Go Solar Go Dot Com : Promoting Industry With Policy

by dan — Thursday, July 5th, 2007

It's widely understood that Germany jumped to the front of the line in solar power deployments by using aggresive feed-in tariffs to promote solar investment. Rates paid for solar electricity are substantially higher than retail electricity rates - not surprisingly, German energy producers and consumers alike responded with unprecedented new investment in solar power systems. Now, in large part due to their success, Germany is reducing the feed-in rates paid for solar electricity. Euros saved will be reallocated to wind power, which will have its feed-in rates increased to give the wind business a small kick in the rear. A goverment that uses its policies to promote renewable energy rather than persistently prop up legacy energy industry... imagine that!

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