A Study of Incentive Policies for Building-Integrated Photovoltaic Technology in Hong Kong
Aotian Song,
Lin Lu,
Zhizhao Liu and
Man Sing Wong
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Aotian Song: Department of Building Services Engineering, Faculty of Construction and Environment, The Hong Kong Polytechnic University, Hong Kong, China
Lin Lu: Department of Building Services Engineering, Faculty of Construction and Environment, The Hong Kong Polytechnic University, Hong Kong, China
Zhizhao Liu: Department of Land Surveying and Geo-Information, Faculty of Construction and Environment, The Hong Kong Polytechnic University, Hong Kong, China
Man Sing Wong: Department of Land Surveying and Geo-Information, Faculty of Construction and Environment, The Hong Kong Polytechnic University, Hong Kong, China
Sustainability, 2016, vol. 8, issue 8, 1-21
Abstract:
Installing sustainable and renewable energy systems is a promising way of relieving Hong Kong’s dependence on imported fossil fuels. Solar photovoltaic (PV) technology is a perfect solution for Hong Kong as it fits the economic and geographic situation. Through a review of the PV development history of five leading PV countries, Germany, Japan, Italy, Mainland China, and the USA, this paper serves as a useful policy toolbox to aid PV development. Based on the forerunners’ successful PV industry experiences and Hong Kong’s unique local situations, a series of incentive strategies were proposed for Hong Kong to help promote the utilization of solar PV systems by reducing the initial investment and providing reasonable subsidies at the initial stages and during the operation period of the PV systems. These results could be a practical reference for promoting renewable energy applications for local policy-makers.
Keywords: building-integrated photovoltaic (BIPV); incentives; installation potential; investment subsidy; electricity grant; feed-in tariff (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:8:y:2016:i:8:p:769-:d:75579
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