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Public and Private Sector Roles in Advancing Renewable Energy The best practices outlined in the previous section did not occur overnight. They are the result of several decades of government and private sector involvement and cooperation toward advancing renewable energy in the United States. Although development of the renewable energy market remains a constant struggle for the United States, some policies and approaches are well suited for replication. Ensuring that the best possible legal, financial, regulatory, and institutional frameworks are in place is the responsibility of national governments and their private-sector counterparts. Informal unilateral actions by governments, although not binding to the international community, help to move renewable energy forward and should be considered. Program Creation The creation of a sustainable local renewable energy market requires a comprehensive and coordinated effort among many stakeholders. It is important to spend time in the beginning planning and analyzing, as the plan or roadmap that is created will serve as the legal and economic framework for renewable energy in the region for many years. It is of critical importance to engage a diverse group of stakeholders and advisors, such as local government, utilities, universities, business groups (local and foreign, small and large), entrepreneurs, international NGOs, banks, energy attorneys, concerned citizen groups, and more. Early engagement will help ensure active participation of all stakeholders in developing the plan, as well as personal investment in the long-term viability of the plan. The role of the advisors is to help develop a sustainable work plan and leverage resources. At a minimum, advisors should commit to providing in-kind consultation. Public–Private Partnerships While there is no strict rule for what makes a successful public–private partnership, team approaches are a proven way of encouraging renewable energy markets. Coordination among government agencies and the private sector at the national or local level is challenging but achievable. Recognizing and supporting community individuality, promoting cooperation, addressing common needs, and engaging in mutual problem solving are keys to success. Creating and sustaining an attractive business-friendly market landscape is also essential for the successful establishment and continued growth of any new industry. Governments must understand the motivating factors for renewable energy companies to locate in a new market. Different incentives are required for companies in different phases of development. For example, an established foreign-owned manufacturing company will be interested in different perks or incentives than a domestic services company that is currently expanding. Renewable Energy Best Practices in Promotion and Use — Andrea Luecke — Page 20PDF Image | Waste Heat Recovery and RPS Policies in the US
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