Feed-in tariff

A feed-in tariff (FIT, FiT, standard offer contract,[1] advanced renewable tariff,[2] or renewable energy payments[3]) is a policy mechanism designed to accelerate investment in renewable energy technologies by offering long-term contracts to renewable energy producers.[1][4] This means promising renewable energy producers an above-market price[5] and providing price certainty and long-term contracts that help finance renewable energy investments.[4][6] Typically, FITs award different prices to different sources of renewable energy in order to encourage the development of one technology over another. For example, technologies such as wind power and solar PV[7] are awarded a higher price per kWh than tidal power. FITs often include a "digression": a gradual decrease of the price or tariff in order to follow[4]: 25  and encourage technological cost reductions.[1]: 100 [8]

  1. ^ a b c Couture, T., Cory, K., Kreycik, C., Williams, E., (2010). Policymaker's Guide to Feed-in Tariff Policy Design. National Renewable Energy Laboratory, U.S. Dept. of Energy
  2. ^ Cite error: The named reference wind-works.org was invoked but never defined (see the help page).
  3. ^ Environmental and Energy Study Institute. "Environmental and Energy Study Institute Renewable Energy Payments Briefing". Eesi.org. Archived from the original on 2012-07-16. Retrieved 2013-12-15.
  4. ^ a b c Couture, T., Gagnon, Y. (2010). "An analysis of feed-in tariff remuneration models: Implications for renewable energy investment". Energy Policy. 38 (2): 955–965. doi:10.1016/j.enpol.2009.10.047.{{cite journal}}: CS1 maint: multiple names: authors list (link)
  5. ^ "What Is a Feed-In Tariff (FIT)?".
  6. ^ "Paying for renewable energy" (PDF). Dbadvisors.com. Archived from the original (PDF) on 2011-10-05. Retrieved 2013-12-15.
  7. ^ Kaunda, Salim (2014-10-01). "Understanding Electricity Tariffs". Academia.edu. Retrieved 2016-03-22.
  8. ^ "sunfeed.net". sunfeed.net. Archived from the original on 2012-05-10.

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