Thursday 2 February 2012

UK consider following the German FiT Model

After the defeat of the UK government over the reducing of the solar subsidies without proper consultation. They are now considering copying the German FiT Model of reducing subsidies when installations reach a certain volume. The government is set to introduce phased reductions in subsidies for solar panels that come into force once a certain level of installations is reached.

A consultation on the so-called deployment trigger could be launched as early next week, a spokeswoman for the Department of Energy and Climate Change (DECC) said. "We intend to announce the results of the solar consultation by February 9," said the spokeswoman. "At the same time we'll also put forward proposals to introduce a cost control mechanism for solar PV." Read more ...
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