Technical paper
Research points to most viable options for renewable energy under Feed-In Tariff in Hong Kong
Published
13 Feb 2021
Authors
Jackson T C Tsui and Dennis Y C Leung
DOI
10.33430/V29N3THIE-2021-0003
Like many cities across the world, Hong Kong has created a Feed-in Tariff (FIT) scheme to encourage development of renewable energy sources. Research shows that solar panels are a good solution in any case and wind turbines can be considered in some circumstances.
To reduce pollution and the overall carbon footprint, the government of Hong Kong has created Feed-in Tariff (FIT) schemes to provide incentives for renewable energy development. To assess the best solutions under the schemes, two prominent energy technologies, solar panels (PV) and wind turbines, were researched as options for hypothetical housing developments in several areas in Hong Kong.
Looking at the revenues and payback periods realised per FIT scheme of different power companies, it became clear that solar panels are a sensible option for installation within the city’s central areas. On the outlying islands, like Cheung Chau, both solar panels and wind turbines are viable options.
To establish a broad view, the researchers looked at two different types of solar panels (monocrystalline and amorphous silicon PVs) and two types of wind turbines (horizontal and vertical). To learn more, read the report available as a download.