General Information
    • ISSN: 1793-821X
    • Frequency: Quarterly (2013-2014); Bimonthly (Since 2015)
    • DOI: 10.18178/JOCET
    • Editor-in-Chief: Prof. Haider F. Abdul Amir
    • Executive Editor: Ms. Jennifer Zeng
    • Abstracting/ Indexing: EI (INSPEC, IET), Electronic Journals Library, Chemical Abstracts Services (CAS), Ulrich's Periodicals Directory, Google Scholar, ProQuest.
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  • Nov 15, 2018 News! JOCET Vol. 6, No. 6 is available online now.   [Click]
  • Sep 20, 2018 News! JOCET Vol. 6, No. 5 is available online now. 7 papers which cover 2 specific areas are published in this issue.   [Click]
School of Science and Technology Universiti Malaysia Sabah, Malaysia.
I would like to express my appreciation to all authors, reviewers and edtors.
JOCET 2018 Vol.6(1): 83-86 ISSN: 1793-821X
DOI: 10.18178/JOCET.2018.6.1.439

Policy Proposal Related to Solar Power Generation System Using Real Option Analysis

Yoshihiko Yamada and Ryuji Matsuhashi
Abstract—A FIT system obligating a power transmission and distribution company to procure renewable energy in fixed time and price began due to a Fukushima Daiichi nuclear disaster. However, a national burden becomes heavy and a renewable energy introduction is delayed owing to some reasons. In this paper, we aim to be compatible with easing the national burden and stimulating an investment. Furthermore, we evaluate an optimal certification period and a new system to replace the FIT using a real option analysis.

Index Terms—FIT, renewable energy, real option analysis, energy policy.

The authors are with Dept. of Electrical Engineering and Information System, the University of Tokyo, Japan (e-mail:,


Cite:Yoshihiko Yamada and Ryuji Matsuhashi, "Policy Proposal Related to Solar Power Generation System Using Real Option Analysis," Journal of Clean Energy Technologies vol. 6, no. 1, pp. 83-86, 2018.

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