You can learn more about each of the policy and incentive options by selecting the cards below. You can filter these cards by “policy type” and “primary stakeholder” to narrow the options to the ones that interest you the most. If you don’t select a filter, all the options will be displayed.
The goal is for you to use the filters and the information provided to choose the policy and incentive options most appropriate for your power system, so that you can set the right clean power policies and achieve your goals and objectives.
Policymakers can use renewable power targets to accelerate investment in and deployment of clean power.
Policymakers can use renewable portfolio standards to increase renewable energy deployment by requiring electric utilities to buy or generate a portion of their energy from renewable power sources.
Policymakers can increase demand for and investment in clean power by requiring public sector entities to procure a certain percentage of their power generation from renewable sources.
Policymakers can use feed-in tariffs (FIT) to increase shares of clean power by providing developers a guaranteed long-term, standardized contract with a price for all renewable electricity generated and priority access to the grid.
Policymakers can use net metering and net billing to incentivize investment in distributed clean power generation, including rooftop solar, by rewarding the distributed generation owner for electricity that is either self-consumed or exported to the grid.
Policymakers can use auctions, also called reverse auctions or tender processes, to procure low-cost renewable power. This policy requires electric utilities to enter into long-term contracts for renewable power and developers for this renewable power are selected through a competitive bidding process.
Credit enhancements are financing tools public and private institutions can use to expand developers or system owners access to financing, including loans. These measures make it easier for individuals or businesses to borrow money.
Tax benefits are investment incentives governments can use to support the development of new clean power projects.
Policymakers, electric utilities, or non-governmental organizations can provide grants and rebates to reduce capital costs for clean power projects. These investment incentives can lower a project’s risk and its financing costs.
Policymakers, electric utilities, and NGOs can use informational public awareness campaigns to raise public awareness about the benefits and opportunities of clean power. Public support is essential for the success of many clean power projects.
Community-based clean power programs can increase demand for clean power while also increasing access to clean power for households and businesses.