Feed-in Tariffs: Blessing or Curse for Geothermal Energy? Worldwide Background and Overview

Abstract

Feed –in tariffs (FiT) are an important and successful steering instrument to facilitate the use of renewable energies. In many countries of the world feed-in tariffs play a fundamental part to rise the commercial interest of investors concerning geothermal electricity production. In 20 EU-countries, in USA, east africa, central america, overall more than 30 countries FitS for all kinds of renewable energy support the energy change. About 15 countries created a feed-in tariff for geothermal electricity. In Germany with its difficult geological situation feed-in tariff for geothermal electricity rose in 2012 to 25€Ct/kWh (30$Ct/kWh). Other FiT i.e. for photovoltaic are reduced by the government as they succeeded .