Innovative Feed-In Tariff Designs that Limit Policy Costs
- National Renewable Energy Lab. (NREL), Golden, CO (United States)
- E3 Analytics, Berlin (Germany)
Feed-in tariffs (FITs) are the most prevalent policy used globally to reduce development risks, cut financing costs, and grow the renewable energy industry. However, concerns over escalating costs in jurisdictions with FIT policies have led to increased attention on cost control. Using case studies and market-focused analysis, this report from the National Renewable Energy Laboratory (NREL) examines strengths and weaknesses of three cost-containment tools: (1) caps, (2) payment level adjustment mechanisms, and (3) auction-based designs. The report provides useful insights on containing costs for policymakers and regulators in the United States and other areas where FIT policies are in development.
- Research Organization:
- National Renewable Energy Lab. (NREL), Golden, CO (United States)
- Sponsoring Organization:
- USDOE Office of Energy Efficiency and Renewable Energy (EERE), Wind Program (EE-4W) (Wind Program Corporate)
- DOE Contract Number:
- AC36-08GO28308
- OSTI ID:
- 1219216
- Report Number(s):
- NREL/TP-6A20-50225; 5150
- Country of Publication:
- United States
- Language:
- English
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