Brunei takes the renewable energy path
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 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.
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...
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 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.