Friday 21 October 2011

Biomass plants and wind farms to keep key government subsides

A recent decision made by the government ensures that renewable energy such as wind farms and biomass plants are to keep the key government subsidies using renewable obligation certificates (ROCs), which are worth around UK£40 (€46.058) per megawatt-hour on top of the UK£55 (€63.33) price of electricity. Developers of offshore wind and biomass plants expressed relief after the government said it would maintain their subsidies. Read more ...
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