Government seeks views on competitive renewables funding

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The government confirmed last month it is pressing ahead with plans to require “established” renewables technologies to compete for funding under the contracts for difference (CfD) regime.

The government originally signalled its intention to implement the CfD scheme – a cornerstone of its Electricity Market Reform package – with a first-come-first-served allocation system for funding. But in a consultation, launched on 16 January, the government said competitive allocation of funds, at least for more established technologies, would ensure value for money for consumers and that the most efficient projects should receive funding first.

via Energy & Gas Prices Falling – January 2014.

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