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Kotomora

固定価格買取制度こていかかくぜんりょうかいとりせいど

also: こていかかくかいとりせいど

Meanings

1

noun

feed-in tariff; fixed-price purchase system

A policy under which electric utilities are obligated to purchase all electricity generated from renewable sources at a fixed price for a set period. Often abbreviated as FIT.