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Title: Policymaker's Guide to Feed-in Tariff Policy Design

Abstract

Feed-in tariffs (FITs) are the most widely used renewable energy policy in the world for driving accelerating renewable energy (RE) deployment, accounting for a greater share of RE development than either tax incentives or renewable portfolio standard (RPS) policies. FITs have generated significant RE deployment, helping bring the countries that have implemented them successfully to the forefront of the global RE industry. In the European Union (EU), FIT policies have led to the deployment of more than 15,000 MW of solar photovoltaic (PV) power and more than 55,000 MW of wind power between 2000 and the end of 2009. In total, FITs are responsible for approximately 75% of global PV and 45% of global wind deployment. Countries such as Germany, in particular, have demonstrated that FITs can be used as a powerful policy tool to drive RE deployment and help meet combined energy security and emissions reductions objectives. This policymaker's guide provides a detailed analysis of FIT policy design and implementation and identifies a set of best practices that have been effective at quickly stimulating the deployment of large amounts of RE generation. Although the discussion is aimed primarily at decision makers who have decided that a FIT policy bestmore » suits their needs, exploration of FIT policies can also help inform a choice among alternative renewable energy policies.« less

Authors:
; ; ;
Publication Date:
Research Org.:
National Renewable Energy Lab. (NREL), Golden, CO (United States)
Sponsoring Org.:
USDOE
OSTI Identifier:
984987
Report Number(s):
NREL/TP-6A2-44849
TRN: US201016%%1891
DOE Contract Number:  
AC36-08GO28308
Resource Type:
Technical Report
Country of Publication:
United States
Language:
English
Subject:
29 ENERGY PLANNING, POLICY AND ECONOMY; 32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION; DESIGN; ENERGY POLICY; EUROPEAN UNION; EXPLORATION; FEDERAL REPUBLIC OF GERMANY; IMPLEMENTATION; SECURITY; TARIFFS; WIND POWER; NREL; FEED-IN TARIFF; FIT; RENEWABLE PORTFOLIO STANDARD; RPS; RENEWABLE ENERGY CERTIFICATE; REC; ELECTRICITY; EUROPE; RENEWABLE ENERGY MARKETS; LEVELIZED COST; FIT POLICY; Energy Analysis

Citation Formats

Couture, T D, Cory, K, Kreycik, C, and Williams, E. Policymaker's Guide to Feed-in Tariff Policy Design. United States: N. p., 2010. Web. doi:10.2172/984987.
Couture, T D, Cory, K, Kreycik, C, & Williams, E. Policymaker's Guide to Feed-in Tariff Policy Design. United States. https://doi.org/10.2172/984987
Couture, T D, Cory, K, Kreycik, C, and Williams, E. 2010. "Policymaker's Guide to Feed-in Tariff Policy Design". United States. https://doi.org/10.2172/984987. https://www.osti.gov/servlets/purl/984987.
@article{osti_984987,
title = {Policymaker's Guide to Feed-in Tariff Policy Design},
author = {Couture, T D and Cory, K and Kreycik, C and Williams, E},
abstractNote = {Feed-in tariffs (FITs) are the most widely used renewable energy policy in the world for driving accelerating renewable energy (RE) deployment, accounting for a greater share of RE development than either tax incentives or renewable portfolio standard (RPS) policies. FITs have generated significant RE deployment, helping bring the countries that have implemented them successfully to the forefront of the global RE industry. In the European Union (EU), FIT policies have led to the deployment of more than 15,000 MW of solar photovoltaic (PV) power and more than 55,000 MW of wind power between 2000 and the end of 2009. In total, FITs are responsible for approximately 75% of global PV and 45% of global wind deployment. Countries such as Germany, in particular, have demonstrated that FITs can be used as a powerful policy tool to drive RE deployment and help meet combined energy security and emissions reductions objectives. This policymaker's guide provides a detailed analysis of FIT policy design and implementation and identifies a set of best practices that have been effective at quickly stimulating the deployment of large amounts of RE generation. Although the discussion is aimed primarily at decision makers who have decided that a FIT policy best suits their needs, exploration of FIT policies can also help inform a choice among alternative renewable energy policies.},
doi = {10.2172/984987},
url = {https://www.osti.gov/biblio/984987}, journal = {},
number = ,
volume = ,
place = {United States},
year = {Thu Jul 01 00:00:00 EDT 2010},
month = {Thu Jul 01 00:00:00 EDT 2010}
}