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To promote the production of clean energy, many countries have
introduced incentives to encourage investment in the renewable
energy sector. These incentives have often included feed-in tariffs
( FiTs ), which generally involve long-term contracts
providing for certain guaranteed payments to producers of renewable
electricity (
e.g., solar and wind power plants).
Incentives such as FiTs have attracted substantial foreign
investment in the renewable energy sector since the early
2000s.
Particularly after the global financial crisis, however, some
governments have failed to comply with their FiT regimes or have