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Impact of Ontario Feed in Tariff program on the Wind Power Market (Global Data)
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The Ontario FIT program is expected to be particularly beneficial for wind |
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- Market: Environmental
- Published Date: 12/10/2009
- Report Title: Impact of Ontario Feed in Tariff program on the Wind Power Market
- Table of Contents: View Table of Contents
- Report Type: Market Report
- Country: Canada
- Number of Pages: 15
Impact of Ontario Feed in Tariff program on the Wind Power Market, explores a key segment within the alternative energy industry. The Ontario Feed in Tariff (FIT) program introduced in 2009 by the Ontario Power Authority is the state’s first comprehensive price guarantee system for renewable power generation. Along with covering project costs, the FIT program is expected to provide reasonable return on investments over the project life. The Ontario FIT program is expected to be particularly beneficial for wind as the state already has the largest market share in wind power in the country. The 25% domestic content requirement clause is expected to give a boost to the local manufacturing industry along with creating substantial green jobs for the state. However, there are challenges to be tackled in the form of lack of manufacturing capacity, manpower crunch, technological expertise, etc which could hamper wind power growth in the state.
Scope
- Comprehensive analysis of the Ontario Feed in Tariff program
- Insights into the wind power market
- Features of the program and its impact on the wind power market
Reasons to buy
- Develop business strategies with the help of specific insights from GlobalData on the Ontario Feed in Tariffs program.
- Gain a strong understanding of the wind energy market and analyze key trends
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