Small-scale energy generation under threat in UK

Wind Industry Profile of

Ofgem confirms a significant reduction in the “embedded benefit” paid to small generators / Cut to benefit will damage existing projects as well as the development of new cutting edge clean tech projects

Energy regulator Ofgem has confirmed that it will cut the payments made to small-scale electricity generators. The payment will be cut from £45/kw to between £3/kw and £7/kw. The original consultation proposed reducing the benefit to around £2/kw. Industry advisory panels that recommended the proposals were comprised of mainly large-scale power developers and large utility companies. When the proposed changes were announced small to medium sized developers, utilities, and operators were deeply concerned, as were developers of new... ... More: Official Press Release REA

Keywords:

REA, ofgem, UK, small-scale