22 Dec '14, 3pm

Renewable Energy Review: United Kingdom

Since 2003, global consultancy Ernst & Young has released its Country Attractiveness Indices, which ranks global renewable energy markets by analyzing investment strategies and resource availability. The indices are updated on a quarterly basis and the most recent report can be found here . Here is the firm’s assessment of the U.K. Clearing the EC Hurdle The U.K.’s transition to a competitive auction mechanism that awards contract for difference (CfD) FITs received state aid clearance from the European Commission (EC) in late July, representing another milestone in the execution of the Government’s Electricity Market Reform (EMR). While this is welcome news for the market, it needs to be seen in context, i.e., just another small step in what appears to be an almost pedestrian transition under the U.K.’s EMR. Pots of Cash Notwithstanding, within days of this EC approval, a ...

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

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