Published : Jun-2017
No. of Pages : 136
1 Table of Contents 2
1.1 List of Tables 6
2 Executive Summary 8
3 Introduction 10
3.1 Renewable Energy Policy 10
3.2 GlobalData Report Guidance 10
4 Renewable Energy Policy, Australia 11
4.1 Renewable Energy Market, Overview 11
4.2 Renewable Energy Policy Framework 11
4.3 Financial Incentives and Policy Support for Solar Power, Australia, Federal Incentives 15
4.4 Financial Incentives and Policy Support for Wind, Australia, Federal Incentives 15
4.5 Financial Incentives and Policy Support for Geothermal, Australia, Federal Incentives 16
4.6 Financial Incentives and Policy Support for Energy Efficiency, Australia, Federal Incentives 16
4.7 Renewable Energy Policy Framework, Australia, State Level Policies and Incentives 16
5 Renewable Energy Policy, China 20
5.1 Renewable Energy Market, Overview 20
5.2 Renewable Energy Law 20
5.3 International Science and Technology Co-operation Program for New and Renewable Energy 23
5.4 Shandong Province Village Renewable Energy Regulations 23
5.5 The 12th Five-Year Plan 24
5.6 The 13th Five-Year Plan 24
5.7 New Carbon Intensity Target 25
5.8 Renewable Energy Tariff Surcharge Grant Funds Management Approach 25
5.9 Carbon Tax and Carbon Pricing 25
5.10 Financial Incentives and Policy Support for Solar Power, China 26
5.11 Financial Incentives and Policy Support for Wind, China 31
5.12 Financial Incentives and Policy Support for Hydropower, China 37
5.13 Financial Incentives and Policy Support for Bioenergy, China 37
5.14 Financial Incentives and Policy Support for Energy Efficiency, China 39
6 Renewable Energy Policy, India 40
6.1 Renewable Energy Market, Overview 40
6.2 Electricity Act of 2003 40
6.3 Renewable Energy Certificates 41
6.4 Support for Solar Power 43
6.5 Support for Wind Power 45
6.6 Support for Bio-power 47
6.7 Support for Small Hydropower 53
7 Renewable Energy Policy, Indonesia 55
7.1 Renewable Energy Market, Overview 55
7.2 Green Energy Policy 55
7.3 Small Distributed Power Generation Using Renewable Energy 56
7.4 Medium-Scale Power Generation Using Renewable Energy 56
7.5 Income Tax Reduction for Energy Development Projects 56
7.6 Electricity Purchase from Small- and Medium-Scale Renewable Energy 56
7.7 Clean Technology Fund 57
7.8 Ceiling Price for Geothermal 57
7.9 New Geothermal Law 58
7.10 Geothermal Fund 58
7.11 Power Purchase from Solar PV Plants 59
7.12 Feed-in Tariffs for Biomass 59
7.13 New Electricity Sector Regulations in 2017 59
8 Renewable Energy Policy, Japan 61
8.1 Renewable Energy Market, Overview 61
8.2 Japan Renewable Energy Policy Platform 61
8.3 Feed-in Tariffs for Renewable Energy 61
8.4 Green Investment Tax Credit 63
8.5 Strategic Energy Plan 63
8.6 Long-Term Energy Supply and Demand Outlook 64
8.7 Establishment of New Energy Development Organization 64
9 Renewable Energy Policy, Kazakhstan 65
9.1 Renewable Energy Market, Overview 65
9.2 Law on Electricity 66
9.3 Law on the Use of Renewable Energy Sources 66
9.4 Long-Term Development Strategy for the Period up to 2025 67
9.5 Long-Term Strategy for Renewable Energy Development 67
9.6 Law on Energy Saving and Energy Efficiency 67
9.7 Renewable Energy Targets and Tariffs 68
9.8 New Financing Framework by EBRD for Renewables 68
10 Renewable Energy Policy, Malaysia 69
10.1 Renewable Energy Market, Overview 69
10.2 Renewable Energy Act 2011 69
10.3 Net-Metering in Malaysia 71
10.4 National Renewable Energy Policy and Action Plan 71
10.5 Sustainable Energy Development Authority (SEDA) Act 2011 71
