28 Aug '14, 3pm

Plunge in UK Distributed Energy Investment Forecast for 2019

Plunge in UK Distributed Energy Investment Forecast for 2019

Excessive and overlapping new policies are expected “to create chaos in the UK’s solar PV distributed power generation market in particular,” says a report from research and consulting firm GlobalData. Investment in wind, solar and combined heat and power installations will fluctuate annually between 2013 and 2015 and then decline from 2016 until the end of the forecast period as a result of various anticipated policy amendments. These changes include the expiration of the Renewables Obligation policy in March 2017, which will be replaced by Contracts for Difference (CfD) from as early as April 2015. Feed-in Tariffs (FiTs) are also set to expire in March 2021, and are currently subject to degression and corridor limits for each type of distributed power generation technology. Nonetheless, while reductions in annual investments into the UK’s overall distributed power genera...

Full article: http://www.renewableenergyworld.com/rea/news/article/2014...

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