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

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  • Huang, Yun-Hsun
  • Wu, Jung-Hua

Abstract

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.

Suggested Citation

  • Huang, Yun-Hsun & Wu, Jung-Hua, 2011. "Assessment of the feed-in tariff mechanism for renewable energies in Taiwan," Energy Policy, Elsevier, vol. 39(12), pages 8106-8115.
    • Handle: RePEc:eee:enepol:v:39:y:2011:i:12:p:8106-8115
    DOI: 10.1016/j.enpol.2011.10.005
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    5. Liou, Hwa Meei, 2015. "Comparing feed-in tariff incentives in Taiwan and Germany," Renewable and Sustainable Energy Reviews, Elsevier, vol. 50(C), pages 1021-1034.
    6. Ghaderi, A. & Parsa Moghaddam, M. & Sheikh-El-Eslami, M.K., 2014. "Energy efficiency resource modeling in generation expansion planning," Energy, Elsevier, vol. 68(C), pages 529-537.
    7. He, Yongxiu & Pang, Yuexia & Zhang, Jixiang & Xia, Tian & Zhang, Ting, 2015. "Feed-in tariff mechanisms for large-scale wind power in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 51(C), pages 9-17.
    8. Chun Chih Chen, 2021. "The path to a 2025 nuclear-free Taiwan: An analysis of dynamic competition among emissions, energy, and economy," Energy & Environment, , vol. 32(4), pages 668-689, June.
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    11. M.Z. Ibrahim & A. Albani, 2014. "The Potential of Wind Energy in Malaysian Renewable Energy Policy: Case Study in Kudat, Sabah," Energy & Environment, , vol. 25(5), pages 881-898, July.

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