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Feed-in Tariffs: an update

PRESENTATION PREPARED FOR. Climate Change & Renewables Working Group. Feed-in Tariffs: an update. PREPARED BY ADAM DAVIDSON WALKER MORRIS. 26 SEPTEMBER 2012. What are Feed-in Tariffs?. Introduced in 2010 Two parts: generation and export

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Feed-in Tariffs: an update

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  1. PRESENTATION PREPARED FOR Climate Change & Renewables Working Group Feed-in Tariffs: an update PREPARED BY ADAM DAVIDSON WALKER MORRIS 26 SEPTEMBER 2012

  2. What are Feed-in Tariffs? • Introduced in 2010 • Two parts: generation and export • Wind, solar, anaerobic digestion, hydro and micro CHP • Up to 5MW capacity • Banded • Fixed on eligibility date (subject to RPI) • MCS and ROO-FIT

  3. Recent changes - solar • Changes effective 3 March, 1 April and 1 August 2012 • Lower generation tariffs • Increased export tariff • Reduced tariff lifetime • Link to energy efficiency • Multi-installations/aggregation • Degression from 1 November 2012 • Preliminary accreditation

  4. Recent changes – others • Changes effective 1 December 2012 • Lower generation tariffs • Increased export tariff • Preliminary accreditation • Definition of community energy project • Degression from 1 April 2014

  5. Impact on projects • Projects already accredited • Proposed projects • Impact between now and1 December 2012 • Using pre-accreditation

  6. Conclusion • FITs-based projects still represent good value • Need to act quickly to avoid degression and maximise income • Use pre-accreditation to give some certainty

  7. Questions Adam Davidson Director Walker Morris Kings Court, 12 King St, Leeds LS1 2HL T: +44 (0)113 283 4477 M: +44 (0)7764 692338 E: adam.davidson@walkermorris.co.uk W: www.walkermorris.co.uk Twitter: @adamadavidson

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