This intend to be a summary post of the “Scaling up Private Finance for Clean Energy in Emerging and Developing Economies” published by the IEA and IFC The Emerging Markets and Developing Economics (EMDEs) group contains the following territories: Africa, Developing Europe, Eurasia, Latin America, the Middle East and South and Southeast Asia. In EMDEs there are 775 million people that lack access to electricity and 2.4B that lack access to clean cooking fuels.

UK The main drivers for implements hybrid projects in the UK are: Advanced grid services: The UK comprises the most advanced standalone battery storage market in Europe, having pioneered since 2017 through the proliferation of grid-services. Mature Industry: Due to vast commercialization expertise, the industry is the most welcoming when it comes to innovation such as co-located assets and Hybrid PPAs. The UK is Europe’s largest energy storage market – by far.

There are several ways in which a Hybrid PPA can work. Just like the technical set up of each co-located project, there is no one size fits all when it comes to the commercialization aspect. It always comes down to investment goals, risk appetite and the capabilities when it comes to trading assets of each asset owner. Renewable PPA & Storage Capacity agreement (CSA)/Optimization agreement In this scenario, the hybrid arrangement comprises two contracts: