Over the coming decades, Kenya is likely to see a large increase in electricity demand driven by economic growth and wider electrification of different sectors. At the same time, Kenya remains committed to maintain its high share of renewable generation. This study proposes a novel framework to...

Renewable electricity procurement auctions (RE auctions) have received much attention for their potential efficiency in reducing the cost of support levels associated with renewable electricity (RE). However, very little attention has been paid to their impact on financing costs. This is...

Market policies play a crucial role in facilitating the transition to a low-carbon society by restructuring the electricity market and influencing stakeholder behavior. Policymakers are concerned with how to implement these policies in terms of their intensity, combination, and timing. However,...