Feed-In Tariff: The Most Successful Support Programe

Abstract

This paper discusses the advantages of FiT schemes in the market development of photovoltaics and addresses potential concerns in regarding implementation. As it is risky to assume that the increase of competitiveness of PV electricity will be ensured by market forces driving the prices for conventional energy to higher levels only, and ultimately favouring alternative energy resources, there is a need to launch support mechanisms aimed at ensuring lower inception costs for the investor and adequate gains generated throughout the life-cycle of a PV system