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Drastic Cuts For Large-Scale Solar Power Subsidies

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http://www.guardian.co.uk/environment/2011/jun/09/large-scale-solar-subsidies-cut

Subsidies for large-scale solar power installations are to be cut drastically, the government confirmed on Thursday morning, in its long-awaited review of feed-in tariffs (Fit) for renewable energy.

The reform will favour domestic and other small-scale installations of solar power, of up to 50kw – typically enough to cover several houses but not enough for some of the community-scale installations some developers had planned, which would cover fields.

Greg Barker, minister of state for energy and climate change, said: "I want to drive an ambitious roll out of new green energy technologies in homes, communities and small businesses and the Fit scheme has a vital part to play in building a more decentralised energy economy. "

He said the government had undertaken a wide-ranging review and consultation on the feed-in tariffs, through which installations of solar technology and anaerobic digestion – a process that creates energy from waste, often used on farms – receive a set sum per unit of energy generated.

As of the beginning of August, installations of solar power that are between 50 kilowatts and 150 kilowatts of capacity will receive 19p per kilowatt-hour produced, down from 32.9p. Larger installations of up to 250kw will receive a reduced tariff of 15p per kwh and field-size installations of between 250kw and 5 megwatts of capacity will get half that, at 8.5p per kwh. Both larger sizes were previously paid 30.7p per kwh.

The rates of support for anaerobic digestion go up slightly, and will be 14p per kwh for installations under 250kw of capacity, falling to 13p for installations up to 500kw.

The cost of the feed-in tariffs is met not from government funds but by energy companies adding small amounts to bills for all customers.

How unexpected, I wonder how many projects will suddenly become infeasible? So the UK follows Spain in cutting tariffs.

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Good, large scale installations by corporations shouldn't be subsidized anyway, private home and small scale installations are unaffected.

The reform will favour domestic and other small-scale installations of solar power, of up to 50kw – typically enough to cover several houses but not enough for some of the community-scale installations some developers had planned, which would cover fields.

Edited by wise_eagle

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http://www.guardian.co.uk/environment/2011/jun/09/large-scale-solar-subsidies-cut

How unexpected, I wonder how many projects will suddenly become infeasible? So the UK follows Spain in cutting tariffs.

They must have read one of my earlier posts.

If what we hear about solar power is really true regarding the efficiency and cost of solar cells, there is really no need at all for the government to subsidise anything.

Indeed in a few years time it may well face a big problem. It is possible to imagine people generating and storing all the energy they need, independent of the national grid. That could mean a big fall in the tax take.

Land Value Tax anyone?

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They must have read one of my earlier posts.

If what we hear about solar power is really true regarding the efficiency and cost of solar cells, there is really no need at all for the government to subsidise anything.

Indeed in a few years time it may well face a big problem. It is possible to imagine people generating and storing all the energy they need, independent of the national grid. That could mean a big fall in the tax take.

Land Value Tax anyone?

+1....could be the proverbial straw needed.

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  • 311 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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