Posted by Ewan McClymont on 11/14/2012
Since the renewable electricity Feed-in Tariff (FIT) was introduced in April 2010, the solar PV element in particular has suffered two significant cuts, the latest occurring in August 2012. The major change in the August review was a cut in tariff rate for domestic solar PV panel installations from 21p/kWh of electricity generated to 16p, as well as a reduction in the length of ...
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Posted by Ewan McClymont on 11/14/2012
Under the Renewables Obligation (RO), licensed electricity suppliers are required to ensure that a percentage of electricity supplied is produced from renewable sources of energy. Suppliers can meet this obligation either by generating it themselves, or by purchasing Renewable Obligation Certificates (ROCs). ROCs can be issued to larger generators of renewable electricity for each mega watt hour (MWh) of renewable electricity produced. The ROCs ...
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Posted by Ewan McClymont on 11/14/2012
The Renewable Heat Incentive (RHI) was introduced in November 2011 to promote the uptake of renewable heat technologies by industrial, commercial, public sector and not-for-profit organisations. DECC is responsible for the policy underpinning the scheme whilst Ofgem pays participants a tariff for the amount of eligible heat used or biomethane produced.
The RHI operates within a fixed budget that has to ...
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