10.6 Green Technology Development 71
10.7 Small Renewable Energy Program 72
10.8 Energy Efficiency 72
11 Renewable Energy Policy, New Zealand 73
11.1 Renewable Energy Market, Overview 73
11.2 New Zealand Energy Strategy 73
11.3 New Zealand Energy Efficiency and Conservation Strategy 74
11.4 Climate Change and Sustainability Agenda 75
11.5 National Policy Statement for Renewable Electricity Generation 75
11.6 Emissions Trading Scheme 76
11.7 Solar and Heat Pump Water Heating 76
11.8 Installations Grants for Public Buildings 76
11.9 Commercial Project Grants 77
11.10 Resource Management Act 1991 78
11.11 Bioenergy Initiative 78
11.12 Crown Loans Programme 78
12 Renewable Energy Policy, Pakistan 79
12.1 Overview 79
12.2 Power Sector Reforms 79
12.3 National Power Policy, 2015 80
12.4 National Power Policy, 2013 81
12.5 Renewable Energy Objectives 82
12.6 Alternative and Renewable Energy Policy, 2011 83
12.7 Feed-in Tariffs, Pakistan 83
12.8 Challenges for Renewable Power in Pakistan 85
13 Renewable Energy Policy, Philippines 86
13.1 Renewable Energy Market, Overview 86
13.2 Power Sector Reforms and Privatization 86
13.3 National Renewable Energy Program 87
13.4 Energy Plan 2012-2030 87
13.5 Other Renewable Energy and Energy Efficiency Policies 88
13.6 Feed-in Tariffs 88
14 Renewable Energy Policy, Singapore 90
14.1 Renewable Energy Market, Overview 90
14.2 Power Market, Electricity Act 90
14.3 Energy Policy 91
14.4 Nationally Determined contribution to the Paris Agreement 92
15 Renewable Energy Policy, South Korea 93
15.1 Renewable Energy Market, Overview 93
15.2 Major Policies 94
16 Renewable Energy Policy, Taiwan 101
16.1 Renewable Energy Market, Overview 101
16.2 Major Policies 101
16.3 Other Initiatives 101
16.4 Renewable Power Policy 102
17 Renewable Energy Policy, Thailand 107
17.1 Renewable Energy Market, Overview 107
17.2 Power Development Plan 2015 108
17.3 Alternative Energy Development Plan 2015-2036 110
17.4 Feed-in-Tariffs for Wind, Hydropower, and Biopower 110
17.5 Solar Power Feed-in-Tariffs 111
17.6 Energy Efficiency Development Plan, 2015-2036 112
17.7 Tax Incentives through Board of Investment 112
17.8 Technical Assistance for Renewable Energy Projects 113
17.9 Investment Grants 113
17.10 Soft Loans - Revolving Fund 113
17.11 Energy Service Company Fund 113
17.12 Energy Conservation Program 114
18 Renewable Energy Policy, Vietnam 115
18.1 Renewable Energy Market, Overview 115
18.2 Introduction of Competition in Power Market 116
18.3 Power Master Plan VII 116
18.4 Revised Power Development Plan VII 117
18.5 Renewable Energy Development Strategy 2016-2030 with outlook until 2050 (REDS) 119
18.6 Energy Efficiency 120
18.7 Rural Electrification 120
18.8 Renewable Energy Development 121
19 Appendix 122
19.1 Market Definitions 122
19.2 Abbreviations 123
19.3 Bibliography 126
19.4 Methodology 131
19.5 Coverage 131
19.6 Contact Us 133
19.7 Disclaimer 133
1.1 List of Tables
Table 1: Renewable Energy Policy, Asia Pacific 11
Table 2: New Large-scale Renewable Energy Target, Annual Targets, Australia (TWh), 2015-2030 17
Table 3: Renewable Energy Law, China, Major Regulations, 2005-2006 24
Table 4: Solar PV Market, China, Feed-in Tariffs in Major Provinces, 2015 31
Table 5: Feed-in Tariffs for Solar Power (CNY/kWh and $/kWh), China, 2016-2017 32
Table 6: Wind Power Market, China, List of Major Policies, 2015 35
Table 7: Feed-in Tariffs for Onshore Wind Power by Region (CNY/kWh and $/kWh), Renewable Energy Market, China, 2015-2018 37
