Many key issues resolved – attention now on the route to market for independent operators and on-site generation
Timing remains crucial for renewable power industry
The REA welcomes the publication of Energy Bill today [1], which answers several of REA’s top 10 asks, set out in October [2]. The REA is holding members’ meetings today to discuss the future for renewable power under the Electricity Market Reform (EMR) regime introduced by the Energy Bill, and will issue fuller analysis in due course.
Initially, the REA welcomes:
The establishment of a Government-owned company to act as single counterparty for the Contracts for Difference (CfDs). This will ensure that the contracts are legally secure and bankable.
The decision to allocate CfDs on a first-come, first-served basis and not on a six monthly allocation round as originally proposed. This is fairer and more transparent, and the REA warmly welcomes this development.
The decision to awards contracts at an earlier stage in the project development process. Developers will not have to risk taking a project right through to the final investment decision with no guarantee that they would be awarded a contract.
While the REA strongly welcomes Government’s commitment to renewable energy and the commitment of funds under the Levy Control Framework, we ask Government to give clarity as soon as possible on how these funds will be allocated across renewables, nuclear, CCS and potentially energy efficiency measures.
REA Chief Executive Gaynor Hartnell said:
“The devil will be in the detail, which we have yet to fully examine. However, if the new regime is implemented sensitively, consumers and green generators should both win.
“Electricity customers will only pay what is necessary to move the UK towards a more sustainable and secure energy future. That’s because, with these new contracts, if the price of electricity increases, the amount of subsidy required can fall. Generators should get a stable price, provided they achieve the fair market price for their electricity. That’s why it’s essential we have a route to market which guarantees this.
“We can’t afford to be complacent, however. It is vital that confidence in the policy framework is established quickly given the investment hiatus we face. There is still much work to do, to translate the legislation into clear and effective policy. We look forward to working closely with DECC to ensure our members can have full confidence in the new framework as quickly as possible.”
The REA is keen to communicate the facts about the real costs to consumers of renewable energy policies, which currently make up approximately £22 of average consumer energy bills, with increases in wholesale gas prices being the key driver of energy bill increases in recent years. We also urge a consideration of the benefits of renewable energy investment alongside the costs [3].
The REA’s attention is now focused on two critical areas of Electricity Market Reform (EMR) under the Energy Bill.
Route-to-market. The term “Electricity Market Reform” is a misnomer, as the market itself is not being reformed. Independent generators must be able to sell their power into the market. In order to be financially viable under the new ‘Contracts for Difference’, generators must achieve the ‘reference price’ for their power sales. Evidence suggests this is unlikely to be achieved in the UK’s illiquid power market. Unless the route to market is clear and assured, Government’s objective of achieving stable and bankable contracts for generators will not be achieved.
On-site self-supply. Renewable energy needs to penetrate into the UK economy at all levels. Industrial sites and businesses can potentially meet much of their own energy needs through installing renewables on-site. Whilst the existing Feed-in Tariffs cater for on-site projects at the smaller scale, it is not at all clear that larger industrial scale renewables will be able to benefit from CfDs. Either the Feed-in Tariff must be extended to address this, or EMR must be made to work for potentially very large industrial users of on-site power.
On the exemption of energy-intensive industries from additional costs under EMR [4], REA Head of On-site Renewables Mike Landy comments:
“The most cost-effective ways for energy-intensive industries to manage their energy costs are demand reduction and on-site generation, such as solar power and biomass- or waste-powered CHP.
“Heavy industry remains a largely untapped opportunity for renewable energy deployment, and it is vital it is supported in the policy framework – either through eligibility for the Feed-in Tariff up to 10MW or a simplified ‘Contracts for Difference’ process – or else this cost-effective renewables deployment opportunity risks falling through the gaps.”
The Renewable Energy Association represents renewable energy producers and promotes the use of all forms of renewable energy in the UK across power, heat, transport and renewable gas. It is the largest renewable trade association in the UK, with over 900 members, ranging from major multinationals to sole traders.
Source: REA
For more information on: REA
71 Trackbacks
Awesome…
Great article post. Really anticipating browsing through far more. Excellent….
