The future of the Levy Control Framework – the financial arrangement that supports and controls the amount of support renewable energy gets through ROCS, feed-in tariffs, and now Contracts for Difference (CfDs). The framework runs out in 2020 – so what is to come next? How will further renewable power roll outs be supported up to 2025? We’ve been promised an announcement in the Budget for some time – and indeed, the government has effectively ‘borrowed’ the £700mn it announced for support of offshore wind (£200mn of which has already gone from auctions on offshore schemes deliverable in 2021-22) from the putative forward framework up to 2025. But what would the rest of the picture look like? Clarification has become quite urgent, since it is schemes in the planning stage now that will need to know the regime for their roll out – which inevitably takes a few years to complete.
Alan Whitehead’s Blog 4th Dec 2017 read more »
