Do High Feed-in Tariffs for Solar PV Panels Hinder Competition (Japanese)

Format:Print
| Language:Japanese

Abstract

In Japan, feed-in-tariffs (FIT) are a key policy tool that has been deployed to produce the mass diffusion of photovoltaices (PV). In this study, we argue that this policy is unlikely to induce sustainable economic growth, which some use as a justification for FIT. We show that the import share of PV has actually increased. Additionally, to assess the lack of decrease in PV prices after the introduction of FIT, we use a search model to indicate that FIT may introduce forces that hinder the decrease in prices.

Citation

Nomura, Koji, and Tomomichi Amano. "Do High Feed-in Tariffs for Solar PV Panels Hinder Competition (Japanese)." Development Bank of Japan, Research Center on Global Warming Discussion Paper Series, no. 49, April 2014.