There was a buzz at our recent celebration of 40 Years of UK solar at City Hall, one of great optimism for the market, tempered with fear that policymakers will struggle to keep up. In fact today’s Government publication of a Call for Evidence on the future of small scale low carbon generation by the government makes it very clear solar is exiting from the Feed-in-Tariff (FiT), with a clear deadline of April 2019. But there is no clear direction on what happens next, leaving the industry & investors facing huge uncertainty. A cliff edge indeed. Sounds familiar? Is solar facing its own hard FexiT? The Feed-in-Tariff and Renewables Obligation were hugely successful policies. Last year 3.6% of UK electricity came from solar (half as much as coal), last week it was over 10% and there have been many days this summer where the proportion has been above 25% in the middle of the day. At the same time costs have plummeted.
Solar Trade Association 20th July 2018 read more »
Business Green 20th July 2018 read more »