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Financing Aspects - Wind Energy
see: GTZ 2009: Development of Implementation Strategies for a Regional Regulatory Action Plan (RRAP) for the Western Cape. http://www.gtz.de/de/dokumente/gtz2009-en-regional-regulatory-action-plan-western-cape.pdf
Financial Incentives and Programme Funding pp. 78
There are different types of instruments available to support renewable(wind) energy projects which range from direct to indirect policy instruments. Direct policy measures, such as (encouraging) Feed-in-Tariffs, aim to stimulate the installation of renewable technologies, whereas indirect instruments focus on improving long-term framework conditions. In addition to regulatory instruments, other approaches are aimed at removing barriers which limit investments, such as lack of information, lack of skills, limited research and development, inadequate regulatory structures, and limited incentive programmes.(...) Renewable energy incentive programmes can assist in establishing a competitive selfsustaining renewable energy supply while increasing the quantity of renewable energy
generated country-wide. There are a range of incentives that can be used including:
- direct subsidies from government in the form of feed-in tariffs and capital grants;
- fiscal incentives such as tax rebates or exemptions;
- investment incentives which encourage the participation of national and international financiers; and incentives that promote public-private partnerships to increase the use of renewable energy technologies.[1]
- ↑ GTZ 2009: Development of Implementation Strategies for a Regional Regulatory Action Plan (RRAP) for the Western Cape. p. iii
