|
|
|
Overcomes barriers: guarantees
grid access; premium price guarantees support for the technology; 20-year
tariff periods allow full investor confidence. |
|
|
|
Supports installations of
different sizes and technologies: In addition to large RE projects for wind,
solar etc, householders can now get a guaranteed payback on a solar roof in
just a few years, rather than 20-30 years. The 100,000 solar roof programme
helped meet costs with subsidies. |
|
|
|
Promotes innovation: Annual reduction of tariffs for
new installations drives technological efficiency. |
|
|
|
Drives economies of scale:
investment and demand are rising, and manufacturing expansion is taking place
globally in response, lowering costs further. |
|
|
|
Promotes stability: Change of
government does not affect system, as it does not cost taxpayers anything
through taxes, and so cannot be cut from national budget. |
|
|
|
Promotes public support:
Through public participation in the scheme, no direct taxpayer costs, support
for the nuclear phase-out, and awareness levels being very high in general. |
|
|
|
All possible when implemented properly! |
|
|
|
|
|
|
|
|
|
“Renewable 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.” |
|
- Paul Gipe, Renewable Energy
Policy Mechanisms. |
|
|
|
“To 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.” |
|
- Janet L. Sawin, National
Policy Instruments: Policy Lessons for the Advancement & Diffusion of
Renewable Energy Technologies Around the World. |
|
|
|
“…until 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? |
|
|
|
“…only 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.” |
|
- Hermann Scheer, On the
future of national support for renewable energy in Europe. |
|
|
|
Ongoing environmental damage
from CO2 already released |
|
Ongoing, unpredictable price
rises for conventional energy |
|
Threats to livelihoods and
national productivity from energy shortfalls through high prices and poor
grid investment |
|
|
|
Technological advances will
make RE cost-competitive with conventional fuels within a decade. |
|
Huge global markets for exports |
|
Increasing public support for
RE as climate change accelerates |
|
Global cooperation over clean
energies |
|
New emissions reduction
protocol |
|
Switch to renewables -
inevitable |
|
|
|
|