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Renewable Energy Certificates slashed by UK government

Date£º2012/9/21

The UK Department of Energy and Climate Change (DECC) has revoked the statement made in July to take no immediate action on the Department¡¯s renewable obligation certificates (ROC), which supports installations >5MW. As reported by Solar Power Portal, DECC is currently consulting over plans to slash support for solar PV from 2ROCs to just 1.5ROCs from April 2013.

With 120MW of >5MW solar parks already approved for planning in the UK for 2012/13, this latest development is set to severely damage the large-scale renaissance currently happening in the UK, states Solar Power Portal.

DECC emphasizes that the proposed RO banding rates for solar are part of an ongoing process and are therefore encouraging all members of the solar industry to reply to the consultation providing up-to-date figures for DECC to accurately assess its proposals.

Alisdair Grainger, head of feed-in tariffs at DECC, will be speaking at this year's Solar Power UK 2012 about the UK government's plans for the future of both the RO and FiT schemes and what it means for large-scale solar development in the UK.

The full consultation document can be viewed here. Respondents have until October 17 to respond to DECC¡¯s proposals.

 

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