Renewable energy development has been slow in the past, but its
application throughout the world is accelerating. Policies to stimulate a
faster deployment of clean energy technologies are necessary and will,
in turn, create a level playing field by addressing market barriers,
creating transparent pricing structures, and facilitating access to
infrastructure financing. Because the renewable energy industry is not
yet at the same level of development as the more traditional energy
industries, it needs a more favorable regulatory environment in the near
term for its development, survival, and transformation to a mainstream
energy resource.
