MacRoberts Energy Update 09/02/12
IMPROVEMENT PLANS FOR FiTs ANNOUNCED
The Government has indicated its commitment to the future of Feed-in Tariffs by announcing plans to improve the scheme, aiming to make it more predictable, transparent, certain and long-lasting.
Greg Barker, Minister for Climate Change, said: “[W]e are announcing plans to improve the Feed-in Tariffs scheme. Instead of a scheme for the few, the new improved scheme will deliver for the many. Our new plans will see almost two and a half times more installations than originally projected by 2015, which is good news for the sustainable growth of the industry. We are proposing a more predictable and transparent scheme as the costs of technologies fall, ensuring a long term, predictable rate of return that will closely track changes in prices and deployment."
More information can be found here.
For further information, please contact Nick Jones on 0131 229 5046 or Michael Murphy on 0141 303 1100.
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