what, with the benefit of hindsight, are we able meaningfully to say about the circumstances in which renewables generators do in fact prove to be consistently profitable? The most notable and important fact is that the vast majority of such cases share a signal, common feature, whether the output is being sold mainly in wholesale spot markets or indeed under long-term contracts, as is principally the case in, say, India. That common feature is effective government support for renewables, of the kinds examined in earlier chapters.
