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Have to say that the solar FIT is, imo, far too high and provides far too high an ROI which fostered the boom/bust cycle in Spain.

Even cutting the solar FIT in half would almost certainly leave it a very profitable investment, more than profitable enough to sustain a good growth curve that would enable constantly lowered cost of production which enables moving the FIT down gradually year-to-year.

Thus, perhaps, cut the FIT in half and reduce it by 1 Euro Cent / kWh or so each year for new installations.  

Blogging regularly at Get Energy Smart. NOW!!!

by a siegel (siegeadATgmailIGNORETHISdotPLEASEcom) on Wed Apr 28th, 2010 at 09:15:28 AM EST

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