The British Department of Energy and Climate Change (DECC) has released a five-year plan for the solar and biomass industries in an attempt to give investors certainty on subsidy levels for the 2013–2017 period.
“We want to see a healthy solar industry that grows in a sustainable way,” said Edward Davey, Energy and Climate Change Secretary. “That’s why our support levels reflect the fall in the cost of the technology.”
Building-mounted solar photovoltaic (PV) projects will receive higher rates than ground-mounted projects, which the DECC believe will encourage the installation of solar projects at larger factory or warehouse buildings. Nevertheless, the funding made available will still be a cut of 20% from current levels.
“We have listened to industry about the need to differentiate support between building mounted and ground mounted installations and we have introduced two bands as a result,” said Greg Barker, Minister of State for Energy and Climate Change.
“Our proposals for solar projects on commercial buildings will encourage businesses to consider solar PV as a serious option for meeting their power needs.”
The press release also made clear that the Government plans to ensure the Renewables Obligation (RO) funds new biomass projects, with support for £600 million available, enough to create nearly 1,000 jobs.
“Biomass will make a significant contribution as we seek to increase the amount of cost-effective, low carbon renewable power in our energy mix,” said Davey. “The support we are setting out [this week] will bring new investment into the economy and create new jobs.”
I'm a Christian, a nerd, a geek, a liberal left-winger, and believe that we're pretty quickly directing planet-Earth into hell in a handbasket! I work as Associate Editor for the Important Media Network and write for CleanTechnica and Planetsave. I also write for Fantasy Book Review (.co.uk), Amazing Stories, the Stabley Times and Medium. I love words with a passion, both creating them and reading them.