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Promoting Investments on Renewable Energy Through the Feed-In Tariff Scheme: The Case of the Philippines

This essay looks into the formulation and implementation of feed-in tariff policy in the renewable energy sector in the Philippines and the issues and challenges associated with applying this policy to attract investments. Despite the feed-in tariff scheme being a key policy instrument, it took the Energy Regulatory Commission four years to have the scheme finalized and approved. Questions remain on whether the feed-in tariff scheme will lead to more investments and ultimately contribute to achieving energy security and optimal pricing in electricity.