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Feed in tariff for microgeneration
Posted: 05/03/2008
It looks as though the government may be deciding to embrace feed-in tariffs, and the Renewable Energy Association have issued a statement welcoming the news. Malcolm Wickes, the energy minister, told an evidence session on the Energy Bill that the Government is looking at new proposals to boost micro-generation - including a feed-in tariff.
The Renewable Energy Association has welcomed the plans to look ‘afresh’ at microgeneration and the concept of a Feed-in Tariff.
Andrew Cooper, Head of On-site Renewables at the REA, said, “The REA has repeatedly called for the adoption of a tariff style mechanism, similar to that in place in Germany. This type of mechanism will address the revenue problem currently afflicting smaller scale renewables generation.”
“The government needs to maximise the contribution from on-site renewables if it is to develop a competitive market to deliver on the 2016 Zero Carbon homes initiative. Feed-in tariffs address the revenue return of renewables but we also need to address the capital cost. A tariff mechanism will provide a vital stimulus for this sector.”
“In order to make up our allocated contribution to the EU 2020 Targets we need a three-fold increase from the 5% renewables contribution that current policies will achieve. A wide and varied portfolio of renewable technologies will have to be employed and the REA hopes that the consideration of feed-in tariffs for small scale renewables will recognise the significant contribution this sector can make.”
"Feed-in tariffs address the revenue return of renewables but we also need to address the capital cost. The REA has been working on a scheme to overcome capital constraints experienced by householders looking to invest in renewable energy equipment. The RE-Charge scheme, currently being piloted by Kirklees Council, is a system of subsidising on-site renewables installations via the means of a second charge against a property. This removes the hurdle of current grant problems or soft loans".
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