Feasibility of Financing Renewable Energy Projects through Public-Private Partnership (PPP) in the Economy of Iran

Human societies' need energy, and rising greenhouse gas emissions from fossil fuel use have prompted governments to put the use of renewable energy (RE) on their agenda. This practice has always been considered by governments in Iran, but since the public sector budget alone is not enough to fi...

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Main Authors: Mir Hossein Mousavi, Musa Khoshkalam Khosroshahi, Razieh Ahmadi
Format: Article
Language:fas
Published: Center for Development Research and Foresight 2022-05-01
Series:پژوهش‌های برنامه و توسعه
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Online Access:https://www.journaldfrc.ir/article_154666_c71d7908924b1d67c5f5443fcc9951b0.pdf
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author Mir Hossein Mousavi
Musa Khoshkalam Khosroshahi
Razieh Ahmadi
author_facet Mir Hossein Mousavi
Musa Khoshkalam Khosroshahi
Razieh Ahmadi
author_sort Mir Hossein Mousavi
collection DOAJ
description Human societies' need energy, and rising greenhouse gas emissions from fossil fuel use have prompted governments to put the use of renewable energy (RE) on their agenda. This practice has always been considered by governments in Iran, but since the public sector budget alone is not enough to finance the investment in RE projects, one of the methods of financing such projects is the implementation of public-private partnerships (PPP). Accordingly, the purpose of this paper is to investigate the feasibility of financing RE projects through PPP in Iran. To achieve this goal, efforts are made to apply the comparative study and to focus on PPP in financing RE infrastructure in developing countries and successful implementation of similar projects (Mexico, Brazil, South Africa, Pakistan and India). Also, through reviewing the laws, practices, policies and requirements for private sector investment in renewable energy, some proposals to increase the position of PPP in RE investments Iran are presented. The findings show that the most important factors influencing the use of PPP are: (1) trust and special attention to the private sector (2); lifting economic sanctions (3); reducing the degree of political and economic risk; (4) reforms in the institutional framework.
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series پژوهش‌های برنامه و توسعه
spelling doaj-art-4a3a1ab70b0f4797afc2432dccca4a982025-08-20T02:13:43ZfasCenter for Development Research and Foresightپژوهش‌های برنامه و توسعه2645-74662717-03652022-05-013174110.22034/pbr.2022.324924.1196154666Feasibility of Financing Renewable Energy Projects through Public-Private Partnership (PPP) in the Economy of IranMir Hossein Mousavi0Musa Khoshkalam Khosroshahi1Razieh Ahmadi2Associated Professor of Economics, Alzahra University, Tehran, Iran .Assistant Professor of Economics, Alzahra University, Tehran, Iran.MA Graduated in Economics, Economic Faculty, Alzahra University, Tehran, Iran.Human societies' need energy, and rising greenhouse gas emissions from fossil fuel use have prompted governments to put the use of renewable energy (RE) on their agenda. This practice has always been considered by governments in Iran, but since the public sector budget alone is not enough to finance the investment in RE projects, one of the methods of financing such projects is the implementation of public-private partnerships (PPP). Accordingly, the purpose of this paper is to investigate the feasibility of financing RE projects through PPP in Iran. To achieve this goal, efforts are made to apply the comparative study and to focus on PPP in financing RE infrastructure in developing countries and successful implementation of similar projects (Mexico, Brazil, South Africa, Pakistan and India). Also, through reviewing the laws, practices, policies and requirements for private sector investment in renewable energy, some proposals to increase the position of PPP in RE investments Iran are presented. The findings show that the most important factors influencing the use of PPP are: (1) trust and special attention to the private sector (2); lifting economic sanctions (3); reducing the degree of political and economic risk; (4) reforms in the institutional framework.https://www.journaldfrc.ir/article_154666_c71d7908924b1d67c5f5443fcc9951b0.pdffinancingrenewable energypublic partnershipprivate partnershipprivate sector
spellingShingle Mir Hossein Mousavi
Musa Khoshkalam Khosroshahi
Razieh Ahmadi
Feasibility of Financing Renewable Energy Projects through Public-Private Partnership (PPP) in the Economy of Iran
پژوهش‌های برنامه و توسعه
financing
renewable energy
public partnership
private partnership
private sector
title Feasibility of Financing Renewable Energy Projects through Public-Private Partnership (PPP) in the Economy of Iran
title_full Feasibility of Financing Renewable Energy Projects through Public-Private Partnership (PPP) in the Economy of Iran
title_fullStr Feasibility of Financing Renewable Energy Projects through Public-Private Partnership (PPP) in the Economy of Iran
title_full_unstemmed Feasibility of Financing Renewable Energy Projects through Public-Private Partnership (PPP) in the Economy of Iran
title_short Feasibility of Financing Renewable Energy Projects through Public-Private Partnership (PPP) in the Economy of Iran
title_sort feasibility of financing renewable energy projects through public private partnership ppp in the economy of iran
topic financing
renewable energy
public partnership
private partnership
private sector
url https://www.journaldfrc.ir/article_154666_c71d7908924b1d67c5f5443fcc9951b0.pdf
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AT musakhoshkalamkhosroshahi feasibilityoffinancingrenewableenergyprojectsthroughpublicprivatepartnershippppintheeconomyofiran
AT raziehahmadi feasibilityoffinancingrenewableenergyprojectsthroughpublicprivatepartnershippppintheeconomyofiran