Feed-in tariffs, i.e. the guaranteed price system
The purpose of the feed-in system is to guarantee an energy producer a fixed price for the electricity it produces. The guaranteed price system is one of the government’s instruments for influencing the production structure of electricity. Most often, it is relied on in an attempt to increase the use of renewable or domestic energy sources.Renewable energy feed-in tariffs are already in use in a number of EU member states. Their amount and structure varies from one country to another.