30 Mar '16, 4pm

Proposed DECC reforms set to change the renewable heat landscape

The government confirmed its ongoing support for the RHI (Renewable Heat Incentive) scheme in the November Spending Review announcing that spending would rise from £430m in 2015/16 to £1.15bn in 2020/21. They also stated that the scheme would have to deliver “better value for money” and save £700 million over the five year period. The subsequent DECC consultation document clarifies what funding will be available and outlines plans to reform both the domestic and non-domestic schemes. The government hopes this will promote wider access and support technologies which are “likely to be strategically important in the longer-term”. Tighter budget limits are being brought in from the start of next month with a single cap across both RHI schemes. This will allow the schemes to be closed early in any financial year, but monthly updates will be published to help reduce uncertainty ...

Full article: http://www.renewableenergyfocus.com/view/43951/proposed-d...

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