Asia-Pacific Renewable Energy Policy Handbook 2014

Asia-Pacific Renewable Energy Policy Handbook 2014 Cover

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Burgeoning energy demand, limited fossil fuel reserves, and global warming concerns have forced countries in the Asia-Pacific region to increase the share of renewable energy in their energy mix. The region has made significant investment in renewable energy projects in recent years, and this is expected to continue in future.

Many countries have adopted policy instruments such as:

  • Feed-in Tariffs (FiTs)
  • Renewable Portfolio Standards (RPS)
  • Soft loans
  • And tax incentives to promote renewable energy.

Australia, Japan and New Zealand have committed to the reduction of carbon emissions. India and China, as participants in the Copenhagen Accord in 2009, pledged to work towards respective binding carbon intensity reduction targets of 20-25% and 40-45% by 2020, in comparison with 2005 levels.

China is rapidly becoming a major player in the global renewable energy industry.

In recent years, the country has developed its wind turbine and solar Photovoltaic (PV) manufacturing industries. The government has shown commitment to renewable energy through the introduction of a series of new laws and financial support measures.

India and Australia have also implemented a number of support measures for the development of renewable energy; the efficiency with which these measures are implemented will determine future growth in both countries. The new programs related to solar power development announced in India are expected to significantly increase the share of solar power in the renewable energy portfolio.

The Japanese government has shown commitment to renewables through the introduction of a FiT for renewable energy. It also announced plans to entirely rebuild its energy policy following the Fukushima nuclear disaster in March 2011. The policy now recommends gradually reducing dependence upon nuclear power while enhancing the share of renewable energy and efficient fossil-fuel power generation.

Thailand, which has announced a number of measures to support the growth of its renewable industry, is aiming for renewable energy to account for a 25% of overall power within the next 10 years.

Reasons to Buy

  • Includes policy measures and incentives used by the major countries in Asia-Pacific to promote renewable energy.
  • Promotional measures in different countries both for the overall renewable energy industry and for specific renewable energy technologies namely solar, wind, geothermal, hydro and bioenergy.
  • Highlights the differences and focus of the renewable energy policy frameworks in different countries in Asia-Pacific.
  • Comparison of various renewable energy policies across countries.

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