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Tariff rate fall could threaten Bute wind scheme  

Credit:  By Craig Borland | The Buteman | 09 January 2015 | www.buteman.co.uk ~~

A fall in the rate of incentives paid for generating ‘green’ electricity could put a Bute community wind power scheme under threat – before it has even begun.

Bute Community Power Ltd (BCP) hopes to contribute £1 million to the local economy over the next 20 years from two 250kW turbines at Auchintirrie farm – part of an overall target of £5 million over 25 years from renewable schemes.

But the project’s manager says that any significant delay could put the feasibility of the project in doubt because of a steady decline in the rate of ‘feed in tariff’ (FIT) – the cash paid out by the government to encourage businesses and individuals to generate electricity from renewable means.

Boyd Alexander told The Buteman: “The FIT rate was 27p per kilowatt hour in 2012. When we started, the rate was 18p.

“Now it’s fallen to 14.5p, and with a couple of years’ delay it’s possible the scheme could become unfeasible.”

BCP members voted last month to continue with feasibility work on the scheme; they hope a planning application will be ready for submission to Argyll and Bute Council by the end of March.

* More in the January 9 edition of The Buteman – on sale now.

Source:  By Craig Borland | The Buteman | 09 January 2015 | www.buteman.co.uk

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 is owned by 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 to query/wind-watch.org.

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