UK Gov't cuts feed-in-tariff for big solar

Last Friday, Reuters reported that the British government would cut feed-in-tariff support for large solar power projects.  "Feed-in-tariffs" are above-market prices paid to renewable energy projects to subsidize the introduction of renewable energy technologies into electricity markets.  Popular with developers and environmental advocates, they have usually proven too expensive to maintain, resulting in a boom-bust cycle for renewable energy.  Reuters reports that the UK will continue to subsidize smaller, household-sized solar installations, and larger projects with reduced subsidies.