Articles by
Anne Kallies
Beyond Australia’s RET: options for state action
By
Anne Kallies
The main advantage of FITs was investment security for renewable generators and protection from the volatility of the wholesale electricity markets. They also allow for generation-specific support, through setting tariffs according to the cost of different kinds of renewable generation. Setting the right tariff level has been the major difficulties of FIT schemes, with overly generous tariff setting leading to unnecessary costs for consumers.