Feed-in tariff: Difference between revisions
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Many countries provide a “feed-in tariff” (FIT) or “standard offer” to subsidize expensive energy sources such as wind, which can not otherwise compete with other sources on price or [[Capacity value|value]]. The FIT sets a price that utilities must pay for electricity from, e.g., wind turbines. It also obligates the utilities to accept all wind power whenever it is generated (which is determined by the wind rather than actual customer need). | Many countries provide a “feed-in tariff” (FIT) or “standard offer” to subsidize expensive energy sources such as wind, which can not otherwise compete with other sources on price or [[Capacity value|value]]. The FIT sets a price that utilities must pay for electricity from, e.g., wind turbines. It also obligates the utilities to accept all wind power whenever it is generated (which, problematically, is determined by the wind rather than actual customer need). | ||
Some states in the USA also provide a | Some states in the USA also provide a “standard offer” for certain facilities.[http://programs.dsireusa.org/system/program] | ||
''See also:'' | ==''See also:''== | ||
* [[Renewable portfolio standard]] | * [[Renewable portfolio standard]] | ||
* [[Renewable energy certificates]] | * [[Renewable energy certificates]] | ||
* [[Production tax credit]] | * [[Production tax credit]] | ||
Latest revision as of 16:34, 28 May 2018
Many countries provide a “feed-in tariff” (FIT) or “standard offer” to subsidize expensive energy sources such as wind, which can not otherwise compete with other sources on price or value. The FIT sets a price that utilities must pay for electricity from, e.g., wind turbines. It also obligates the utilities to accept all wind power whenever it is generated (which, problematically, is determined by the wind rather than actual customer need).
Some states in the USA also provide a “standard offer” for certain facilities.[1]