewable a specific role in developing the ecosystem for energy to enhance the competitiveness and resilience enhancing the contribution of renewable energy to of value chains and enterprises. [...] A broad range of barriers, including policy and the government’s priorities in renewable energy (RE), regulatory obstacles, outdated technologies, and the lack key subsidy policies, the role of public finance, RE of capacity and finance, have prevented the region from deployment in rural electrification and clean cooking, taking full advantage of existing and potential renewable the role of the pr. [...] The AEPC may support provincial Nepal and municipal governments in creating institutional arrangements, including policy support and capacity The Ministry of Energy, Water Resources and development, in order to enable renewable energy to Irrigation (MoEWRI) is the line ministry and governs be mainstreamed in addressing energy consumption the electricity and alternative/renewable energy and product. [...] The need for the revision is stated as accelerating the The AEPC has promoted SHSs, MHPs, and IWMs since promotion of renewable energy to make it pro-poor, the early 2000s, whereas the first SWMG was piloted in making timely adjustments in the subsidy amounts 2011 with the support of the Asian Development Bank and loan period, and encouraging private-sector (ADB).