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Biofuels obligation/mandate. R04 |
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Mandates for blending biofuels (Ethanol and Biodiesel) of total transportation fuel in per cent or million litres.
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Capital subsidy, grant, or rebate. F01 |
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This group of fiscal policy types is characterized by one-time payments by the government to cover a percentage of the capital cost of an investment.
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Electric utility quota obligation. R02 |
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Generally called Renewable Portfolio Standard (RPS), renewables obligations or quota policies. A standard requiring that a minimum percentage of generation sold or capacity installed is provided by renewable energy. Obligated utilities are required to ensure that the target is met.
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Energy production payment. F04 |
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Direct payment of the government per unit of renewable energy produced.
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Feed-in tariff/premium payment. R01 |
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A policy that sets a price that is guaranteed over a certain period of time at which power producers can sell renewable energy generated electricity into the grid. Some policies provide a fixed tariff while others provide fixed premiums added to market- or cost-related tariffs. Feed-in tariffs are expressed in national currency per kWh or national currency per MWh.
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Investment and/or production tax credits. F02 |
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Provide the investor or owner of qualifying property with an annual income tax credit based on the amount of money invested in that facility or the amount of electricity that it generates during the relevant year. It allows investments in RE to be fully or partially deducted from tax obligations or income.
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Net metering. R03 |
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Allows a two-way flow of electricity between the electricity distribution grid and customers with their own generation. Customers pay only for the net electricity used.
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Public competitive bidding. P02 |
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A tendering system by which contracts to construct and operate specific projects or fixed quantities of renewable capacity are awarded. Bidding for renewable power capacity can be done at the national or sub-national levels. By encouraging competition between utilities the goal of the tendering system is to reduce the price of supplying renewable energy.
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Public investment, loans, or grants. P01 |
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Providing financial support can enable the development of infrastructure projects through the use of public benefits, funds, loans, as well as other financing options. These various financing options provide a means for allocating the capital necessary for the implementation of renewable energy projects.
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Reductions in sales, energy, CO2, VAT, or other taxes. F03 |
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A reduction in taxes which is applicable to the purchase (or production) of renewable energy technologies.
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Tradable REC. R06 |
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Certificates provide a tool for trading and meeting renewable energy obligations among consumers and/or producers, and also a means for voluntary green power purchases. They operate by offering 'green certificates' for every kWh or MWh generated by a renewable producer. The value of these certificates, which can be traded in the market, is added to the basic payment for the renewably generated electricity.
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