A risk assessment published this morning by the Department for Energy and Climate Change alongside detail of plans to close the RO for sub-5MW solar projects revealed the cost of the scheme on consumers to be just £1.80 per year, writes Liam Stoker.
The solar industry has reacted furiously to recent governmental proposals which will heap uncertainty onto developers looking to proceed with solar projects, both roof- and ground-mount.
The Department for Energy and Climate Change (DECC) has confirmed that the Levy Control Framework (LCF) will run beyond the previous deadline of 2020, offering at least some assurance in an otherwise grey day for the renewables industry.
Renewable Obligation support for solar farms under 5MW will be scrapped after 1 April 2016, under Department of Energy and Climate Change plans outlined today.
Support for sub-5MW solar farms could be in line for cuts as part of the Department of Energy and Climate Change’s rumoured “big reset” of green subsidies, according to the Telegraph.
Energy and climate change secretary Amber Rudd said she was “acutely aware of the need for certainty” within the renewables sector and confirmed discussions with the Treasury regarding the future of the Levy Control Framework.
Reports that solar is facing a cut in subsidies have reached fever pitch, with the industry bracing itself for the worst. But does a cut in subsidy mean a drop in support for solar in Westminster?
Energy and climate change secretary Amber Rudd has heaped fresh doubt over the future of the government’s Contracts for Difference subsidy mechanism and confirmed there is to be an announcement on the feed-in tariff “shortly”.
Exeter-based solar installer, SunGift Energy has called on the government to maintain its solar subsidy commitments in the wake of persistent rumours that the government is rethinking green subsidies.