The UK’s Feed-in Tariff (FiT) scheme for small-scale renewable arrays closed on 1 April 2019, much to the disappointment of key green campaign groups and solar industry figures. But, in the 12 months that followed, how has the market responded? A recent study by Centrica concluded that one-quarter of UK businesses without onsite generation are planning to install capacity before 2025, while 80% of businesses with onsite arrays are keen to increase capacity within the same timeframe. With this calmer policy landscape, the only blip on the road for the deployment of small-scale solar in the UK now would seem to be the coronavirus outbreak. Bloomberg NEF analysis published this month states that global solar demand could be 16% lower this year than previously forecast, due to the sector’s reliance on production in China and the likely impact of social distancing measures on installers. Once the pandemic is overcome, however, the market for renewables in the UK is likely to re-gather momentum, as shorter-term policy measures are developed and implemented to bolster the long-term net-zero target. Meeting the UK’s target, the CCC has repeatedly concluded, will require renewable energy generation capacity to quadruple within 30 years.
Edie 31st March 2020 read more »