Market policies

Google Translate

The United States has extended wind's federal Production Tax Credit to end 2003 and there are real hopes for a federal law requiring electricity retailers to comply with a 10% minimum standard for the proportion of renewables in their portfolios by 2020. Britain is introducing a far tougher standard in its Renewables Obligation, launching this month: 10% by 2010, from only a slightly higher base than the US. Other countries going for Renewables Portfolio Standards are Belgium, Sweden and Italy, while Australia already has one. Canada is introducing a production incentive payment for wind, though it is relatively low. Portugal has a new and higher fixed premium wind tariff, similar to Germany's and without the restrictions of the French tariff. Denmark has dropped its tariff to a level that will not encourage much new build, arguing that it has already exceeded its target of 20% renewables supply by 2003.

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Sign up now
Already registered?
Sign in

Windpower Monthly Events

Latest Jobs