Date: 7 July 2021
Organizer: International Association for Energy Economics
Description: The revolutionary decline in the economies of scale in power generation in recent years has brought about a growing international trend to develop enabling policy and regulatory dispensations for embedded generation so that they can supplement national grids. In this context, embedded generation can be described as the small-scale production of power located close to the place of consumption but also able to sell electricity into the distribution network (prosumers).
Embedded generation has the potential to reduce electricity demand from the grid and simultaneously, improve prosumer’s environmental positions. Such a decentralized approach is supported by some policymakers to assist with concerns about security of supply.
An appropriate regulatory and policy dispensation for embedded generation is crucial for it to make a successful contribution to the often-overburdened systems, particularly in countries in the Global South.