Brunei takes the renewable energy path

solarpanelsinbruneiThe Sultanate of Brunei announced on September 9 announced that it will introduce a feed-in tariff model for renewable energy in the nation in order to reach its goal of achieving a 10 per cent renewable energy output by 2035 – one of a number of objectives outlined in the upcoming Energy White Paper of Brunei’s Ministry of Energy.

The model should also bring financial benefit to Bruneian citizens who install solar panels on their homes, giving homeowners a personal stake in the development of renewable energy in the country, the ministry said.

The production and export of crude oil and natural gas currently accounts for 90 per cent of Brunei’s GDP, yet with its tropical equatorial climate, solar power is an equally abundant – but as yet widely untapped – source of energy.

The ministry hopes that solar power will attract private sector investment to aid the deployment of the required infrastructure.

The feed-in tariffs would be complemented by the development of smart grids to help the sector take root.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

The Sultanate of Brunei announced on September 9 announced that it will introduce a feed-in tariff model for renewable energy in the nation in order to reach its goal of achieving a 10 per cent renewable energy output by 2035 – one of a number of objectives outlined in the upcoming Energy White Paper of Brunei’s Ministry of Energy. The model should also bring financial benefit to Bruneian citizens who install solar panels on their homes, giving homeowners a personal stake in the development of renewable energy in the country, the ministry said. The production and export of crude oil...

solarpanelsinbruneiThe Sultanate of Brunei announced on September 9 announced that it will introduce a feed-in tariff model for renewable energy in the nation in order to reach its goal of achieving a 10 per cent renewable energy output by 2035 – one of a number of objectives outlined in the upcoming Energy White Paper of Brunei’s Ministry of Energy.

The model should also bring financial benefit to Bruneian citizens who install solar panels on their homes, giving homeowners a personal stake in the development of renewable energy in the country, the ministry said.

The production and export of crude oil and natural gas currently accounts for 90 per cent of Brunei’s GDP, yet with its tropical equatorial climate, solar power is an equally abundant – but as yet widely untapped – source of energy.

The ministry hopes that solar power will attract private sector investment to aid the deployment of the required infrastructure.

The feed-in tariffs would be complemented by the development of smart grids to help the sector take root.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

NO COMMENTS

Leave a Reply