Feed-in tariff for solar photovoltaic: The rise of Japan

Full text article available in ScienceDirect : http://www.sciencedirect.com/science/article/pii/S0960148114001554

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Main Authors: Firdaus Muhammad-Sukki, Abu Bakar Munir, Siti Hajar Mohd Yasin, Roberto Ramirez-Iniguez, Scott G. McMeekin, Brian G. Stewar, Nabin Sarmah, Tapas Kumar Mallick, Ruzairi Abdul Rahim, Md Ershadul Karim, Salman Ahmad, Razman Mat Tahar, Siti Hawa Abu-Bakar
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Published: Elsevier 2014
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Online Access:http://localhost/xmlui/handle/123456789/8087
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Institution: Universiti Kuala Lumpur
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spelling my.unikl.ir-80872014-10-27T06:28:17Z Feed-in tariff for solar photovoltaic: The rise of Japan Firdaus Muhammad-Sukki Abu Bakar Munir Siti Hajar Mohd Yasin Roberto Ramirez-Iniguez Scott G. McMeekin Brian G. Stewar Nabin Sarmah Tapas Kumar Mallick Ruzairi Abdul Rahim Md Ershadul Karim Salman Ahmad Razman Mat Tahar Siti Hawa Abu-Bakar Solar energy Photovoltaic Feed-in tariff Financial analysis Full text article available in ScienceDirect : http://www.sciencedirect.com/science/article/pii/S0960148114001554 Japan started implementing a national Feed-In Tariff (FiT) mechanism on the 1st July 2012, which included specific payment tariffs for solar photovoltaic (PV) installations. This marks a new era in the renewable energy landscape in Japan. This paper aims at analysing the solar PV prospect in Japan, particularly in both residential and non-residential sectors. The paper presents, first, an overview of energy trends in Japan prior to the Fukushima event. This is followed by a short review of solar PV progress in the country, highlighting the major policies and programmes that have been implemented as well as the installations that have been carried out over the past two decades. Next, the financial impact of the new FiT scheme on consumers is evaluated. The financial analysis investigates the total profit, the average annual return on investment and the payback period. For a comparison purposes, a similar financial analysis is also conducted with selected countries around the world – namely Germany, Italy and the United Kingdom. The results from this analysis indicate that the new Japanese FiT rate generates a good profit, a moderate annual return on investment and an acceptable payback period, suggesting an increasing trend of solar PV uptake over the next years. 2014-10-27T06:28:17Z 2014-10-27T06:28:17Z 2014-08 DOI: 10.1016/j.renene.2014.03.012 http://localhost/xmlui/handle/123456789/8087 Journal of Renewable Energy; Elsevier
institution Universiti Kuala Lumpur
building UniKL Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Kuala Lumpur
content_source UniKL Institutional Repository
url_provider http://ir.unikl.edu.my/
topic Solar energy
Photovoltaic
Feed-in tariff
Financial analysis
spellingShingle Solar energy
Photovoltaic
Feed-in tariff
Financial analysis
Firdaus Muhammad-Sukki
Abu Bakar Munir
Siti Hajar Mohd Yasin
Roberto Ramirez-Iniguez
Scott G. McMeekin
Brian G. Stewar
Nabin Sarmah
Tapas Kumar Mallick
Ruzairi Abdul Rahim
Md Ershadul Karim
Salman Ahmad
Razman Mat Tahar
Siti Hawa Abu-Bakar
Feed-in tariff for solar photovoltaic: The rise of Japan
description Full text article available in ScienceDirect : http://www.sciencedirect.com/science/article/pii/S0960148114001554
format
author Firdaus Muhammad-Sukki
Abu Bakar Munir
Siti Hajar Mohd Yasin
Roberto Ramirez-Iniguez
Scott G. McMeekin
Brian G. Stewar
Nabin Sarmah
Tapas Kumar Mallick
Ruzairi Abdul Rahim
Md Ershadul Karim
Salman Ahmad
Razman Mat Tahar
Siti Hawa Abu-Bakar
author_facet Firdaus Muhammad-Sukki
Abu Bakar Munir
Siti Hajar Mohd Yasin
Roberto Ramirez-Iniguez
Scott G. McMeekin
Brian G. Stewar
Nabin Sarmah
Tapas Kumar Mallick
Ruzairi Abdul Rahim
Md Ershadul Karim
Salman Ahmad
Razman Mat Tahar
Siti Hawa Abu-Bakar
author_sort Firdaus Muhammad-Sukki
title Feed-in tariff for solar photovoltaic: The rise of Japan
title_short Feed-in tariff for solar photovoltaic: The rise of Japan
title_full Feed-in tariff for solar photovoltaic: The rise of Japan
title_fullStr Feed-in tariff for solar photovoltaic: The rise of Japan
title_full_unstemmed Feed-in tariff for solar photovoltaic: The rise of Japan
title_sort feed-in tariff for solar photovoltaic: the rise of japan
publisher Elsevier
publishDate 2014
url http://localhost/xmlui/handle/123456789/8087
_version_ 1644485000703246336