Feed-in tariffs (FIT) are a policy mechanism designed to accelerate investment in renewable energy technologies. Producers of renewable energy are paid a set rate for the electricity they produce, usually differentiated according to the technology used (wind, solar, biomass, et.al.) and the size of the installation.
Over the past decade, the FIT is credited for the rapid deployment of wind and solar power among world renewable energy leaders Denmark, Germany and Spain.
This paper will examine the FIT within the context of real-world experiences, and make a case that the U.S. needs a nationwide FIT to kick-start the renewable energy industry, restore U.S. leadership in this space, and accelerate expansion of the renewable industry worldwide.
An advisor to Principal Solar, Inc. and a pioneer in the renewable energy sector of the investment banking industry and regarded as an expert in renewable energy. Peter brings a wealth of knowledge from his 35 years as a Wall Street security analyst, independent security analyst and private investor in small, emerging technology firms. He has raised over $500MM in every sector of the industry, including photovoltaics, solar thermal, wind and biomass.
Peter has served as a financial/technology consultant to a number of renewable energy companies, and currently spearheads the development of commercial-scale solar projects in the Northeast U.S. In addition, Peter works with a number of scientific advisors and associates focused solely on identifying the next generation of renewable technologies.
While serving as contributing editor for the Photovoltaic Insider Report for 17 years, Peter provided thought-leadership on a global basis to major energy companies, utilities and governments, bringing to light leading-edge technologies in the energy industry.
