The UK has proposed a new tariff regime for solar power projects that fall under the Renewables Obligation initiative besides new criteria for usage of biomass in the country.
Acknowledging the role of Solar PV and biomass power in boosting the country’s energy security and ability tackling climate change,
UK Energy Secretary Ed Davey said the new tariff structure will provide investors with greater incentives for developing solar plants while allowing greater sustainability of biomass-fueled plants.
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"Solar PV and biomass are important renewable technologies as we move towards a more low-carbon energy mix.
"It is vital that our support for solar PV projects under the Renewables Obligation reflect the fall in the cost of the technology. Our proposals are designed to encourage the most economically sound solar PV projects under the RO and ensure value for money for the consumer."
"We understand the need for market certainty and have moved quickly to finalise these plans. We want our policy to be based on the best available evidence, so it is vital that we receive strong engagement from the solar industry and other interested parties," said Davey.
New criteria laid out for biomass to be used in the country’s power plants include – wood fuel to come from sustainably managed forests besides measures to reduce carbon intensity of biomass generation.
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By GlobalData"Biomass has the potential to provide a significant amount of renewable electricity in this decade and beyond.
"These proposals make clear our commitment to ensuring that the use of biomass power is sustainable both for the environment, and for the consumer," added Davey.
