Connect with us

Hi, what are you looking for?

CleanTechnica

Clean Power

Feed-in Tariffs Responsible for Three-Quarters of World’s Solar PV

FIT solar PVA new report out by the National Renewable Energy Laboratory (NREL) takes a close and deep look at feed-in tariff programs around the world.

Feed-in tariff programs exist in 75 countries, states and provinces around the world, and they are having a huge impact.

The 144-page report is titled “A Policymaker’s Guide to Feed-in Tariff Policy Design” and is clearly the biggest study on feed-in tariffs conducted by any U.S. government agency.


One interesting finding from the report is that, counter to what many have assumed and argued, FIT programs facilitate competition in the market rather than discouraging it:

The NREL report also destroys many of the myths surrounding feed-in tariffs. One myth, for example, is that FIT policies discourage competition. On the contrary, says NREL, the scramble for market share under feed-in tariff polices in Germany, France, and Spain has driven increased private sector research and development, spurring innovation and technological cost reductions.

Another big finding is that FITs are responsible for 75% of all solar PV and 45% of all wind development worldwide.

The report also discusses the need to differentiate tariffs by resource intensity, something that has worked very well in Germany and France and which is now being done in Switzerland.

Of course, there is a lot more in this huge FIT report. To find out more, visit the link above. You can also view a video of a roundtable discussion about the report on the NREL website.

For more on FITs, read:

1. UK Solar Market to Increase 5x This Year and 30x by 2015?

2. Australians Will Be Able to Earn $10,000 a Year Supplying Grid From Rooftop Solar

3. Hawaii Follows California with a Renewable Energy Feed-in Tariff

Photo Credit: Trebosc via flickr

 
 
 
Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Advertisement
 
Written By

Zach is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], ChargePoint [CHPT], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], Albemarle Corporation [ALB], Nouveau Monde Graphite [NMGRF], Talon Metals [TLOFF], Arclight Clean Transition Corp [ACTC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.

Comments

You May Also Like

Clean Power

An ultrathin protective coating proves sufficient to protect a perovskite solar cell from the harmful effects of space and harden it against environmental factors...

Buildings

PR100 Update Provides Early Scenarios to Help Increase Renewable Energy Capabilities That Meet Electricity Demand, Improve Grid Reliability and Resilience, and Lower Energy Costs

Clean Power

Today, the National Offshore Wind Research and Development Consortium (NOWRDC) released a report identifying how the United States can develop a robust and equitable...

Batteries

The solid-state EV battery of the future is not quite there yet, but BMW Group has seen enough to nail down an R&D partnership...

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.