Global Renewable Energy Policy Feed-in-Tariff (FiT) Analysis – Installed Capacity and Targets, 2014-2025
Renewable energy refers to the energy obtained from nonconventional, inexhaustible, replenishable energy resources, such as wind, sunlight, hydropower, tides, and biomass. The focus on renewable energy has increased recently due to the rising global pollution and environmental concerns. To support the production of renewable energy, governments across the globe have formulated several policies, regulations, and schemes providing support to renewable energy producers in the form of tax incentives and funds. One such policy is the Feed-in-Tariff or FiT.
Request Sample: https://www.progressivemarkets.com/request-sample/renewable-energy-policy-feed-in-tariff-fit-analysis-market
According to this policy, all the renewable energy producers, including farmers, home owners, private investors, and business owners should be paid a cost-based price for the renewable energy that they supply to the grid. The tariff to be paid differs with the type of technology, amount of energy produced, location, region, and size.
Based on technology, the market is divided into solar, wind, bioenergy, and geothermal sectors. On the basis of tariff period, market segmentation includes less than 5 years, 610 years, 1115 years, 1620 years, 2125 years, and more than 25 years. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Get Customized Report: https://www.progressivemarkets.com/request-customization/renewable-energy-policy-feed-in-tariff-fit-analysis-market
Market Dynamics:
Drivers:
- Increment in the number of jobs and positive impact of FiT on economic growth is encouraging the adoption of renewable energy technologies.
- Growing environmental concerns along with the need to reduce dependency on fossil fuels is supporting the growth of the renewable energy market.
Restraints:
- Initial costs of switching to renewable energy and the installation costs are high, which hinders market growth.
Market Players:
The top players involved in the global renewable energy policy FiT analysis include First Solar, Inc., SunEdison Inc., Martifier Solar, Gamesa Corporacin Tecnolgica, M.A. Mortenson Company, Inc., AMEC Foster Wheeler PLC, Prenecon Prime Energy Constructions S. A., Black & Veatch Holding Company, Suzlon Energy Ltd., and Ormat Technologies Inc.
Enquire About Report: https://www.progressivemarkets.com/enquiry-about-report/renewable-energy-policy-feed-in-tariff-fit-analysis-market
KEY TAKEAWAYS
MARKET LANDSCAPE
By Technology
- Solar
- Wind
- Bioenergy
- Geothermal
By Tariff Period
- Less than 5 years
- 510 years
- 1115 years
- 1620 years
- 2125 years
- More than 25 years
By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Check Discount: https://www.progressivemarkets.com/get-discount/renewable-energy-policy-feed-in-tariff-fit-analysis-market
About Us
Progressive Markets is the answer to every possible business query. It is a market research and business consulting firm, headquartered in U.S. that aims to deliver conversant executive support to foster overall growth of an organization in its domain.
Reach Us
5933 NE Win Sivers Drive,
#205, Portland, OR 97220,
United States.
Int’l: +1-971-202-1575
Toll Free: ++ 1-800-910-6452
Fax: +1-800-792-5285
[email protected]
