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The government has started a review of the feed-in-tariff (FIT) system under which the nation’s major power companies in principle have to buy electricity generated by solar, wind, geothermal and medium- to small-scale hydro power and biomass at fixed prices.

According to the trade and industry ministry, from July 1, 2012, when the system was started, to the end of this past October, 5.852 million kW of electricity from green energy sources were introduced — equivalent to electricity produced by five large nuclear power plants. The figure compares with 20.6 million kW of electricity from renewable energy sources prior to the start of the FIT system.

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