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From what I,ve read this seems to be a good system for encouraging the growth of PV generation. However, I think people will only invest if they are confident central government will not move the goalposts. Are we confident they will stick by the financial system they have instigated?
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You are joking right? Kill FIT now before it contributes to bankrupts your country. Since when could the government manage anything?MSEE, PE -
UK FIT system
I believe the future for green technology lies in mass adoption. We know that this type of support has expanded take-up massively in Germany, and it will be good news if the same happens in UK. For info, system places government in an enabling role (creating the financial environment for green technology adoption) not a management role.Comment
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The governments are buying peace of mind that they have done something - nothing more. The fact that it is negative doesn't bother them at all.
Germany and Spain are reducing the cost to the governments caused by the silly subsidies and FITs they put in place already.
Competition can drive the prices down as the technology develops and that is lasting. I have seen prices for wind turbines increase to take into account the subsidies - not exactly the idea.
How can the US (or other country) support the subsidies when the government is as broke as it is?
The FIT and subsidy programs simply help pay for the systems of the people with a bit more money to start with - at the expense of all. FITs raise the cost of power for all to cover the few that have PV or wind systems.[SIGPIC][/SIGPIC]Comment
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