Renewables need reliable storage devices in order to grow as sources of energy, and the breakthrough solution might be smaller than you think.
Kelly has worked in power and natural gas for more than 25 years. She worked at Washington Gas, Constellation Energy’s BGE, U.S. Department of Energy (FERC), and the Integrated Energy Resources Planning Division of the Maryland Public Service Commission. Before ADB, she served in Bangladesh for almost 6 years as head of USAID’s International Energy Capacity Access program. With focus on regulation and rural electrification, she engaged capacity building, supported the formulation of essential energy policy, and designed training programs for effective power sector governance processes. In August 2011, Kelly joined ADB’s Independent Evaluation Department. There her primary focus was non-sovereign and sovereign energy sector project, program, sector, and strategy evaluations. Her current interest is upstream natural gas and renewables. Kelly is a master degreed economist, juris doctorate lawyer, and Harvard University Kennedy School MPA Alum. She is currently Unit Head, Field Office Support in Office of Administrative Services and working on an Executive MBA in energy.
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Tax and economic incentives for renewable energy and alternative fuel projects were once seen as key to attracting private investors to a country’s green energy plans. Increasingly, these subsidies – which can be revoked by governments as quickly as they were granted – are seen as risky and unpredictable if not rolled out carefully.