The feed-in tariff (FIT) policy to improve renewable energy utilization: An analysis of FIT implementation in ASEAN countries from renewable energy growth, decarbonization, and investment perspective
نویسندگان
چکیده
The FIT policy are widely adopted in the world to promote utilization of renewable energy technology (RET). Tariff rates, tariff regression mechanisms, contract term, and quota constraints all components policy. This has also been by Association Southeast Asian Nations or ASEAN countries optimize their (RE) potential. paper examines RET power generation under from perspective growth energy, environment, investment which applied five major term biggest capacity, such as: Indonesia Vietnam, Malaysia, Thailand, Philippines. study shows that successful accelerating compared pre-FIT, where annual RE capacity was 7.52% Thailand (2007-2021), 16.38% Vietnam (2011-2021), 4.56% (2012-2021) 2021), 9.11% Malaysia (2012-2021), 5.21% Philippines (2012-2021). managed keep CO2/kWh emissions production stable while increasing systems. Otherwise, due low Philippines, CO2 them increased significantly, 6.67% per year at Indonesia, 15.25% after introduction FIT. Generally, succeeded value international funding investments sector
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ژورنال
عنوان ژورنال: International Journal of Renewable Energy Development
سال: 2023
ISSN: ['2252-4940']
DOI: https://doi.org/10.14710/ijred.2023.55929