"Asia Pacific Renewable Energy Policy Handbook 2018” is among the latest region specific policy report from GlobalData, the industry analysis specialist that offers comprehensive information on major policies governing renewable energy market in the region.
The report provides the current and future renewable energy targets and plans along with the present policy framework, giving a fair idea of overall growth potential of the renewable energy industry. The report also provides major technology specific policies and incentives provided in the region.
The report is built using data and information sourced from industry associations, government websites and statutory bodies. The information is also sourced through other secondary research sources such as industry and trade magazines.
Scope
The report covers policy measures and incentives used in Asia Pacific to promote renewable energy.
The report details promotional measures in Asia Pacific both for the overall renewable energy industry and for specific renewable energy technologies that have potential in the region.
Key Highlights
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Reasons to buy
The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to:
Develop business strategies with the help of specific insights about policy decisions being taken for different renewable energy sources.
Identify opportunities and challenges in exploiting various renewable technologies.
Compare the level of support provided to different renewable energy technologies in the region.
Be ahead of competition by keeping yourself abreast of all the latest policy changes.
Companies mentioned
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Table of Contents
1 Table of Contents
1 Table of Contents 2
1.1 List of Tables 10
2 Executive Summary 12
3 Introduction 14
3.1 Renewable ...
1 Table of Contents
1 Table of Contents 2
1.1 List of Tables 10
2 Executive Summary 12
3 Introduction 14
3.1 Renewable Energy Policy 14
3.2 GlobalData Report Guidance 14
4 Renewable Energy Policy, Australia 15
4.1 Renewable Energy Market, Overview 15
4.2 Renewable Energy Policy Framework 15
4.3 Renewable Energy Auctions, Australia 19
4.4 Financial Incentives and Policy Support for Solar Power, Australia, Federal Incentives 20
4.5 Financial Incentives and Policy Support for Wind, Australia, Federal Incentives 21
4.6 Financial Incentives and Policy Support for Geothermal, Australia, Federal Incentives 21
4.7 Financial Incentives and Policy Support for Energy Efficiency, Australia, Federal Incentives 21
4.8 Renewable Energy Policy Framework, Australia, State Level Policies and Incentives 22
5 Renewable Energy Policy, China 31
5.1 Renewable Energy Market, Overview 31
5.2 Renewable Energy Law 31
5.3 International Science and Technology Co-operation Program for New and Renewable Energy 34
5.4 Shandong Province Village Renewable Energy Regulations 34
5.5 The 12th Five-Year Plan 34
5.6 The 13th Five-Year Plan 35
5.7 New Carbon Intensity Target 36
5.8 Renewable Energy Tariff Surcharge Grant Funds Management Approach 37
5.9 Carbon Tax and Carbon Pricing 37
5.10 New Renewable Energy Certificate Scheme in 2017 37
5.11 China’s Winter Clean Heating Plan 2017–2021 38
5.12 Financial Incentives and Policy Support for Solar Power, China 38
5.13 Financial Incentives and Policy Support for Wind, China 45
5.14 Financial Incentives and Policy Support for Hydropower, China 49
5.15 Financial Incentives and Policy Support for Bioenergy, China 50
