[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]


News Home

Subscribe to RSS feed

Add NWW headlines to your site (click here)

Sign up for daily updates

Keep Wind Watch online and independent!

Donate $10

Donate $5

Selected Documents

All Documents

Research Links


Press Releases


Publications & Products

Photos & Graphics


Allied Groups

Wind farms and biomass plants to keep key Government subsidies  

Credit:  By Rowena Mason, The Telegraph, www.telegraph.co.uk 21 October 2011 ~~

Developers of offshore wind and biomass plants expressed relief after the Government said it would maintain their subsidies.

Ministers have been reviewing renewable obligation certificates (ROCs), which are worth around £40 per megawatt-hour on top of the £55 price of electricity.

Offshore wind farms and solar installations will still receive the same support of two ROCs, although financial support will decrease gradually from 2015.

But onshore wind will see a small cut to 0.9 ROCs, which could kill off around a fifth of projects. Wave and tidal power benefited most from the review, as subsidies more than doubled to five ROCs.

Drax’s share price rose 10pc to 529.87p after the Government said it would give support of one ROC to “co-firing” biomass alongside coal. It will still be difficult for Drax to build dedicated biomass plants on the current subsidies. Landfill gas and energy-from-waste projects saw their subsidies cut.

Amid mixed support for the renewables industries, critics said constantly changing policies undermined the Coalition’s green credentials. Andrew Horstead, of Utilyx, said: “What they don’t want is policy U-turns, which is exactly what we have got.”

Source:  By Rowena Mason, The Telegraph, www.telegraph.co.uk 21 October 2011

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

Wind Watch relies entirely
on User Funding
Donate $5 PayPal Donate


News Watch Home

Get the Facts Follow Wind Watch on Twitter

Wind Watch on Facebook


© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.