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Global Renewable Energy Policy Feed-in-Tariff (FiT) Analysis: Installed Capacity and Targets, 2014-2025

06-06-2017 02:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research Beam

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Renewable energy refers to the energy obtained from nonconventional, inexhaustible, replenishable energy resources, such as wind, sunlight, hydropower, tides, and biomass. The focus on renewable energy has increased recently due to the rising global pollution and environmental concerns. To support the production of renewable energy, governments across the globe have formulated several policies, regulations, and schemes providing support to renewable energy producers in the form of tax incentives and funds. One such policy is the Feed-in-Tariff or FiT. According to this policy, all the renewable energy producers, including farmers, home owners, private investors, and business owners should be paid a cost-based price for the renewable energy that they supply to the grid. The tariff to be paid differs with the type of technology, amount of energy produced, location, region, and size.

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Based on technology, the market is divided into solar, wind, bioenergy, and geothermal sectors. On the basis of tariff period, market segmentation includes less than 5 years, 6-10 years, 11-15 years, 16-20 years, 21-25 years, and more than 25 years. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:
Drivers:
Increment in the number of jobs and positive impact of FiT on economic growth is encouraging the adoption of renewable energy technologies.
Growing environmental concerns along with the need to reduce dependency on fossil fuels is supporting the growth of the renewable energy market.

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Restraints:
Initial costs of switching to renewable energy and the installation costs are high, which hinders market growth.
Market Players:
The top players involved in the global renewable energy policy FiT analysis include First Solar, Inc., SunEdison Inc., Martifier Solar, Gamesa Corporacin Tecnolgica, M.A. Mortenson Company, Inc., AMEC Foster Wheeler PLC, Prenecon Prime Energy Constructions S. A., Black & Veatch Holding Company, Suzlon Energy Ltd., and Ormat Technologies Inc.

By Geography
o North America
U.S.
Canada
Mexico
o Europe
UK
Germany
France
Spain
Italy
Rest of Europe
o Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
o LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA

Table Of Contents:

1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter’s Analysis
4. Market by Technology
4.1. Solar
4.1.1. Historical Market Size by Region, 2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.2. Wind
5. Market by Tariff Period
5.1. Less than 5 years
5.1.1. Historical Market Size by Region, 2014-2016
5.1.2. Market Forecast by Region, 2017-2025

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