Support for new energy vital for growth
31 Aug 2015
Renewable energy support schemes such as feed-in tariffs, quota obligations, capital grants, and subsidies, will continue to be instrumental in promoting Europe’s renewable energy industry growth by 2020, according to research and consulting firm GlobalData.
The company’s latest report says that of the various support mechanisms in Europe, FiTs have emerged as a particularly effective way of promoting the renewable industry, with wind and solar power benefiting most from these measures.
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