Table 8: Feed-in Tariffs for Offshore Wind Power by Region (CNY/kWh and $/kWh), Renewable Energy Market, China, 2016-2018 38
Table 9: Renewable Energy Certificate Volume, India, July 2014-Jan 2017 45
Table 10: Solar PV Net-metering Tariffs, India, 2016 47
Table 11: Federal Level Feed-in Tariff for Solar Power (INR/kWh and $/kWh), India, 2016-2017 47
Table 12: State-level Feed-in Tariffs for Wind Power Plants, India, 2016 49
Table 13: Federal Level Feed-in Tariff for Wind Power (INR/kWh and $/kWh), India, 2016-2017 49
Table 14: Central Financial Assistance for Biomass Power Project and Bagasse Co-generation Projects by Sugar Mill Type, India, 2015 51
Table 15: Central Financial Assistance for Bagasse Co-generation Project in Existing Co-operative Sector Sugar Mills Employing Boiler Modifications, India, 2015 51
Table 16: Financial Support for Biofuel, India, 2015 53
Table 17: State-level Feed-in Tariffs for Bioenergy-Based Power Plants, 2016 53
Table 18: Federal Level Feed-in Tariffs for Biopower Based Power Plants (INR/kWh and $/kWh), 2016-2017 54
Table 19: Support for Hydropower in Private Sector, Joint Sector and Co-operative Societies, India, 2015 57
Table 20: Support for Hydropower in State Government, Central Government and Public Sector Units, India, 2016 57
Table 21: Ceiling Tariffs, Indonesia, 2015-2025 60
Table 22: Ceiling Tariffs ($/kWh), Indonesia, 2015-2025 61
Table 23: Feed-in Tariffs for Biomass ($/kWh), Renewable Energy Market, Indonesia, 2017 62
Table 24: Renewable Energy Feed-in Tariffs, Japan, 2016 65
Table 25: Solar PV Feed-in Tariffs, Japan, 2017 66
Table 26: Renewable Energy Feed in Tariffs, Kazakhstan, 2015 71
Table 27: Renewable Energy Targets, Malaysia, 2015-2030 72
Table 28: Feed-in Tariffs for Different Renewable Energy Sources (MYR/kWh and $/kWh), Renewable Energy Market, Malaysia, 2017 73
Table 29: Power Market, Pakistan, Proposed Feed-in-Tariff for Solar Power by Region ($/kWh), 2015 87
Table 30: Power Market, Pakistan, Proposed Feed-in-Tariff for Solar Power by Region ($/kWh), 2016 87
Table 31: Power Market, Pakistan, Proposed Feed-in-Tariff for Wind Power by Region, 2016 87
Table 32: Power Market, Pakistan, Feed-in-Tariff for Small Hydropower by Category ($/kWh), 2016 88
Table 33: Renewable Energy Feed-in Tariffs, Philippines, 2013-2016 91
Table 34: Renewable Energy, South Korea, Target for New and Renewable Energies (%) 99
Table 35: Renewable Portfolio Standards, South Korea, Targets (%), 2012-2024 100
Table 36: Allocation of Renewable Energy Certificates, South Korea, 2017 101
Table 37: Installed Renewable Capacity Targets by Energy Source (MW), Taiwan, 2015 106
Table 38: Feed-in Tariffs for Solar PV and Wind Power ($/kWh and TWD/kWh), Taiwan, 2012-2013 107
Table 39: Feed-in Tariffs by Individual Energy Sources ($/kWh), Taiwan, 2015 107
Table 40: Tentative Feed-in Tariffs (TWD and $), Taiwan, 2017 108
Table 41: Final Feed-in Tariffs (TWD and $), Taiwan, 2017 109
Table 42: Estimated Contributions by Various Energy Sources to the Capacity Mix (%), Thailand, 2014 and 2036 112
Table 43: Feed-in Tariffs ($/kWh), Thailand, 2015-2036 114
Table 44: Solar Power Feed-in Tariffs ($/kWh), Thailand, 2015-2036 114
Table 45: Share of Various Energy Sources in Installed Capacity and Electricity Generation in Original and Revised Power Development Plan VII (%), Vietnam, 2020-2030 120
Table 46: Renewable Energy Targets for Total Primary Energy Consumption, Renewable Energy Market, Vietnam, 2020-2050 123
Table 47: Abbreviations 126
