Shared problems, fragmented interests
Retroactive FIT changes in Europe: Feed-in tariffs have been the cornerstone of promoting renewable energy in Europe. Recently, however, European governments have turned hostile towards them and some have cut tariffs for renewable energy projects retroactively. What are the latest developments, and what is realistically possible to expect regarding tariff subsidies in Europe?
At his presentation in October’s Solar Energy U.K. event in Birmingham, Paul Barwell, CEO of the U.K.’s Solar Trade Association, told the audience that the U.K. has inherited a GBP 555 million ($891 million) renewable energies cost stemming from past solar PV feed-in tariffs (FITs). There is nothing we can do about it, Barwell said, “this is …
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