Feed-In Tariff for Marine Renewables?

by Carolyn Elefant on August 9, 2009

Many credit the feed-in tariff, a premium price that utilities are required to pay for certain types of renewable energy, for the success of certain renewables in Europe.  The feed-in tariff is widely regarded as the secret behind Germany’s robust wind energy industry. And Portugal’s feed-in tariff of approximately 33 cents/kwh for marine renewables drew companies such as Scottish based Pelamis and more recently, UK based Orecon to site early stage commercial wave energy projects in Portugal.

So could a feed-in tariff work for marine renewables in the United States? For various reasons, I can’t go into any detail on this issue. However, the New York Times (8/3/09) discusses recent feed-in initiatives in the United States on both the state and federal level as well as the pros and cons of the feed-in tariff approach. I’ll let you draw your own conclusions.

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