Renewable Energy Grants to be Revamped
Look out for the government's Low Carbon Buildings Programme to be revamped. John Moriarty, an official from the Department for Business (BERR) said that changes may include a "feed-in tariff" to boost the take-up of solar PV systems, along with wind and hydro turbines. This means that electricty fed into the grid from small renewable energy systems will be eligible for much higher rates per unit than normal.In Germany, feed-in-tariffs have been made into a major success. People generating electricity from renewable energy systems are paid generously for the extra power they feed in to the grid. Electricity companies are obliged to buy this energy, and the revenue has helped to kick-start significant investment in greener energy. Since Germany adopted feed-in-tariffs PV installations are more than 200 times that of Britain with 10 times more wind energy.
The UK would be well-advised to follow the German model rather than our Renewables Obligation scheme which has been much less effective in increasing renewable energy capacity.
posted by GreenEnergy360 at
19:26