…
[...]Wonderful story, reckoned we could combine some unrelated data, nevertheless seriously really worth taking a search, whoa did 1 find out about Mid East has got much more problerms at the same time [...]…
a result of the writer’s time. business…
professionals may spend an hour or more starring at a blank screen because they do not know what to write.however, let’s be rational. the money spent to write a letter with all overhead costs incurred can be minor when compared to…
to other bloggers. don’t let it happen…
to you. i suggest that you write very clean blog posts and focus on the topic at hand.6. pillar articles are great for content. to make your blog stand out from the crowd, write pillar articles. these articles are designed to…
blogs and just be lucky enough to…
get one with do-follow comments. another way of getting quality backlinks is through writing a guest post. just find a big blog you like, similar to yours and email for a chance to guest-write. then just like in ezinearticles, backlink back…
Websites you should visit…
[...]below you’ll find the link to some sites that we think you should visit[...]……
Alton Engelbach…
Alton Engelbach…
…
[...]Here is an excellent Blog You might Obtain Fascinating that we Encourage You[...]…
your business but you also make money…
from these simple ads.whether you are a business owner, an affiliate marketer, a service provider or just plain blogger, wordpress templates can definitely help you achieve online success. forget that mind blogging programming codes, your time and effo…
exceptional space website…
Thank one to acquire dispersing outstanding facts. An individual site is really very interesting. I’m articles via products this you’ve applying this web internet web website. Them explains the easiest way good a individual genuinely realize one more…
…
[...]we came across a cool website that you just may possibly take pleasure in. Take a appear in case you want[...]…
used in order to earn some money…
from your blog. but one thing to remember is that it will take both time and effort before you actually start earning something.making money as a blogger by increasing trafficas soon as you decide to get earn some money from your…
Third Flower…
My wife and i have already been now delighted that Albert could carry out his scientific studies because of the concepts he had by way of your website. It truly is every so often perplexing to simply usually be making a gift of steps which lots of peop…
…
[...]The facts mentioned in the write-up are a number of the most beneficial readily available [...]…
Elna Ellingsworth…
Elna Ellingsworth…
problem and walk through the steps on…
how to solve that problem. we all have problems in one way or another. so by giving a solution to a problem in your niche you are assured to satisfy your readers’ appetite.use mediawe all eat with our eyes in this…
Grateful Post…
Very informative blog. Really happy! Keep writing….
…
[...]one of our guests recently proposed the following website[...]…
most search engines nowadays are going after…
fresh, unique and authoritative articles. and where do we get most of these articles? yes, on the blog sites. numerous blog sites today are competing not only for greater ranking but also to become the leading sites in search engine marketing….
Digg…
While checking out DIGG today I noticed this…
In my opinion you are not right. I am assured. I can defend the position. Write to me in PM….
I am sorry, that has interfered… This situation is familiar To me. I invite to discussion. Write here or in PM….
In my opinion you are mistaken. Let’s discuss. Write to me in PM, we will communicate….
I apologise, but, in my opinion, you commit an error. I can prove it. Write to me in PM, we will discuss….
field of specialization. therefore, those who earn…
money writing on the internet should take care to perform their online work with great care. here are some tips to finding the best writing jobs on the internet.the internet is playing an increasingly important role in work and business for…
[...]Sites of interest {we have|we’ve} a link to[...]…
[...]usually posts some extremely fascinating stuff like this. If you are new to this site[...]…
your time to develop new business and…
strategies, blog posting services providers will adequately address your submission needs. there are plenty of seo companies that provide superior blog posting services that are sure to drive quality traffic to your blog as well as enhance readership.w…
bad news is… well, there aren’t really…
any bad news.find the best keywordsif you have a regular group of readers, who visits your blog daily, you don’t have to worry too much about keywords in your headline. your blog title could be just anything you like, even without…
The Slave of the Husband…
Searching for forward to learning additional from you afterward!……
want it right now! so give it…
to them quickly and format your blog post in a way that they can easily scan your post to find exactly what they are looking for.5) cite surprising statistics. we all love statistics. you can easily do a google search for…
readers. hence, you should avoid plagiarism at…
all times.a special attention should be paid to the layouts of the posts while writing; long paragraphs can be monotonous so always go for smaller paragraphs with appropriate headings and subheadings.this will not only give an interesting look to your …
increases in visibility. when more people can…
see your blog, traffic definitely improves. you can make your blog seo friendly by using keyword rich content, regularly updating the blog with new content and encouraging posts and comments. if you are looking for a one stop solution for all…
to every action that you or your…
subject does. you can introduce fun ideas in your blog like how does peer pressure affect that way that you would normally make a rational decision.political correctnesspolitics are big business in today’s world and everybody is listening, writing and…
product.blog traffic tornado technique #3: direct selling…
is your business.i saved the best til last here, because this can be the most profitable thing to use your blog for.for years i toiled to sell the most value products (cheaper) to my readers to gain small profits for my…
huge, and it’s okay that it seems…
grand. the more, the better. remember, technorati lists over 15,000 food blogs. surely you can make contact with 100 of them.second, consider the number of people who will see that blog post into internet eternity. see, a blog post lives on…
Its hard to find good help…
I am regularly proclaiming that its difficult to procure quality help, but here is…
if you are blogging about blogging you…
should have articles about blogging and blog related issue on your blog.there are lots of paid and free tools on the internet that can help you to find keywords and keyword phrases, you can use these tools to find keywords to…
seems like everyone has a different “favorite”….
the truth of the matter is that while everybody’s scrounging for the best keyword data and the lowest-competition keyword phrases, the sites with the real traffic are quietly driving masses of visitors using another technique.so here’s how i hit thos…
cash advance loans…
[...]that is the finish of this report. Right here youll find some websites that we assume you will value, just click the links over[...]…
cultures around the world. the new knowledge-based…
society embraces online education in integrating and understanding global communities.the changing future requires educators who can adapt to teach and instruct in ways that encourages a knowledge-based teaching environment in both theory and practice….
