Renewable energy sources (RES) have been developed worldwide. Their rapid development can be attributed to, in addition to technological developments, various types of tools governments offer to support the use of RES, including the renewables portfolio standard (RPS) and feed-in tariffs (FITs). The book seeks to provide insights into such economic and policy issues. The purpose of this chapter is to present an overview of the book. Before briefly describing each chapter, we present Japanese renewable energy policy, which may provide a useful lesson for other countries because it has shifted from an RPS system to FITs. After reviewing it, we present an overview of this book. The book consists of two parts. Part I of the book conducts theoretical investigations into FITs by developing several simple microeconomic models. Part I consists of six chapters. Part II of the book addresses some economic and policy issues surrounding the development of RES. Part II consists of five chapters.
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