FEED-IN TARIFFS (FITS) ON RENEWABLES IN THE EU AND THE REFERENCES SERVED FOR CHINA

Abstract

Feed-in tariffs (FITs) have been considered as the best support mechanism to rapidly increase renewables production in the EU. Against this background, the paper looks at the roles of FITs on accelerating renewables industry and mitigating climate change in the EU and analyses the advantages and barriers in Germany and the UK. On the other hand, based on the status of FITs performance in China, the study will also discuss what references from the EU could provide for China in further promoting renewables to make more contribution on mitigating global climate change in future.