The Slave of the Husband…
Looking for ahead to studying added from you afterward!……
Speaking frankly, you are absolutely right….
Excuse for that I interfere … I understand this question. I invite to discussion….
from adding more content yourself. perhaps you…
want to tackle the main aspects of your blog, while the lesser articles can be handled by outsourcing.however you choose to do it, outsourcing blog content writing is a very common and viable way to delegate work away from you, while…
Whispering Misty…
So sorry you can expect to pass up the workshop!…
ton of ideas to catapult your blog…
post writing and gain your precious readers’ interest to your site:personal storiesyour personal experiences and unique insight give the reader a look as to who you are as a person. by telling a good story you can grab your audience and…
Sources…
[...]check below, are some totally unrelated websites to ours, however, they are most trustworthy sources that we use[...]……
Sources…
[...]check below, are some totally unrelated websites to ours, however, they are most trustworthy sources that we use[...]……
Superb website…
[...]always a big fan of linking to bloggers that I love but don’t get a lot of link love from[...]……
hermes bags…
http://955.cc/dsFB hermes pouches included in the canada…
foundy…
You made some decent points there. I checked on the net for additional information about the issue and found most people will go along with your views on this website….
Related……
[...]just beneath, are numerous totally not related sites to ours, however, they are surely worth going over[...]……
Read was interesting, stay in touch……
[...]please visit the sites we follow, including this one, as it represents our picks from the web[...]……
Sources…
[...]check below, are some totally unrelated websites to ours, however, they are most trustworthy sources that we use[...]……
foundy…
I blog quite often and I genuinely thank you for your information. This article has really peaked my interest. I am going to bookmark your site and keep checking for new information about once per week. I subscribed to your Feed as well….
Beker…
Everything is very open with a really clear description of the issues. It was really informative. Your site is useful. Thank you for sharing….
Beker…
I really like it when folks come together and share ideas. Great site, stick with it….
what are the benefits i can expect…
from blogging for business?building credibility – a professional, well-designed website should portray your company in a positive light, educating visitors about your company, your employees and the products and services it provides. however, your blog…
hot trend that is outside of your…
niche and compare it to something inside your genre. you can write about the popularity of people like harry potter or taylor swift and how they use the same methods that you recommend in the social media world to translate their…
Poompui…
Everyone loves it when folks come together and share thoughts. Great blog, stick with it!…
writing a successful blog that will make…
you money for years to come. there are literally millions of blogs set-up on the internet, but only a fraction of these blogs are truly successful. what is the common theme among the successful blogs? it’s their relentless focus on the…
lot of people into a great discussion…
on a wide variety of topics.racismwhew, this one is always a hot topic. you’ll be able to find plenty of ideas on blogging in this arena, you can take a human rights perspective or write about the history to present-day social…
Title…
This is my Excerpt…
a general statement to specific details.paragraphs 2,…
3, and 4: each paragraph covers one of the three points outlined in paragraph 1.paragraph 5: summarizes the points covered in the earlier paragraphs and draws a conclusion about them.while very common and useful in many situations, the five-paragraph f…
Superb website…
[...]always a big fan of linking to bloggers that I love but don’t get a lot of link love from[...]……
is the key to building a loyal…
following to your web site. post insightful, authoritative, proprietary content on your site-consistently-and, in time, your web site’s analytics will show that your internet traffic is growing.what is there to blog about?blog about information that i…
The Absent Game…
Concerning me and my husband we’ve owned extra MP3 players through the years than I can count, which include Sansas, iRivers, iPods (common & touch), the Ibiza Rhapsody, etc. But, the last few many years I’ve settled down to one line of players….
Tumblr article…
I saw a writer writing about this on Tumblr and it linked to…
to find the best blog hosting services,…
you need to see what these companies tend to offer and what they have in common. there are many companies out there that would claim that they would provide you with really good services for your blog hosting needs, yet that…
Healing’s Dragon…
to discover problems to improve my site!I suppose its alright to create utilization of a few of your respective principles!!…
Stuff…
An outstanding share! I have just forwarded this onto a coworker who was conducting a little homework on this. And he in fact bought me breakfast because I stumbled upon it for him… lol. So let me reword this…. Thank YOU for the meal!! But yeah, th…
community. more developers are attracted to this…
huge market for a simple reason – there are customers willing to spend money on their blogs.don’t misunderstand me, wordpress is a free blogging platform. you can install it without paying one red cent. the free themes, plugins and other options…
a writer, it may be helpful to…
start by writing down your thoughts and feelings in a daily journal.even if you have never written in a journal before and don’t consider yourself a skilled writer, a journal is an excellent way to write freely and discover things about…
Third Flower…
My wife and that i are now delighted that Albert could execute his reports due to the ideas he had as a result of your online page. It’s once in a while perplexing to simply generally be giving away techniques which a lot of people could have been off…