5.16 Financial Incentives and Policy Support for Energy Efficiency, China 52
6 Renewable Energy Policy, India 53
6.1 Renewable Energy Market, Overview 53
6.2 Electricity Act of 2003 53
6.3 Renewable Energy Certificates 54
6.4 Renewable Energy Targets and Roadmap for Renewable Energy Development 56
6.5 Support for Solar Power 57
6.6 Support for Wind Power 62
6.7 Support for Bio-power 68
6.8 Support for Small Hydropower 75
7 Renewable Energy Policy, Indonesia 78
7.1 Renewable Energy Market, Overview 78
7.2 Green Energy Policy 78
7.3 Small Distributed Power Generation Using Renewable Energy 79
7.4 Medium-Scale Power Generation Using Renewable Energy 79
7.5 Income Tax Reduction for Energy Development Projects 79
7.6 Electricity Purchase from Small- and Medium-Scale Renewable Energy 79
7.7 Clean Technology Fund 80
7.8 Ceiling Price for Geothermal 80
7.9 New Geothermal Law 81
7.10 Geothermal Fund 82
7.11 Power Purchase from Solar PV Plants 82
7.12 Feed-in Tariffs for Biomass 83
7.13 New Electricity Sector Regulations in 2017 83
7.14 Revocation of 32 regulations in the Energy and Minerals Sector in 2018 85
8 Renewable Energy Policy, Japan 88
8.1 Renewable Energy Market, Overview 88
8.2 Japan Renewable Energy Policy Platform 88
8.3 Feed-in Tariffs for Renewable Energy 88
8.4 Japan’s First Solar Auction 91
8.5 Green Investment Tax Credit 91
8.6 Strategic Energy Plan 91
8.7 Long-Term Energy Supply and Demand Outlook 91
8.8 Establishment of New Energy Development Organization 92
8.9 Amendment of the Renewable Energy Act 92
8.10 Renewable Energy Certificate (REC) Trading from May 2018 93
9 Renewable Energy Policy, Kazakhstan 95
9.1 Renewable Energy Market, Overview 95
9.2 Law on Electricity 96
9.3 Law on the Use of Renewable Energy Sources 96
9.4 Long-Term Development Strategy for the Period up to 2025 97
9.5 Long-Term Strategy for Renewable Energy Development 97
9.6 Law on Energy Saving and Energy Efficiency 97
9.7 Renewable Energy Targets and Tariffs 98
9.8 Auctions and other plans for Renewable Energy in 2018 98
9.9 New Financing Framework by EBRD for Renewables 98
10 Renewable Energy Policy, Malaysia 100
10.1 Renewable Energy Market, Overview 100
10.2 Renewable Energy Act 2011 100
10.3 Net-Metering in Malaysia 102
10.4 National Renewable Energy Policy and Action Plan 102
10.5 Sustainable Energy Development Authority (SEDA) Act 2011 103
10.6 Green Technology Development 103
10.7 Green Technology Incentive 103
10.8 Competitive Bidding for Renewable Energy Projects in Malaysia 104
10.9 Eleventh Malaysia Plan, 2016–2020 105
11 Renewable Energy Policy, New Zealand 108
11.1 Renewable Energy Market, Overview 108
11.2 New Renewable Energy Target for New Zealand 108
11.3 New Zealand Energy Strategy 108
11.4 New Zealand Energy Efficiency and Conservation Strategy 109
11.5 Climate Change and Sustainability Agenda 110
11.6 National Policy Statement for Renewable Electricity Generation 111
11.7 Buy-back Rates for Solar Power 111
11.8 Emissions Trading Scheme 111
11.9 Solar and Heat Pump Water Heating 112
11.10 Installations Grants for Public Buildings 112
11.11 Commercial Project Grants 113
11.12 Resource Management Act 1991 113
11.13 Bioenergy Initiative 113
11.14 Crown Loans Programme 113
12 Renewable Energy Policy, Pakistan 114
12.1 Renewable Energy Market, Overview 114
12.2 Power Sector Reforms 114
12.3 National Power Policy, 2015 115
12.4 Alternative and Renewable Energy Policy, 2011 115
12.5 Feed-in Tariffs (FiT), Pakistan 116
