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Feed-in Premium
A feed-in premium (FIP) is a policy mechanism designed to support investment in renewable energy. In a FIP, renewable energy producers sell to the electricity market and receive a payment (premium) in addition to the market price. See also * Feed-in tariff A feed-in tariff (FIT, FiT, standard offer contract,Couture, T., Cory, K., Kreycik, C., Williams, E., (2010)Policymaker's Guide to Feed-in Tariff Policy Design National Renewable Energy Laboratory, U.S. Dept. of Energy advanced renewable tariff, ... References Renewable energy economy Renewable energy policy Renewable energy law {{renewable-energy-stub ...
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Renewable Energy
Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, the movement of water, and geothermal heat. Although most renewable energy sources are sustainable, some are not. For example, some biomass sources are considered unsustainable at current rates of exploitation. Renewable energy often provides energy for electricity generation to a grid, air and water heating/cooling, and stand-alone power systems. Renewable energy technology projects are typically large-scale, but they are also suited to rural and remote areas and developing countries, where energy is often crucial in human development. Renewable energy is often deployed together with further electrification, which has several benefits: electricity can move heat or objects efficiently, and is clean at the point of consumption. In addition, electrification with renewable energy is more efficient and therefore ...
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Electricity Market
In a broad sense, an electricity market is a system that facilitates the exchange of electricity-related goods and services. During more than a century of evolution of the electric power industry, the economics of the electricity markets had undergone enormous changes for reasons ranging from the technological advances on supply and demand sides to politics and ideology. A restructuring of electric power industry at the turn of the 21st century involved replacing the vertically integrated and tightly regulated "traditional" electricity market with multiple competitive markets for electricity generation, transmission, distribution, and retailing. The traditional and competitive market approaches loosely correspond to two visions of industry: the deregulation was transforming electricity from a public service (like sewerage) into a tradable good (like crude oil). As of 2020s, the traditional markets are still common in some regions, including large parts of the United Stat ...
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Enel Green Power
Enel Green Power S.p.A. is an Italian multinational renewable energy corporation, headquartered in Rome. The company was formed as a subsidiary of the power generation firm Enel in December 2008. It is present with assets in operation or under construction in 21 countries and carries out development activities in a further 5 countries on five continents generating energy from solar, geothermal, wind and hydropower sources. As of 2022, it manages a capacity of 56,3 GW (0,7 GW Storage) and has over 1200 plants worldwide. From 4 November 2010 to 31 March 2016, the company was listed on the FTSE MIB index of the Milan Stock Exchange, as well as on the Madrid Stock Exchange and the Barcelona, Bilbao, and Valencia regional Stock Exchanges. History Enel Green Power was founded on 1 December 2008 to concentrate all of Enel's activities in the production of renewable energy. At the time of its establishment, Enel was the largest European company in the field of renewable energy, bot ...
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Rockefeller Institute Of Government
The Rockefeller Institute of Government is the public policy research arm of the State University of New York. The institute conducts nonpartisan research and analysis on state and local government and finance, American federalism, public management, and New York State issues. The institute is located in Albany, New York. History The Rockefeller Institute was founded in 1981, at the same time as the Nelson A. Rockefeller College of Public Affairs and Policy at the University at Albany, as a proposal by then-SUNY chancellor Clifton Wharton to acknowledge the role that Governor Rockefeller played in expanding the state and city universities. Warren Ilchman was the first director of the Institute until 1987, at which time David Andersen was named interim director. In 1989, Richard P. Nathan became the institute's second director. Prior to coming to Albany, Nathan was a professor at Princeton University, worked at the Brookings Institution, and served in the first Nixon administra ...
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Feed-in Tariff
A feed-in tariff (FIT, FiT, standard offer contract,Couture, T., Cory, K., Kreycik, C., Williams, E., (2010)Policymaker's Guide to Feed-in Tariff Policy Design National Renewable Energy Laboratory, U.S. Dept. of Energy advanced renewable tariff, or renewable energy payments) is a policy mechanism designed to accelerate investment in renewable energy technologies by offering long-term contracts to renewable energy producers. This means promising renewable energy producers an above-market price and providing price certainty and long-term contracts that help finance renewable energy investments. Typically, FITs award different prices to different sources of renewable energy in order to encourage development of one technology over another. For example, technologies such as wind power and solar PV are awarded a higher price per kWh than tidal power. FITs often include a "degression": a gradual decrease of the price or tariff in order to follow and encourage technological cost reductions ...
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Renewable Energy Economy
Renewable energy commercialization involves the deployment of three generations of renewable energy technologies dating back more than 100 years. First-generation technologies, which are already mature and economically competitive, include biomass, hydroelectricity, geothermal power and heat. Second-generation technologies are market-ready and are being deployed at the present time; they include solar heating, photovoltaics, wind power, solar thermal power stations, and modern forms of bioenergy. Third-generation technologies require continued R&D efforts in order to make large contributions on a global scale and include advanced biomass gasification, hot-dry-rock geothermal power, and ocean energy.International Energy Agency (2007)''Renewables in global energy supply: An IEA facts sheet'' (PDF)OECD, 34 pages. As of 2012, renewable energy accounts for about half of new nameplate electrical capacity installed and costs are continuing to fall. Public policy and political l ...
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Renewable Energy Policy
Renewable energy commercialization involves the deployment of three generations of renewable energy technologies dating back more than 100 years. First-generation technologies, which are already mature and economically competitive, include biomass, hydroelectricity, geothermal power and heat. Second-generation technologies are market-ready and are being deployed at the present time; they include solar heating, photovoltaics, wind power, solar thermal power stations, and modern forms of bioenergy. Third-generation technologies require continued R&D efforts in order to make large contributions on a global scale and include advanced biomass gasification, hot-dry-rock geothermal power, and ocean energy. International Energy Agency (2007)''Renewables in global energy supply: An IEA facts sheet'' (PDF)OECD, 34 pages. As of 2012, renewable energy accounts for about half of new nameplate electrical capacity installed and costs are continuing to fall. Public policy and political ...
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