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Feed‐in tariffs for financing renewable energy in Southeast Asia

Feed‐in tariffs for financing renewable energy in Southeast Asia Renewable 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. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Wiley Interdisciplinary Reviews: Energy and Environment Wiley

Feed‐in tariffs for financing renewable energy in Southeast Asia

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References (36)

Publisher
Wiley
Copyright
© 2022 Wiley Periodicals LLC.
ISSN
2041-8396
eISSN
2041-840X
DOI
10.1002/wene.425
Publisher site
See Article on Publisher Site

Abstract

Renewable 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.

Journal

Wiley Interdisciplinary Reviews: Energy and Environment – Wiley

Published: May 1, 2022

Keywords: ASEAN; curtailment; feed‐in tariff; long‐term planning; renewable energy; Southeast Asia

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