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Renewable energy in eastern Asia: Renewable energy policy review and comparative SWOT analysis for promoting renewable energy in Japan, South Korea, and Taiwan

Author

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  • Chen, Wei-Ming
  • Kim, Hana
  • Yamaguchi, Hideka

Abstract

Japan, South Korea, and Taiwan are deficient of domestic fossil energy sources and depend significantly on imported fuels. Since the oil shock in the 1970s, all three countries have promoted renewable energy as an alternative energy source to improve energy security. Currently, renewable energy is being promoted to build low-carbon economies. This study reviews the development of renewable energy policies and roadmaps. It also examines and compares strengths, weaknesses, opportunities, and threats (SWOT) of these countries in the context of advancing renewable energy policies and technologies and expanding domestic renewable energy installations, as well as strategically positioning themselves in the international renewable energy market as exporters of clean energy technologies. Through the SWOT analysis, this paper identifies a capacity for additional renewable energy deployment in these countries and highlights the necessity of increased cooperation between the three countries to strengthen their domestic and regional renewable energy sectors and compete in the global renewable energy market in the post-Fukushima era.

Suggested Citation

  • Chen, Wei-Ming & Kim, Hana & Yamaguchi, Hideka, 2014. "Renewable energy in eastern Asia: Renewable energy policy review and comparative SWOT analysis for promoting renewable energy in Japan, South Korea, and Taiwan," Energy Policy, Elsevier, vol. 74(C), pages 319-329.
    • Handle: RePEc:eee:enepol:v:74:y:2014:i:c:p:319-329
    DOI: 10.1016/j.enpol.2014.08.019
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    References listed on IDEAS

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    1. Liou, Hwa Meei, 2010. "Policies and legislation driving Taiwan's development of renewable energy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(7), pages 1763-1781, September.
    2. Lee, Shun-Chung & Shih, Li-Hsing, 2011. "Enhancing renewable and sustainable energy development based on an options-based policy evaluation framework: Case study of wind energy technology in Taiwan," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(5), pages 2185-2198, June.
    3. Terrados, J. & Almonacid, G. & Hontoria, L., 2007. "Regional energy planning through SWOT analysis and strategic planning tools.: Impact on renewables development," Renewable and Sustainable Energy Reviews, Elsevier, vol. 11(6), pages 1275-1287, August.
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