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ID110750
Title ProperAssessment of the feed-in tariff mechanism for renewable energies in Taiwan
LanguageENG
AuthorHuang, Yun-Hsun ;  Wu, Jung-Hua
Publication2011.
Summary / Abstract (Note)Due to Taiwan's lack of natural resources, dependence on imported energy, and pursuit of sustainable development, renewable energies are extremely important for Taiwan's future energy supply. Since Taiwan's feed-in tariff (FIT) is still in its initial stage, one must examine whether the current system is compatible with a well-designed FIT scheme. This study examines the main features of Taiwan's FIT system and assesses design options using several criteria. Additionally, one of the most important elements of a FIT scheme, namely, a tariff system, is discussed. Taiwan's FIT scheme has the design options required by well-functioning FITs, and the guaranteed-return tariff system coincides with the spirit underlying leading global FITs; however, many issues, such as setting goals by stages, refinement of the tariff calculation methodology, and elimination of other non-economic barriers, must be addressed to achieve future developmental goals and green industry growth.
`In' analytical NoteEnergy Policy Vol. 39, No.12; Dec 2011: p.8106-8115
Journal SourceEnergy Policy Vol. 39, No.12; Dec 2011: p.8106-8115
Key WordsFeed - in Tariff ;  Design Options ;  Tariff System