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
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 un ...
and receive a payment (premium) in addition to the market price.
See also
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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, ...
References
Renewable energy economy
Renewable energy policy
Renewable energy law
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