Quotes on FITs
¥ ÒRenewable Tariffs have proven the most successful mechanism for stimulating investment in renewable electricity generation worldwide. Renewable Tariffs have resulted in more installed generating capacity and more robust competition among manufacturers and have stimulated more renewable technology development than any other policy mechanism.Ó
¥ - Paul Gipe, Renewable Energy Policy Mechanisms.
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¥ ÒTo date, feed-in or pricing systems have been responsible for most of the additions in renewable energy capacity and generation, while also driving down costs through technology advancement and economies of scale, and developing domestic industries and jobs. Pricing systems, where well-implemented, have provided increased predictability and consistency in markets, which in turn has encouraged banks and other financial institutions to provide the capital required for investment, and has attracted private investment for R&D.Ó
¥ - Janet L. Sawin, National Policy Instruments: Policy Lessons for the Advancement & Diffusion of Renewable Energy Technologies Around the World.
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¥ ÒÉuntil now so called renewable energy feed-in tariffs (REFITs) have shown the best effectiveness concerning the creation of new RES installations.
¥ - Mischa Bechberger and Danyel Reiche, Good Environmental Governance for Renewable Energies – The Example of Germany – Lessons for China?
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¥ ÒÉonly a model based on guaranteed feed-in tariffs enables a quick and broad implementation of renewable energy, better supports its technological development, as well as more efficiently promotes cost reduction.Ó
¥ - Hermann Scheer, On the future of national support for renewable energy in Europe.