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Policy target, feed-in tariff, and technological progress of PV in Taiwan

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  • Lin, Jin-Xu
  • Wen, Pei-Ling
  • Feng, Chun-Chiang
  • Lin, Shih-Mo
  • Ko, Fu-Kuang

Abstract

It is widely recognized that solar energy, a major renewable energy source, can strengthen a country׳s energy security and reduce CO2 emissions. For this reason, Taiwan aims to develop its solar power industry by promoting photovoltaic (PV) applications. To meet its PV installation targets, the government is considering adopting feed-in tariffs (FITs), offering subsidies on capital expenditures, and funding research and development. At present, there is a wide gap between the country׳s installed capacity and the long-term government targets. Therefore, this study constructs a PV supply curve to demonstrate the potential contribution of PV power to Taiwan׳s electricity requirements. Based on this curve, an assessment tool is developed to show the relationship between PV installed capacity and energy cost reductions under a FIT scheme. Using this assessment model, policymakers can simulate the adoption of PV projects at the county level and anticipate possible challenges. Furthermore, the model will also measure the level of cost reductions required for PV technology to reach specific targets under the FIT scheme.

Suggested Citation

  • Lin, Jin-Xu & Wen, Pei-Ling & Feng, Chun-Chiang & Lin, Shih-Mo & Ko, Fu-Kuang, 2014. "Policy target, feed-in tariff, and technological progress of PV in Taiwan," Renewable and Sustainable Energy Reviews, Elsevier, vol. 39(C), pages 628-639.
    • Handle: RePEc:eee:rensus:v:39:y:2014:i:c:p:628-639
    DOI: 10.1016/j.rser.2014.07.112
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    3. Rashwan, Sherif S. & Shaaban, Ahmed M. & Al-Suliman, Fahad, 2017. "A comparative study of a small-scale solar PV power plant in Saudi Arabia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 80(C), pages 313-318.
    4. You, Siming & Lim, Yu Jie & Dai, Yanjun & Wang, Chi-Hwa, 2018. "On the temporal modelling of solar photovoltaic soiling: Energy and economic impacts in seven cities," Applied Energy, Elsevier, vol. 228(C), pages 1136-1146.
    5. Xiong, Yongqing & Yang, Xiaohan, 2016. "Government subsidies for the Chinese photovoltaic industry," Energy Policy, Elsevier, vol. 99(C), pages 111-119.
    6. Tabatabaei, Sharareh Majdzadeh & Hadian, Ebrahim & Marzban, Hossein & Zibaei, Mansour, 2017. "Economic, welfare and environmental impact of feed-in tariff policy: A case study in Iran," Energy Policy, Elsevier, vol. 102(C), pages 164-169.
    7. Paulo Henrique de Mello Santana, 2015. "Cost-effectiveness as Energy Policy Mechanisms: The Paradox of Technology-neutral and Technology-specific Policies in the Short and Long Term," Working Papers Working Paper 2015-02, Regional Research Institute, West Virginia University.
    8. Amanlou, Yasaman & Hashjin, Teymour Tavakoli & Ghobadian, Barat & Najafi, G. & Mamat, R., 2016. "A comprehensive review of Uniform Solar Illumination at Low Concentration Photovoltaic (LCPV) Systems," Renewable and Sustainable Energy Reviews, Elsevier, vol. 60(C), pages 1430-1441.
    9. de Mello Santana, Paulo Henrique, 2016. "Cost-effectiveness as energy policy mechanisms: The paradox of technology-neutral and technology-specific policies in the short and long term," Renewable and Sustainable Energy Reviews, Elsevier, vol. 58(C), pages 1216-1222.

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