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Update on Feed-in Tariffs for Climate Change & Renewables - September 2012

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This presentation, prepared by Adam Davidson of Walker Morris, provides an update on Feed-in Tariffs (FiTs) introduced in 2010 for renewable energy projects. It highlights key components, including generation and export tariffs, specific technologies such as wind and solar, and recent changes effective in March, April, August, and December 2012. Important adjustments include lower generation tariffs and an increased export tariff. The presentation emphasizes the importance of quick action to maximize income and avoid tariff degression, along with details on pre-accreditation and community energy project definitions.

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Update on Feed-in Tariffs for Climate Change & Renewables - September 2012

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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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