Liberalizing energy markets so that locally generated renewable energy projects have a chance to compete with big utilities is only the first step in getting those projects off the ground.

Other policies are needed to ensure the participation of local politicians and consumers. Those policies should promote financial returns from local power suppliers that are large enough to compete with traditional suppliers. And everyone needs to know that the profits of those local providers are being reinvested locally.

Those are two of the recommendations of a working paper for the Asian Development Bank Institute that looked at energy market reforms in Japan and France.

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Read the working paper

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About the authors

Aki Suwa is a professor at the Faculty for the Contemporary Society of Kyoto Women's University in Japan.

Magali Dreyfus is a researcher at the National Centre for Scientific Research and the Center for European Research on Administration, Politics and Society, of Lille University in France.

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