Featured in The next phase – 10-2012

Global FIT overview

Feed-in tariffs: The Swiss tariffs recently degressed as planned. Greece significantly reduced its FITs in light of its economic situation. The state of Victoria, Australia has slashed its tariffs to be in line with wholesale electricity prices. And Poland is tabling a new FIT, which looks set to come into effect in early 2013.

Australia Victoria: The Coalition government is drastically reducing the state’s feed-in tariff (FIT). It is currently AU$0.25/kWh, which is around the average residential price in Australia. Beginning January 1, 2013, it will plummet to AU$0.08/kWh, which is about equal to the average wholesale electricity price and cheaper than peak wholesale prices, effectively making this an …

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