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Asia and Pacific powering ahead with decentralised renewable eneergy

The Asian Development Bank (ADB), United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the United Nations Environment Program (UNEP) released the report “Green Growth, Resources, and Resilience” this week.

On the road to green economies, Malaya Business Insights, 24 Feb12, Net metering is empowering electric consumers in the Philippines. The scheme is embodied in the Philippines’ Renewable Energy Act of 2008 – considered to be the most comprehensive renewable energy law in Southeast Asia.

It allows electric consumers to sell power to the grid at an approved feed-in tariff and buy power as necessary at the normal retail tariff. The feed-in tariff will provide a guaranteed fixed price for at least 12 years for electricity produced from emerging renewable resources: wind, solar power, ocean, run-of-river hydropower, and biomass.

With net metering, the consumer generates electricity at the point of use, and is able to supply excess electricity generated into the grid, either earning revenue or reducing net payable consumption.

Net metering provides a regulatory basis for distributed and decentralized energy systems and at the same time provides a powerful incentive for end-use efficiency improvements. Net metering can be combined with feed-in-tariffs to promote renewable energy generation in decentralized applications.

It is one of the many responses that countries in Asia and the Pacific
– most notably China, Japan and South Korea – have made in supporting
green growth.

Asia and the Pacific now lead the globe in commitments to green
investments, including low-carbon power generation (renewable energy
and carbon capture and storage), energy and fuel efficiency
(buildings, public transport and electricity grids), and water supply
and waste management.

The region has made “green” policy commitments and investments that
just five years ago would have been unimaginable, according to a new
report by the Asian Development Bank (ADB) and the United Nations.
“Green economies are more economically and politically feasible than
ever before.”

The ADB, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the United Nations Environment Program (UNEP) released the report “Green Growth, Resources, and Resilience” this week.
These strategies now include building codes for energy and water conservation (Singapore); energy and water efficiency incentives, price restructuring (Singapore); independent/decentralized power production (Indonesia, the Philippines, Thailand); And green procurement (China, Japan, South Korea, the Philippines); information tools, including public disclosure and ecolabelling (China, Indonesia, Japan, the Philippines)……
http://www.malaya.com.ph/02242012/envi1.html

February 24, 2012 - Posted by Christina Macpherson | ASIA, decentralised, Philippines