NatWest and RBS extend support for renewable energy projects
NatWest and the Royal Bank of Scotland have extended their support for renewable energy projects – becoming the first banks to take future earnings from AD and hydro projects into consideration when assessing funding. The banks, which have supported renewable energy projects including solar and wind for a number of years, will now take into […]
RHI degresses for first time
Latest figures from DECC show that biomethane RHI tariffs will degress for the first time on 1 January 2015. However, DECC is currently reviewing RHI biomethane tariffs and an announcement is expected on new levels shortly. Degression automatically reduces technology tariffs which are payable to new applicants by pre-set amounts but only where deployment levels […]
Biomethane capacity surges forward to record high
Data collated by the Anaerobic Digestion and Bioresources Association (ADBA) shows that the volume of biomethane injected to the UK grid will more than quadruple by the end of 2014. Following a meeting at the Energy Institute earlier this year, the UK’s four Gas Distribution Networks (GDNs) agreed to share information for ADBA to analyse. […]
Solar Feed-In Tariffs for big roofs could soon move with owners
The Department for Energy and Climate Change (DECC) has today released proposals that would allow businesses and factories to take their solar with them if they move location. The change would apply to medium and large sized solar installations (above 50kW) and would allow people to continue to claim the Feed-in Tariff (FiT) after the […]
Home grown UK solar to be cheaper than gas
The Solar Trade Association (STA) have today published new analysis showing that the cost of generating electricity from a typical 10MW solar farm in the UK is set to fall faster than many think over the next 15 years. The report, Cost reduction potential of large-scale solar PV, is based on a survey of the […]
Farmlay Eggs go green
An Aberdeenshire farm is to invest in a further 150KW of Solar PV after the installation of 50 KW of Solar proved a ‘resounding success’. The newly installed Solar PV system is now fully operational, and is set to produce 42,000 kWh annually , driving down the farms operational costs and increasing the […]
Boost for community energy partnerships in the Feed-in Tariff
The REA welcomes DECC’s confirmation today that community groups and commercial developers will be able to share a grid connection for jointly developed renewable electricity projects under the Feed-in Tariff. This effectively doubles the size limit for projects developed in this way. For example, a solar farm 50/50 owned by a commercial developer and a […]
Proposed changes to RHI welcome but tax treatment remains unclear
The Department of Energy and Climate Change (DECC) has announced a number of amendments to the Domestic RHI Scheme that, subject to Parliamentary approval, will come into force in Spring 2015. One important change is clarification that a property made up of multiple buildings can be eligible for the domestic RHI scheme – even […]
Certainty for green gas industry on RHI sustainability rules
DECC has clarified how greenhouse gas (GHG) rules will work for biomethane plants under the Renewable Heat Incentive (RHI). Project developers have been pushing for clarity on these rules as they could ‘make or break’ the viability of their projects, including those already in development. Biomethane or ‘green gas’ (produced from food waste, energy crops […]