12.6 Competitive Bidding for Wind and Solar Power Projects 118
12.7 Net–metering 119
13 Renewable Energy Policy, Philippines 120
13.1 Renewable Energy Market, Overview 120
13.2 Power Sector Reforms and Privatization 120
13.3 National Renewable Energy Program (NREP) 121
13.4 Renewable Energy Act 121
13.5 Net–Metering 122
13.6 Feed-in Tariffs 123
13.7 Open and Competitive Selection Process (OCSP) 124
13.8 Mandatory Use of Biofuel Blend 124
14 Renewable Energy Policy, Singapore 125
14.1 Renewable Energy Market, Overview 125
14.2 Power Market, Electricity Act 125
14.3 National Energy Policy 126
14.4 Nationally Determined Contribution to the Paris Agreement 127
14.5 Tax Incentive for Energy Saving Equipment 128
14.6 Energy Efficiency Fund (E2F) 128
14.7 Singapore’s Carbon Tax from 2019 128
15 Renewable Energy Policy, South Korea 129
15.1 Renewable Energy Market, Overview 129
15.2 Green Growth Policy 130
15.3 Renewable Energy and Energy Efficiency Partnership (REEEP) 130
15.4 Basic plan for Development, Utilization and Deployment of New and Renewable Energy Technology 131
15.5 Certification for New and Renewable Energy Facilities 132
15.6 Home Subsidy Program 132
15.7 Renewable Portfolio Standards (RPS) 133
15.8 Tax Audit Exemption 134
15.9 NRE Mandatory Use for Public Buildings 134
15.10 Memorandum of Understanding between Korean Wind Energy Association and RenewableUK 135
15.11 US Department of Energy and Republic of Korea Announce New Clean Energy Partnership 135
15.12 Nationally Determined Contribution (NDC) to the Paris Agreement 135
16 Renewable Energy Policy, Taiwan 136
16.1 Renewable Energy Market, Overview 136
16.2 Major Policies 136
16.3 Other Initiatives 136
16.4 Renewable Power Policy 137
17 Renewable Energy Policy, Thailand 144
17.1 Renewable Energy Market, Overview 144
17.2 Power Development Plan 2015 145
17.3 Alternative Energy Development Plan 2015–2036 147
17.4 Feed-in-Tariffs for Very Small Power Producers (VSPPs) 147
17.5 Solar Power Feed-in-Tariffs 148
17.6 Small Power Plants (SPP) Hybrid Scheme 149
17.7 Energy Efficiency Development Plan, 2015–2036 150
17.8 Tax Incentives through Board of Investment 150
17.9 Technical Assistance for Renewable Energy Projects 151
17.10 Investment Grants 152
17.11 Energy Conservation Program 152
18 Renewable Energy Policy, Vietnam 154
18.1 Renewable Energy Market, Overview 154
18.2 Introduction of Competition in Power Market 154
18.3 Power Master Plan VII 155
18.4 Revised Power Development Plan VII 155
18.5 Renewable Energy Development Strategy 2016–2030 with outlook until 2050 (REDS) 158
18.6 Vietnam National Energy Efficiency Program (VNEEP) 158
18.7 Rural Electrification 159
18.8 Feed–in Tariffs (FiTs) 159
18.9 Avoided Cost Tariff (AVCT) 160
18.10 Investment incentives for Renewable Power Projects 160
19 Appendix 162
19.1 Market Definitions 162
19.1.1 Power 162
19.1.2 Installed Capacity 162
19.1.3 Electricity Generation 162
19.1.4 Electricity Consumption 162
19.1.5 Thermal Power Plant 162
19.1.6 Hydropower Plant 162
19.1.7 Nuclear Power 162
19.1.8 Renewable Energy Resources 162
19.2 Abbreviations 163
19.3 Bibliography 166
19.4 Methodology 174
19.5 Coverage 174
19.5.1 Secondary Research 174
19.5.2 Primary Research 174
19.5.3 Modeling and Forecasting 175
19.6 Contact Us 175
19.7 Disclaimer 176
List of Tables
1.1 List of Tables
Table 1: Renewable Energy Policy, Asia Pacific 12
Table 2: New Large-scale Renewable Energy Target, Annual Targets, Australia (TWh), 2015 ...
