Renewables Incentives Update - Information for Developers, Investors and Funders
Have you considered whether recent changes to renewables incentives could affect your project?
In the last six months there have been a lot of changes to the mechanisms for support of renewable energy, with the introduction of Contracts for Difference (CfDs), phased closure of the Renewables Obligation (RO), changes to the Renewable Heat Incentive (RHI), reduction in support for solar under the RO and FiTs, and the introduction of sustainability criteria for biomass under the RHI. It is important for developers, funders and investors in renewable energy to understand the recent and incoming changes and how they might impact on projects. This briefing summarises the changes and their implications for those involved in renewables projects.