Originally published 24 September 2010
There has been some speculation that the FITs for solar pv could
be reduced before 2013. On making our own enquiries it is safe to
say that the position is not at all clear. There have been quite
contradictory messages sent and it should not be assumed that a
reduction is definitely going to happen. Having said that,
DECC's response is not helpful. DECC has said that it will not
clarify the position until after the comprehensive spending review
on 20 October.
Any change to the FIT regime would not only be significantly
detrimental to the UK solar industry which has been hugely
successful in galvanising itself and securing the investment
required. The Spanish situation is a good example of what could
happen. It could also, in our view, have a damaging effect on the
renewable energy industry as a whole. Investors in UK renewable
energy need certainty now more than ever and any change to a
recently introduced regime is very
