Tax Incentive Policy for Geothermal Development: A Comparative Analysis in ASEAN
This paper examines tax incentive policies in geothermal industries in ASEAN to better understand the development of geothermal industry investment in the ASEAN Member States (AMS) using a qualitative method. The results indicate that tax incentive policies have supported the investment climate and...
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Diponegoro University
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doaj-38bb322df2c443d988d66bab8a2faf5b2021-01-02T15:11:07ZengDiponegoro UniversityInternational Journal of Renewable Energy Development2252-49402252-49402020-02-0191536210.14710/ijred.9.1.53-6216119Tax Incentive Policy for Geothermal Development: A Comparative Analysis in ASEANMohammad Zainul Abidin0Haula Rosdiana1Roy Valiant Salomo2Fiscal Policy Agency, Ministry of FinanceFaculty of Administrative Science, Universitas IndonesiaFaculty of Administrative Science, Universitas IndonesiaThis paper examines tax incentive policies in geothermal industries in ASEAN to better understand the development of geothermal industry investment in the ASEAN Member States (AMS) using a qualitative method. The results indicate that tax incentive policies have supported the investment climate and the development of geothermal industries in the AMS. Geothermal investments and production capacities in AMS have increased significantly. AMS that provide geothermal tax incentives include Indonesia, Lao PDR, the Philippines, Thailand and Vietnam. The performance of geothermal tax incentive policies is reflected in the level of utilization of geothermal potential, which is higher in states that provide greater tax incentives. The results also indicate that geothermal power plants in AMS use dry steam, flash and binary cycle technologies with flash plants being the most common. Results suggest that the future development of geothermal energy in AMS will be related to the tax incentive policy and investment climate in those states. Furthermore, the granting of various types of tax incentives should be focused on the initial investment in geothermal development. ©2020. CBIORE-IJRED. All rights reservedhttps://ejournal.undip.ac.id/index.php/ijred/article/view/23633policy analysistax incentivegeothermal industryenergy developmentinvestment. |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Mohammad Zainul Abidin Haula Rosdiana Roy Valiant Salomo |
spellingShingle |
Mohammad Zainul Abidin Haula Rosdiana Roy Valiant Salomo Tax Incentive Policy for Geothermal Development: A Comparative Analysis in ASEAN International Journal of Renewable Energy Development policy analysis tax incentive geothermal industry energy development investment. |
author_facet |
Mohammad Zainul Abidin Haula Rosdiana Roy Valiant Salomo |
author_sort |
Mohammad Zainul Abidin |
title |
Tax Incentive Policy for Geothermal Development: A Comparative Analysis in ASEAN |
title_short |
Tax Incentive Policy for Geothermal Development: A Comparative Analysis in ASEAN |
title_full |
Tax Incentive Policy for Geothermal Development: A Comparative Analysis in ASEAN |
title_fullStr |
Tax Incentive Policy for Geothermal Development: A Comparative Analysis in ASEAN |
title_full_unstemmed |
Tax Incentive Policy for Geothermal Development: A Comparative Analysis in ASEAN |
title_sort |
tax incentive policy for geothermal development: a comparative analysis in asean |
publisher |
Diponegoro University |
series |
International Journal of Renewable Energy Development |
issn |
2252-4940 2252-4940 |
publishDate |
2020-02-01 |
description |
This paper examines tax incentive policies in geothermal industries in ASEAN to better understand the development of geothermal industry investment in the ASEAN Member States (AMS) using a qualitative method. The results indicate that tax incentive policies have supported the investment climate and the development of geothermal industries in the AMS. Geothermal investments and production capacities in AMS have increased significantly. AMS that provide geothermal tax incentives include Indonesia, Lao PDR, the Philippines, Thailand and Vietnam. The performance of geothermal tax incentive policies is reflected in the level of utilization of geothermal potential, which is higher in states that provide greater tax incentives. The results also indicate that geothermal power plants in AMS use dry steam, flash and binary cycle technologies with flash plants being the most common. Results suggest that the future development of geothermal energy in AMS will be related to the tax incentive policy and investment climate in those states. Furthermore, the granting of various types of tax incentives should be focused on the initial investment in geothermal development. ©2020. CBIORE-IJRED. All rights reserved |
topic |
policy analysis tax incentive geothermal industry energy development investment. |
url |
https://ejournal.undip.ac.id/index.php/ijred/article/view/23633 |
work_keys_str_mv |
AT mohammadzainulabidin taxincentivepolicyforgeothermaldevelopmentacomparativeanalysisinasean AT haularosdiana taxincentivepolicyforgeothermaldevelopmentacomparativeanalysisinasean AT royvaliantsalomo taxincentivepolicyforgeothermaldevelopmentacomparativeanalysisinasean |
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