40 min
Episode 5: Electricity and How Politics can Incentivize a Shift to Renewable Energy Sources Green Premiums Podcast
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Episode 5 of the podcast focuses on a specific economic policy initially implemented in Germany: the feed-in tariff (FiT). The FiT incentivizes citizens to invest in renewable energy sources by providing an above-market price for producers. That price is achieved by letting electricity consumers pay an extra tariff on their electricity bills. In that sense, it works as a stick for people who are not investing in renewable energy and a carrot for those who do.
It was exciting to have one of the originators of the feed-in tariff in the podcast: Hans-Josef Fell. He was in the German parliament (Bundestag) from 1998-2013, representing the Green Party. Today, he is the president of the Energy Watch Group, a global network of scientists and parliamentarians focusing on clean energy. Mr. Fell is also considered one of the “fathers” of the Renewable Energy Act, of which FiT is a robust legislative framework. Mr. Fell is talking warmly about the FiT, so I brought Merethe Dotterud Leiren into the conversation to complement his view on the tariff. She is a political scientist focusing on green electricity policies, and she has written multiple papers on the FiT. Merethe Dotterud Leiren added some additional views on FiT. For example, she mentioned that the main issue with the feed-in tariff is that it is challenging to select which technologies to choose for the tariff.
A Capstone-project by Johannes Frosteman, Minerva University. Check out my blog!
Episode 5 of the podcast focuses on a specific economic policy initially implemented in Germany: the feed-in tariff (FiT). The FiT incentivizes citizens to invest in renewable energy sources by providing an above-market price for producers. That price is achieved by letting electricity consumers pay an extra tariff on their electricity bills. In that sense, it works as a stick for people who are not investing in renewable energy and a carrot for those who do.
It was exciting to have one of the originators of the feed-in tariff in the podcast: Hans-Josef Fell. He was in the German parliament (Bundestag) from 1998-2013, representing the Green Party. Today, he is the president of the Energy Watch Group, a global network of scientists and parliamentarians focusing on clean energy. Mr. Fell is also considered one of the “fathers” of the Renewable Energy Act, of which FiT is a robust legislative framework. Mr. Fell is talking warmly about the FiT, so I brought Merethe Dotterud Leiren into the conversation to complement his view on the tariff. She is a political scientist focusing on green electricity policies, and she has written multiple papers on the FiT. Merethe Dotterud Leiren added some additional views on FiT. For example, she mentioned that the main issue with the feed-in tariff is that it is challenging to select which technologies to choose for the tariff.
A Capstone-project by Johannes Frosteman, Minerva University. Check out my blog!
40 min