UK’s DECC launches consultation on a review of the Feed-in Tariffs scheme

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
UK’s DECC launches consultation on a review of the Feed-in Tariffs scheme

The UK’s state Department for Energy and Climate Change (DECC) has launched a consultation on a review of the Feed-in Tariffs scheme.

The FITs scheme was introduced in 2010, with a comprehensive review of the scheme in 2011-12 introducing several changes. Alongside the Renewables Obligation and, more recently, the Contract for Difference regime, FITs is part of a set of initiatives to encourage the deployment of renewable energy across the UK.

The objectives of the scheme on its introduction were:
  • Encourage deployment of small scale (up to and including 5 MW) low-carbon electricity generation;
  • Empower people and give them a direct stake in the transition to a low-carbon economy;
  • Assist the public take-up of carbon reduction measures;
  • Foster behavioural change; and
  • Help develop local supply chains and drive down energy costs

The consultation sets out proposals for a fundamental review of the FITs, intended in the short term to control scheme costs effectively. This is within the context of our success so far in deploying renewables under FITs against UK's 2020 projections.

See Consultation on a review of the Feed-in Tariffs scheme:

http://ippjournal.com/wp-content/uploads/2015/08/FIT_Review_Con_Doc.pdf

List of country news

Country news

  • September 01, 2015

    RWE close to secure project financing for Galloper offshore wind farm

    RWE is close to achieve project financing for the UK 540 MW Galloper offshore wind farm, located 27 km off the coast of Norfolk, UK. Read more
  • September 09, 2015

    Peel Energy closes financing for 50MW Frodsham wind farm

    Peel Energy has closed project financing for the 50 MW Frodsham wind farm in Cheshire, North West England, UK. Read more
  • September 10, 2015

    SEP completes £9 M investment in Hamsin Wind

    Scottish Equity Partners (SEP) has completed its first clean energy infrastructure investment from the Environmental Capital Fund. Read more
  • September 15, 2015

    Work commences at Rampion Offshore Wind Farm

    This week will begin construction works at the 400 MW Rampion offshore wind farm, located off the coast of Brighton, UK. Read more
  • September 15, 2015

    Actis announces exit of Globeleq Africa to CDC and Norfund consortium

    Actis has completed the sale and transfer of Globeleq Africa to a company owned by Norfund and CDC Group Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.