Feed-in tariffs, a policy mechanism designed to accelerate investment in renewable energy technologies, have been used successfully in many countries to increase the amount of electricity being generated from renewable sources.
The UK has actually been fairly slow off the mark on this. Our aim to be ‘the greenest government ever’ included support for feed-in tariffs.
Indeed, in the Coalition Agreement the preamble to the section on Energy and Climate Change said: ‘We need to use a wide range of levers to cut carbon emissions, decarbonise the economy and support the creation of new green jobs and technologies.’ It went on to say ‘We will establish a full system of feed-in tariffs in electricity,’ and ‘We will encourage community-owned renewable energy schemes where local people benefit from the power produced.’
So what is happening to the system of feed-in tariffs? And how are the changes going to encourage community-owned renewable energy systems?
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