05.07.2009

Law, such as in Germany and Spain which requires utilities to purchase electricity from renewable sources and allows private investors developing a solar power plant to feed electricity into the grid and get paid a lot more than the conventional rate.

Feed-in tariff is an incentive structure to encourage the purchase of electricity generated by renewable energy.In July 2008, Israel’s Public Utilities Authority agreed to feed-in tariff of NIS 2.01 for small solar-power arrays – up to 50 kW or four times the average consumer price for entities that got a license in 2008.

By 2014 because the costs of the equipment having been reduced so drastically the feed in tariff in Israel decreased to 47 agorot a KWH

Price of oil and gas, especially very much in the world’s largest consumer country (the US) are very much linked to the amount of excess supplies existing in storage

Any substance or natural phenomenon that can be consumed or transformed to supply heat or power. Examples include petroleum, coal, natural gas, nuclear, biomass, electricity, wind, sunlight, geothermal, water movement, and hydrogen in fuel cells.