Details on the information generators will be required to provide suppliers with to receive Smart Export Guarantee (SEG) payments have been revealed in draft guidance for suppliers published by Ofgem.
BEIS will intervene if suppliers fail to come forward with a Smart Export Guarantee (SEG) tariff come January, a spokesperson for the department said this week.
Few could fault the government for rallying behind clean energy funding where others demur but are vague or localised measures enough for a world with 12 years left to limit global warming?
Details of the government’s Smart Export Guarantee (SEG) emerged earlier this week, eliciting responses that range from calling it “better than nothing” to welcoming an end to the “ongoing tragedy” of the policy gap between the feed-in tariff (FiT) and the SEG.
The policy gap between the feed-in tariff (FiT) and the Smart Export Guarantee (SEG) is set to close by the end of 2019, guaranteeing payment for excess domestic solar generation.
The government is aiming to start the legislative process for the Smart Export Guarantee (SEG) before the summer in a bid to have the export tariff up and running before the end of the year.
Octopus Energy has sought to “replace and improve” upon the now defunct export tariff with its own iteration.
Energy minister Claire Perry has remained tight-lipped over the future shape of the Smart Export Guarantee (SEG) as her department begins to pour over responses to its consultation on the matter.
The government’s Smart Export Guarantee (SEG), its eagerly awaited replacement for the soon-to-close export tariff, has been dubbed both a “new era” for solar and a “mountain to climb” as the proposals received a mixed response.