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Britain Set To Spur Solar & Biomass Energy

22/12/2012

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.

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.

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“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.”

By LE MY