Feed-in Tariff (FiT) in Malaysia Part 1

Feed-in Tariff (FiT) is among the most effective policy instrument to encourage the development of renewable energy in a country.

Facts:

1. FiT is simply a guaranteed price established for anyone who wants to sell renewable electricity to the grid, and a guarantee that they will have access to grid to do so.
2. The price, or tariff is set so that a modest profit is ensured, thereby unleashing the collective capital resources of the entire province, state or country to be part of the transition to renewable energy.
3.  Any incremental cost of purchasing the renewable energy is shared among all consumers of that energy.

Climate Change and Renewable Energies In Malaysia

Have you ever imagine, the days when our country’s oil and natural gas supply come to an end?

Have you ever think of, the fuel that we are using to move around by car, and the generation of electricity supply is coming from burning of fossil fuel which causes global warming and climate change?

Source: http://assets.knowledge.allianz.com

MEKANISME ‘FIT’ BAGI MENGURANGKAN PEMANASAN GLOBAL

Panel Antara Kerajaan tentang Perubahan Iklim (Intergovernmental Panel on Climate Change, IPCC) dalam 2007 Climate Change Synthesis Report melaporkan bahawa pemanasan global adalah benar dan sedang berlaku.

IPCC juga menyatakan bahawa 60 peratus daripada jumlah karbon dioksida yang dilepaskan adalah daripada sektor tenaga.

Melalui peningkatan suhu yang dapat diperhatikan dalam purata suhu udara dan laut sedunia, kecairan ais dan salji yang berleluasa dan peningkatan purata paras air laut sedunia jelas menunjukkan pemanasan global sedang berlaku.