1.1 List of Tables
Table 1: Renewable Energy Policy, Asia Pacific 12
Table 2: New Large-scale Renewable Energy Target, Annual Targets, Australia (TWh), 2015–2030 18
Table 3: State-wise Renewable Energy Targets, Australia 19
Table 4: Renewable Energy Law, China, Major Regulations, 2005–2006 32
Table 5: Renewable Energy Law, China, Renewable Portfolio Standards by Province (%), 2020 35
Table 6: Key Provinces for Construction of solar PV projects in 13th Five-Year Plan (MW), China, 2020 36
Table 7: Feed-in Tariffs for Solar Power (CNY/kWh and $/kWh), China, 2016–2017 43
Table 8: Feed-in Tariffs for Solar Power (CNY/kWh and $/kWh), China, 2018 43
Table 9: Feed-in Tariffs for Onshore Wind Power by Region (CNY/kWh and $/kWh), Renewable Energy Market, China, 2015–2018 46
Table 10: Wind Power Feed in Tariffs, CNY/kWH (tax included), Renewable Energy Market, China, 2016–2018 46
Table 11: Feed-in Tariffs for Offshore Wind Power by Region (CNY/kWh and $/kWh), Renewable Energy Market, China, 2016–2018 47
Table 12: Renewable Energy Certificate Volume, India, January 2015–January 2018 55
Table 13: Result of 2 MW Inter-State Transmission System Wind Power Auction, India, February 2018 57
Table 14: Federal Level Feed-in Tariff for Solar Power (INR/kWh and $/kWh), India, 2016–2017 60
Table 15: Feed in Tariff for Solar Power (INR/kWh and $/kWh), Tamil Nadu, 2017–2018 60
Table 16: Feed in Tariff for Solar Power (INR/kWh and $/kWh), Rajasthan, 2017–2018 61
Table 17: Feed in Tariff for Solar Power (INR/kWh and $/kWh), Gujarat, 2017–2018 61
Table 18: Feed in Tariff for Solar Power (INR/kWh and $/kWh), Madhya Pradesh, 2017–2018 61
Table 19: Feed in Tariff for Solar Power (INR/kWh and $/kWh), Maharashtra, 2017–2018 61
Table 20: Feed in Tariff for Solar Power (INR/kWh and $/kWh), Karnataka, 2017–2018 62
Table 21: Feed in Tariff for Solar Power (INR/kWh and $/kWh), Kerala, 2016–2017 62
Table 22: Feed-in Tariffs for Wind Power Plants (INR/kWh and $/kWh), Andhra Pradesh, 2017–2018 64
Table 23: Feed-in Tariffs for Wind Power Plants (INR/kWh and $/kWh), Maharashtra, 2017–2018 64
Table 24: Feed-in Tariffs for Wind Power Plants (INR/kWh and $/kWh), Gujarat, 2006–2017 64
Table 25: Feed-in Tariffs for Wind Power Plants (INR/kWh and $/kWh), Tamil Nadu, 2017–2018 64
Table 26: Feed-in Tariffs for Wind Power Plants (INR/kWh and $/kWh), Kerala, 2016–2017 65
Table 27: Feed-in Tariffs for Wind Power Plants (INR/kWh and $/kWh), Karnataka, 2017–2018 65
Table 28: Feed-in Tariffs for Wind Power Plants (INR/kWh and $/kWh), Madhya Pradesh, 2016–2018 65
Table 29: Feed-in Tariffs for Wind Power Plants (INR/kWh and $/kWh), Rajasthan, 2017–2018 65
Table 30: Federal Level Feed-in Tariff for Wind Power (INR/kWh and $/kWh), India, 2016–2017 66
Table 31: Central Financial Assistance for Biomass Power Project and Bagasse Co-generation Projects by Sugar Mill Type, India, 2015 69
Table 32: Central Financial Assistance for Bagasse Co-generation Project in Existing Co-operative Sector Sugar Mills Employing Boiler Modifications, India, 2015 69
Table 33: Central Financial Assistance for Energy form Urban, Industrial, and Agricultural Wastes/Residues (INR and $), 2012–2017 71
Table 34: Financial Support for Biofuel, India, 2015 72
