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.
In August 2011, Kelly joined ADB. Her primary focus has been sovereign, non-sovereign, and public-private-partnership energy sector projects, programs, and sector development strategies. Kelly is a master degreed economist, juris doctorate lawyer, and Harvard University Kennedy School MPA Graduate. She also holds an MBA. Kelly leads energy sector programs, projects, restructuring and development strategies in Central West Asia. Her current interest is upstream natural gas and renewables. Kelly has more than 25 years of experience in power, and gas market regulation and reform, energy efficiency, climate mitigation, and renewable energy.
Prior to joining ADB, Kelly worked at Washington Gas, BGE, U.S. Department of Energy (FERC), the Integrated Energy Resources Planning Division of the Maryland Public Service Commission, the merger and acquisition group of Winthrop, Stimson, Putnam & Roberts (currently – Pillsbury, Winthrop, Shaw Pittman LLP), and the energy law boutique firm Bruder, Gentle & Marcoux (absorbed by Shciff Harden LLP). Kelly served in Bangladesh for almost 6 years as Chief of Party over USAID’s program - Improved Capacity for Energy Access.
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Renewables need reliable storage devices in order to grow as sources of energy, and the breakthrough solution might be smaller than you think.
Policymakers need to take bold action on several fronts related to energy to make progress in the fight against climate change.
Smaller power generation and storage technologies, known as distributed energy resources, can help developing countries move to carbon neutrality.