Solar & Battery Regulation & Incentive Programs
Note: The Federate States of Micronesia are a United States associated state.
In 2012, the Federate States of Micronesia (Yap, Chuuk, Pohnpei and Kosrae) put in place an energy policy, which calls for a 30 percent reduction in use of fossil fuels and 50 percent increase in energy efficiency by 2020.
In addition, it sets broad goals of:
1. Provision of affordable and safe electricity to all the households in the main island center by 2015.
2. Electrification of 80% of rural public facilities by 2015.
3. Electrification of 90% of rural households by 2020.
4. Enhance the supply side energy efficiency of the FSM by 20% by 2015.
The "National Vision" for energy is: "To improve the life and livelihood of all FSM citizens with affordable, reliable and environmentally sound energy." The "National Objective" is: "to promote the sustainable social and economic development of FSM through the provision and utilization of cost-effective, safe, reliable and sustainable energy services."
In line with this the FSM has a focal area of disadvantage and or geographically remote communities.
Name | Enacted Date | Effective Date | Expired Date |
---|---|---|---|
FSM Energy Policy Volume 1. | 01/01/2015 | 05/21/2015 | 12/31/2020 |