Table 35: Federal Level Feed-in Tariffs for Biopower Based Power Plants (INR/kWh and $/kWh), 2017–2018 73
Table 36: Support for Hydropower in Private Sector, Joint Sector and Co-operative Societies, India, 2015 76
Table 37: Support for Hydropower in State Government, Central Government and Public Sector Units, India, 2016 76
Table 38: Ceiling Tariffs, Indonesia, 2015–2025 80
Table 39: Ceiling Tariffs ($/kWh), Indonesia, 2015–2025 81
Table 40: Feed-in Tariffs for Biomass ($/kWh), Renewable Energy Market, Indonesia, 2017 83
Table 41: Renewable Energy Feed-in Tariffs, Japan, 2016 90
Table 42: Solar PV Feed-in Tariffs, Japan, 2017 90
Table 43: Renewable Energy Feed in Tariffs, Kazakhstan, 2015 98
Table 44: Renewable Energy Targets, Malaysia, 2015–2030 100
Table 45: Feed-in Tariffs for Different Renewable Energy Sources (MYR/kWh and $/kWh), Renewable Energy Market, Malaysia, 2018 101
Table 46: Renewable Energy Policy and Action Plan Targets, Malaysia, 2020–2030 102
Table 47: Buy-back Rates for Renewable Electricity, New Zealand, 2017 111
Table 48:Solar PV Feed-in-Tariff in North Region, Pakistan, 2015 117
Table 49:Solar PV Feed-in-Tariff in South Region, Pakistan, 2015 117
Table 50:Solar PV Feed-in-Tariff in North Region, Pakistan, 2016 117
Table 51:Solar PV Feed-in-Tariff in South Region, Pakistan, 2016 117
Table 52:Wind power Feed-in-Tariff, Pakistan, 2016 118
Table 53: Low–head (≤ 20 meters) Hydropower Feed-in-Tariff, Pakistan, 2017 118
Table 54: High–head (> 20 meters) Hydropower Feed-in-Tariff, Pakistan, 2017 118
Table 55: Renewable Power Installed Capacity Targets, Philippines, 2011–2030 121
Table 56: Renewable Energy Feed-in Tariffs, Philippines, 2013–2016 123
Table 57: Renewable Energy, Republic of Korea, Target for New and Renewable Energies (%) 131
Table 58: Renewable Energy, Republic of Korea, New and Renewable Energies composition ratios (%) 132
Table 59: Renewable Portfolio Standards, Republic of Korea, Targets (%), 2012–2022 133
Table 60: Allocation of Renewable Energy Certificates, Republic of Korea, 2017 134
Table 61: Installed Capacity Targets by Renewable Energy Source (MW), Taiwan, 2015 138
Table 62: Installed Capacity Targets for Renewable Energy Sources (MW), Taiwan, 2020–2025 139
Table 63: Feed-in Tariffs for Solar PV and Wind Power ($/kWh and TWD/kWh), Taiwan, 2012–2013 140
Table 64: Feed-in Tariffs for Renewable Energy Sources ($/kWh), Taiwan, 2015 140
Table 65: Tentative Feed-in Tariffs (TWD and $), Taiwan, 2017 141
Table 66: Final Feed-in Tariffs (TWD and $), Taiwan, 2017 142
Table 67: Feed-in Tariffs for Renewable Energy Sources (TWD/kWh and $/kWh), Taiwan, 2018 143
Table 68: Estimated Contributions by Various Energy Sources to the Power Capacity Mix (%), Thailand, 2014 and 2036 146
Table 69: Feed-in Tariffs ($/kWh), Thailand, 2017 148
Table 70: Capacity Allocation under SPP Hybrid Scheme, Thailand, 2017 150
Table 71: Share of Various Energy Sources in Installed Capacity and Electricity Generation in Original and Revised Power Development Plan VII (%), Vietnam, 2020–2030 156
Table 72: Renewable Energy Targets for Total Primary Energy Consumption, Renewable Energy Market, Vietnam, 2020–2050 158
Table 73: Abbreviations 163
List of Figures
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