The U.S. Department of Energy’s National Renewalbe Energy Laboratory (NREL), Golden, CO, published a report in July 2010 on Feed-in tariffs (FITs)—considered to be one of the most widely used policies in the world for accelerating renewable energy (RE) deployment. FITs accounti for a greater share of RE development than either tax incentives or renewable portfolio standard (RPS) policies (REN21 2009).
In total, FITs are responsible for approximately 75% of global PV and 45% of global wind deployment (Deutsche Bank 2010). Countries such as Germany, in particular, have demonstrated that FITs can be used as a powerful policy tool to drive RE deployment and help meet combined energy security and emissions reductions objectives (Germany BMU 2007). Download report: A Policymaker’s Guide to Feed-in Tariff Policy Design.