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.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.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? 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.