Feed-In Tariff: Government Encouraging The Market

The feed-in tariff is a well known policy mechanism in the area of electricity generation. It has been applied in many countries with the intent of encouraging the development of renewable power generation. Such a policy typically involves guaranteeing to desired types of generation both subsidized long term prices for electricity and guaranteed grid access. This policy has been well utilized notably in Germany and Spain, where residents have seen very stable electricity prices coupled with tremendous growth of the renewable energy sector of their economies.

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Incentives to build renewable in Saskatchewan

We proposed a feed-in tariff for renewable energy resources such as wind, solar, and hydro power. What this means is basically that people or companies who produced power from these sources would be paid more for their electricity than non-renewable providers. See our proposal for more details about the practicality and effectiveness of a feed-in tariff as well as more detail on tailoring the solution for Saskatchewan. The intent of this policy mechanism is to stimulate an increase in private investment into these technologies.

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