South Korea: Local Energy Program

The central government provides fiscal incentives and support to local government programs fostering the use of renewable energy technologies.  These are aimed to help defray the high initial start-up costs of renewable technologies.

Status: In Force; Voluntary

References: http://www.un.org/esa/agenda21/natlinfo/countr/repkorea/HSetkorea04f.pdf

South Korea: Renewable Power Generation Subsidy

Korea uses incentives and subsidies to compensate for the difference between the base price and the system marginal price for each new and renewable energy source. It is considering extending the incentives to tidal power, fuel cells and biomass technologies as well.

Date Implemented: 2002, extended 2003

Status: In Force; Voluntary

South Korea: Development of Renewables

The Ministry of Commerce, Industry and Energy (MOCIE) invested in the research and development of renewable energy sources

Date Implemented: 2002

Status: In Force; Voluntary

Funding Information: Over KRW 71 billion

South Korea: Promotion Act for New & Renewable Energy Development, Utilization & Dissemination + Formation of Market Demand for Renewable Energy and Improvement in its Economics (Alternative Energy Act)

Philippines: Investment Priorities Plan (IPP)

This plan outlines the sectors in which the Filipino government is actively promoting investment with incentives and a favorable regulatory framework. Activities promoted include the development of alternative energy sources and natural gas resources, as well as, for example, manufacturing items for export and building housing developments.

Date Implemented: 2004

Status: In Force; Voluntary

Philippines: Executive Order 462

This executive order provides incentives and support for the exploration and development of ocean, solar and wind energy resources for power generation.

Status: In Force; Voluntary

References: “New and Renewable Energy Resource Development;” Country Analysis Brief: Philippines

Philippines: Philippine Energy Plan

Pakistan: National Environmental Policy

Nigeria: National Energy Policy

The National Energy Policy establishes guidelines for the protection of the environment in the exploitation of Nigeria’s fossil fuels.  It also emphasizes the exploration of renewable and alternative energy sources, primarily solar, wind and biomass.

References: http://www.un.org/esa/agenda21/natlinfo/countr/nigeria/inst.htm

Costa Rica: Ley Nº 7200 para la utilización racional y uso alternativo de fuentes de energía, as modified by Ley Nº 7508 (1995)

This Law allows the participation of private enterprises in power generation where the sources are renewable (geothermal, hydro and solar are specifically mentioned), the capacity does not exceed 50MW, and 35% of the share capacity is locally owned.

Date Implemented: 1990

Status: In Force; Voluntary