Portland, OR -- (SBWIRE) -- 03/15/2018 -- This report projects the trends and opportunities of the global renewable energy policy fit analysis market. This research study includes a qualitative and quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview and predict the market behavior during the forecast period.
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Countries across the world aim to promote renewable energy to reduce the demand and dependence on fossil fuels. Hence, mandatory renewable energy targets are being laid down by the governments to ensure that the power producers are prompted to produce major part of electricity from renewable energy sources. This coupled with the increase in cost competitiveness of renewable energy sources when compared with other conventional power generation sources also boosts the demand for renewable power generation. In addition, energy policies such as feed-in-tariff (a performance-based incentive) also enhances the set up and utilization of renewable energy.
The global renewable energy policy fit analysis market is segmented based on tariff period, technology, and geography. On the basis of tariff period, it is divided into 5-10, 10-15, 15-20, and 20-25 years. On the basis of technology, the market can be segmented into solar, wind, geothermal, and bio energy. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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