Renewable Heat Incentive Revised

The statement read:

“We have now updated the Renewable Heat Incentive Regulations to reflect the required change to the large scale biomass tariff by the European Commission.  The large scale biomass tariff has been revised from 2.7p per kWh to 1p per kWh. The regulations have been laid before Parliament, and subject to Parliamentary approval we hope to open the scheme before the end of November.”

Ofgem, the regulators of the Renewable Heat Incentive, have stated that they are ready to receive Phase 1 applications, as soon as the scheme receives Parliamentary approval – expected to be in late November 2011. The exact date of launch is still unknown, and is dependent on the Parliamentary timetable. Further developments will be reported as they are announced.

http://www.decc.gov.uk/en/content/cms/meeting_energy/renewable_ener/incentive/incentive.aspx

http://www.ofgem.gov.uk/e-serve/RHI/Pages/RHI.aspx