ERIA Holds the 1st WG Meeting on Financing Renewable Energy Development in EAS Countries
The 1st ERIA Working Group (WG) meeting on the project titled "Financing Renewable Energy Development in EAS Countries: A Primer of Effective Policy Instruments" was held on 6 January 2015, at ERIA annex office in Jakarta.
The WG is consisted of field experts in renewable energy financing issues from topic energy research institutes such as the Brunei National Energy Research Institute, the Chinese Academy of Social Sciences, the Energy Research Institute of Chulalongkorn University, the Energy Studies Institute of National University of Singapore, North China Electric Power University and ERIA, international financial institute such as the Asian Development Bank, as well as universities such as Nanyang Technological University, Ohio State University, and Southwestern University of Finance and Economics.
WG members presented research topics and sharpened the research ideas through discussion to duly reflect the key challenges and frontier issues of renewable energy policies in the East Asia Summit (EAS) region. The research will focus on policies which reduce perceived investment risks, remove institutional and legislative uncertainties (electricity market reform), determine the strength of fiscal incentives, and enable innovative business models and financial models, as well as how upstream policies and downstream policies on the RE value chain interacts, in this region. The proposed research will mainly focus on common policy issues in ASEAN countries, as well as studies dedicated to specific developing countries in the EAS region, such as Brunei, Cambodia, China, India and Thailand.
The research aims at identifying and updating the most effective policies in the Asian context, especially for ASEAN countries, China, and India. Specifically, it addresses what policies could effectively mitigate the most prominent risks for renewable energy investments and target the most promising financial mechanism in this region.
Details of the research topics and researchers are presented in the table below.