The World Future Council has issued a report grading North American feed-in tariffs for renewable energy. Only Ontario and Vermont make a passing grade. All other programs in the US and Canada failed to pass.
Gipe evaluated the programs using ten criteria that have been found critical in creating successful renewable energy policy. He then devised a weighting system to reflect the relative importance of each criterion. Most criteria received 10 points, some less. Tariff differentiation by size or application, a hallmark of successful programs, received 20 points.
- Program caps, 10 points
- Project size caps, 10 points
- Contract terms, 10 points
- Technologies included, 10 points
- Tariffs based on cost of generation, 10 points
- Tariffs differentiated by technology, 10 points
- Tariffs differentiated by size or application for each technology, 20 points
- Tariffs differentiated by resource intensity for wind energy, 10 points
- Inflation indexing, 6 points
- Bonus or social adders, 5 points
If you would like a hard copy of the full report, please email us at contact(at)earthaction.org.