A feed-in premium (FIP) is a policy mechanism designed to support investment in
renewable energy
Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, the movement of water, and geothermal heat. Although most renewable energy ...
. In a FIP, renewable energy producers sell to the
electricity market and receive a payment (premium) in addition to the market price.
See also
*
Feed-in tariff
References
Renewable energy economy
Renewable energy policy
Renewable energy law
{{renewable-energy-stub