The government is set to launch a review of the solar industry’s subsidies, which may favour industrial rooftop installations over large-scale solar farms. The sector is concerned that another change of policy might harm investment in the sector.
The green website BusinessGreen said that major changes may occur as the Department of Energy and Climate Change (DECC) prepares to announce a review of solar subsidies. While this has yet to be confirmed, it is believed that commercial-scale rooftop installations on offices, factories, supermarkets would be encouraged – as announced recently in the government’s Solar Strategy.
On the other hand, large solar farms might see their subsidies scrapped because of their impact on the countryside. An anonymous government source said that following the Solar Strategy on rooftop installations, it was “only a question of when, not if, they were going to look at cutting the subsidy for solar farms”.
The move has worried the industry, which says investors might lose trust and changes could put jobs at risk.
The Renewable Energy Association’s chief executive Nina Skorupska said, “Drastic changes to policy – to which solar power is no stranger – can lead to job losses and damage investor confidence across the renewables industry. We urge DECC to tread very carefully if it does indeed plan to review the support mechanisms for large scale solar. This sector is creating jobs and bringing down costs rapidly.”
Meanwhile, Paul Barwell, chief executive of the Solar Trade Association, added, “We are disappointed to read that DECC is launching another review on the solar industry. Investor confidence and market stability is absolutely essential in order to deliver sustained cost reductions for consumers and a healthy solar industry for UK plc. We are obviously on tenterhooks to see what changes DECC is proposing to make.”
The Conservative party recently announced that if it wins the general election in 2015, it will cut support to onshore wind farms.
Photo: visual_k via flickr
Like our Facebook Page
Strange Ways the Sporting World Impacts the Environment
The Future of Cryptocurrency is Eco-Friendlier than the Present
Why Bill Gates Is Wrong on the Climate Impact of Bitcoin
Everything You Need to Know to Create an Eco-Friendly Nursery
4 Environmental Benefits of Using A Buckwheat Pillow
Eco-Friendly Ways to Dispose of The Office Furniture!
7 Huge Advantages of Using Solar Power at Home
5 Important Changes to Become An Eco-Friendly Nicotine User
4 Great Ways to be a Committed Eco-Tourist While Flying
7 Basic Types of Forex Charts Ethical Investors Must Understand
How to Make Your Ecommerce Business More Eco-Friendly?
How Can Social Media Help In Promoting Sustainable Lifestyle?
Luxury Development for The Ultra-Rich Causing Climate Change Conundrum in Barbuda
How Does Bitcoin Mining Work and is it Eco-Friendly?
Is Gen Z Ahead of Millennials in Terms of Eco-Investing?
Four Reasons Why Buying Used Cars Is the Way to Go Green
There is no Planet B: The Growing Importance of ESG
Wonderful Environmental Monitoring Tips to Keep Indoor Air Clean
The Tremendous Benefits of Investing in Energy-Efficient Windows
4 Morning Productivity Tips for Green Entrepreneurs that Are Night Owls
- Features10 months ago
Eco-Friendly Interior Design Is Easier Than You Might Think
- Features7 months ago
Eco-Friendly Hacks To Create A Durable Shop For Your Home
- Features8 months ago
5 Simple Ways To Create A Greener And Healthier Home
- Environment11 months ago
The Benefits Of Sustainable Agriculture For Farmers