Thursday, January 26, 2012

UK government loses feed-in-tariff case

Europe

UK government loses feed-in-tariff case

25.01.2012: The UK Court of Appeal has upheld a High Court ruling that said changes to the feed-in-tariff (FIT) scheme proposed by the Department of Energy and Climate Change (DECC) would be unlawful. The ruling means that small-scale photovoltaic (PV) installations registered before April 1 will be eligible to receive the FIT rate of 43.3 pence per kWh. In late October, the DECC proposed reducing the FIT for small-scale PV installations by more than 50 percent and said it planned to bring forward the cutoff date for the old FIT to Dec. 12, 2011. The DECC issued a statement on the new ruling, saying it would seek permission to appeal to the Supreme Court. Energy and Climate Change Secretary Chris Huhne explained that the DECC proposed the changes to the FIT because it wants to maximize the number of installations possible using the available budget. British Minister of energy Greg Barker commented on the decision on Twitter: “Win, lose or draw today, important we move forward together, drive down costs and step up deployment.” … Source: UK Department of Energy and Climate Change; Summary: PHOTON

http://www.decc.gov.uk/en/content/cms/news/huhne_fits/huhne_fits.aspx

http://twitter.com/GregBarkerMP

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

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