An early review of Feed-in Tariffs
("FITs") was announced today by Chris
Huhne, Secretary of State for Energy and Climate
Change. This was widely expected by the industry due to
the implications of the Comprehensive Spending Review and recent
statements made by Greg Barker, Minister of State for Climate
Change, regarding large scale, standalone solar PV plants.
Fast Track Review for Large Scale Solar PV Projects
There will be a fast-track consideration of large scale solar PV
projects (over 50 kW) with a view to making any resulting changes
to tariffs as soon as practical, subject to consultation and
Parliamentary scrutiny as required by the Energy Act
2008.
It is not yet clear exactly how long this review process will
take, but the Government has reiterated that it will not act
retrospectively, with any changes to generation tariffs implemented
as a result of the review only affecting new entrants into the FITs
scheme. The indications are, however, that