Bakhtyar, Bardia and Lim, C.H. and Aziz, N. and Azam, Muhammad and Prabhakar, Akhilesh Chandra (2015) Estimating the cost of CO2 mitigation by feed in tariff approach in the Philippines. Journal of Applied Sciences, 15 (3). pp. 564-569. ISSN 1812-5654

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Abstract

The Philippines is located in Southeast Asia characterized by a tropical weather and high level of rain which makes this country as a high potential in generating electricity by hydro-power and wind.Solar potential at this country is one of the highest in the world.All these opportunities help the country to replace clean and green renewable energies instead of fossil sources which will reduce the amount of produced carbon dioxide significantly.This study illustrates the Philippines attempts for encouraging investors for investing in renewable energies.Meanwhile the cost of avoiding carbon by generating electricity by solar panels estimated and compared with the other parts of the world.The conclusion shows despite of all opportunities in the country still cost of avoiding CO2 by using solar panels in the Philippines is higher than average world price.

Item Type:	Article
Uncontrolled Keywords:	Renewable energy, energy policy, economic growth, feed in tariff
Subjects:	H Social Sciences > HB Economic Theory
Divisions:	School of Economics, Finance & Banking
Depositing User:	Dr. Muhammad Azam
Date Deposited:	10 Aug 2015 09:04
Last Modified:	04 May 2017 06:30
URI:	https://repo.uum.edu.my/id/eprint/15089

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