Transcript Fossil Fuel Taxation in Seychelles

Mamy Razanajatovo
Principal Officer for Energy Policy and Planning
Seychelles Energy Commission
Email: [email protected]
UNOSD Capacity Development Workshop on Taxation Policy for Fossil Fuel and Renewable
Energy for IO and African SIDS, Mauritius 12-16 May 2014

Population:
88,311
Total Land Area: 456 km2

Maritime EEZ:

GDP (at current prices for 2010)

Per capita GDP:

•

(Census of Aug.2010)
Over 1 million km2
Million SCR 11,621
Million US$
915
US$ 10,193
Number of households:
22,100
Average Size of Household: 4 persons/household
Consuls Conference at Ephélia Resort, 25th October
2011
Seychelles Energy Commission
2
UNOSD Capacity Development Workshop on Taxation Policy
for Fossil Fuel and Renewable Energy for IO and African
SIDS, Mauritius 12-16 May 2014
Structure of Primary Energy
Supply in 2010
Primary Energy Supply
= Production + Imports
- Exports
- International Marine
Bunkers
± Stock Changes
Motor
LPG
Gasoline
3%
9%
Fuel Oil
29%
Jet A-1
Kerosene
30%
Gas/Diesel
Oil
29%
= 167 000 TOE in 2010
Seychelles Energy Commission
4
Domestic Aviation
1%
Domestic
Navigation
1%
International
Aviation
28%
Road Transports
18%
Residential
2%
Commerce (Hotels &
Businesses)
1%
Electricity Generation
(PUC)
37%
Autoproducers of
electricity
10%
Industry
(Food&Beverg)
2%
Seychelles Energy Commission
5
Structure of FEC by energy form in 2010
LPG Motor
4% Gasoline
12%
Fuel
Oil
3%
Electricity
24%
Gas Oil
16%
Jet A-1
Kerosene
41%
Seychelles Energy Commission
Final Energy Consumption by Sector in
2010
Domestic Agricultu
9%
re
1%
Industry
11%
Services
11%
Transport
68%
6
Main Goal:
 To Develop a Sustainable Energy sector
Objectives:
 To Reduce Dependence on Oil
(Seychelles is presently 100% dependent on oil)

To Increase Energy Efficiency
(Reduce energy losses and wastages in all sectors)

To Increase the share of Renewable Energy in the energy
supply mix
Seychelles Energy Commission
7
 5%
of RE by 2020 in the Final Energy
 15%
of RE by 2030 in the Final Energy
 100%
of RE in the long-term in the Final Energy
Seychelles Energy Commission
8

Power Purchase Agreement

Feed-in tariffs for different RE sources

Fiscal incentives on imports of RE equipment
(Exemption of
GST: GST Amendment No.3, Regulations, 2010: 163F. )
Seychelles Energy Commission
9

Model Power Purchase Agreement to be
studied/prepared

Feed-In Tariffs for Solar PV and others to be studied/
prepared

Grid absorption capacity to be studied

The Energy Commission in preparation phase
Seychelles Energy Commission
10

Increased from 185,000 to 233,000 tonnes from 1995 to 2000

An increase of 26%

1 key sector for abating GHG in Seychelles is: Electricity
Generation
250000
200000
150000
Others
Road Transport
100000
Elec Gen
50000
0
1995
Consuls Conference at Ephélia Resort, 25th October
2011
2000
Seychelles Energy Commission
11
UNOSD Capacity Development Workshop on Taxation Policy
for Fossil Fuel and Renewable Energy for IO and African
SIDS, Mauritius 12-16 May 2014
Retail Price of L.P.G
18
16
14
4.13
3.94
2.94
12
SR/Kg
4.13
3.99
4.52
3.75
3.73
2
2
2
0.33
10
0.33
8
6
12.37
11.96
12.37
10.91
10.39
11.25
11.18
0.44
0.3
0.3
8
8.03
8.03
1997
1998
1999
11.81
10.5
10.5
10.5
10
4
9
2
0
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
Year
Retail Price Without Tax
UNOSD Capacity Development Workshop on Taxation Policy
for Fossil Fuel and Renewable Energy for IO and African
SIDS, Mauritius 12-16 May 2014
Tax
1996
2000
Retail Price of Gasoil
6
5
SR/l
4
3.17
3
2.11
2.24
2.24
2.44
2.44
2.44
2.44
2.44
2.44
2.44
2.44
2.44
2.44
2.44
2.44
1.83
1.83
1.83
1.83
1.83
1.83
1.83
1.83
1.83
1.83
1.83
1.83
1.83
1.83
1.83
1.83
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2
1
0
Year
Retail Price Without Tax
UNOSD Capacity Development Workshop on Taxation Policy
for Fossil Fuel and Renewable Energy for IO and African
SIDS, Mauritius 12-16 May 2014
Tax
2000
Retail Price of Gasoline
8
7
6
SR/l
5
3.65
3.16
3.16
3.16
3.16
3.16
3.16
3.16
3.16
3.16
3.35
3.35
3.35
3.35
3.35
3.35
3.35
3.35
3.35
3.35
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
4
2.79
2.89
2.89
3.13
3.13
3.13
3
2
1
2.08
2.08
2.08
2.08
2.08
2.08
1984
1985
1986
1987
1988
1989
0
Year
Retail Price Without Tax
UNOSD Capacity Development Workshop on Taxation Policy
for Fossil Fuel and Renewable Energy for IO and African
SIDS, Mauritius 12-16 May 2014
Tax
2000
Retail Price of Kerosene
6
5
SR/litre
4
3.09
3
2
0.18
0.28
0.28
0.38
0.38
0.38
0.38
0.29
0.29
0.29
0.29
0.29
0.29
0.29
0.29
1
1.82
1.82
1.82
1.82
1.82
1.82
1.82
1.91
1.91
1.91
1.91
1.91
1.91
1.91
1.91
1.91
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
0
Year
Retail Price Without Tax
UNOSD Capacity Development Workshop on Taxation Policy
for Fossil Fuel and Renewable Energy for IO and African
SIDS, Mauritius 12-16 May 2014
Tax
2000
Retail Price Structure for Petroleum Fuels in 2014
35
30
25
20
Tax
SR/L
Price Excl tax
15
10
5
0
Gasoline
Gasoil
UNOSD Capacity Development Workshop on Taxation Policy
for Fossil Fuel and Renewable Energy for IO and African
SIDS, Mauritius 12-16 May 2014
Kerosene
HFO
Contact:
Seychelles Energy Commission
Unity House, Block B, 3rd Floor, Room 307-308
Victoria, Mahé, Seychelles
Email: [email protected]
Tel: +248. 4610822
Seychelles Energy Commission
18