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Assessment of the feed-in tariff mechanism for renewable energies in Taiwan

Listed author(s):
  • Huang, Yun-Hsun
  • Wu, Jung-Hua
Registered author(s):

    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.

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    File URL: http://www.sciencedirect.com/science/article/pii/S0301421511007890
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    Article provided by Elsevier in its journal Energy Policy.

    Volume (Year): 39 (2011)
    Issue (Month): 12 ()
    Pages: 8106-8115

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    Handle: RePEc:eee:enepol:v:39:y:2011:i:12:p:8106-8115
    DOI: 10.1016/j.enpol.2011.10.005
    Contact details of provider: Web page: http://www.elsevier.com/locate/enpol

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