Abstract

AbstractRenewable energies are increasingly playing an important role in the energy mix in Southeast Asia, but many challenges remain before they can compete with fossil fuels. The article examines the current development in the renewable energy in Southeast Asia. The article also analyses feed‐in tariff policy to further support the development of the renewable energy sector in Indonesia, Malaysia, Philippines, Thailand, and Viet Nam. More investments in renewable energy could be attracted given the same level of feed‐in tariff rates, contract length, and capacity cap by improving feed‐in tariff policy predictability. Southeast Asian countries could consider modification of their feed‐in tariffs suggested by the literature, such as for renewable energy generation accompanied with energy storage, tariff degression, caped capacity per region or grid, capacity‐augmentation‐tariff that are differentiated across different types and locations of intermittent power. Few of these features of feed‐in tariff policy are already implemented in some Southeast Asian countries.This article is categorized under: Energy Policy and Planning > Economics and Policy Energy and Climate > Economics and Policy

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.