The UK Government’s recent changes to energy policy have caused uncertainty in the sector risks the growth of the renewables industry in Scotland.
News from our renewable energy team, covering topics from CPPA developments through to the changes in policies, funding and growth of the renewable energy market.
A government scheme which provides financial support for renewable heating in homes and businesses has been critical in the uptake of the technology.
The most important element of the budget is the removal of the Climate Change Levy (CCL) exemption for renewable electricity. That’s according to Renewable Energy Foundation Director John Constable. His comment follows Chancellor George Osborne’s Summer Budget announcement earlier today. Mr Constable told ELN it will benefit the Treasury by “several hundred million pounds a… Read More »Climate Change Levy exemption ‘will save several hundred millions’
The European Investment Bank (EIB) is providing £51 million for a transmission link to a wind farm in the UK. The Gwynt y Mor offshore wind farm, located in Liverpool Bay, eight miles off the north Wales coast, will produce enough electricity to power around 400,000 homes. It will include 160 turbines, with a total… Read More »EU lend £51m to link UK offshore wind farm